Digital prohibition hits online gambling industry

Dead man’s hand The US government effectively dealt the online gaming industry (or more accurate the online gambling industry) the proverbial “dead man’s hand”. The US Senate passed a bill that would make it a crime to use credit cards or online payment systems for Internet betting. As a result, several online-gambling companies said Monday that they planned to stop doing business with customers in the United States – by far the largest market for Internet gambling. Analysts said the measure would effectively bar online-gambling companies from operating legally in the United States, fundamentally altering their business models and perhaps […]