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The US Internet Gambling Enforcement Act of 2006, which was passed by the US Congress last Friday and is likely to be signed into law by President George Bush, makes it illegal for US banks and credit card companies to make or take payments from online gambling sites.
But the law excludes online betting on horse racing and lotteries.
eBet operates in the horse racing space and all of CentreBet's clients, and growth plans, are in Australia and Europe.
Both companies made statements to the Australian Stock Exchange distancing themselves from the laws.
Originally posted by grimreaper797
honestly its so freaking pitiful. Americans need babysitters these days to tell them what they shouldn't be doing and when they need to stop. Learn some responsibility for christ sake. You bet all your money online, when you lose, its YOUR OWN FAULT. Its sickening to see stuff like this is acutally needed.