• US i-Gaming Prohibition Bill Is Doomed To Fail

March 16, 2006 - A U.S. bill aimed at stamping out the $12 billion (£6.9 billion) Internet gambling industry is doomed to fail, the chief executive of 888 Plc, one of the companies it is aimed at, said. A U.S. House committee on Wednesday approved a bill attempting to stop businesses like 888 from accepting credit cards, hitting UK online gaming shares by up to 5 percent after similar falls on Wednesday. But 888 Chief Executive John Anderson told Reuters: "We feel confident it won't get through the next stages, and we'll be okay."

> Read the full story here Source: Ateonline.co.uk

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