Expert testimony to the US Congress last month offered further evidence that the ban on internet gambling will not work.
Witnesses unanimously agreed that US financial service companies would face serious regulatory burdens in attempting to enforce the Unlawful Internet Gambling Enforcement Act of 2006, stating that the law is not likely to stop millions of Americans from gambling online.
"Testimony from the federal regulators and representatives of the financial services community made it clear that the prohibition on internet gambling isn’t working now and will not work in the future," said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative.
"US banks and credit card companies, along with every other type of US company involved in payment systems, would be forced spend substantial resources to force compliance with a ban on internet gambling that can be easily circumvented by anyone in the US that wants to continue to gamble online."
