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| | Jay Cohen Comments on Net Gambling Law |
 | | JOHN'S, Antigua -- Jay Cohen, one of the founders of the World Sports Exchange (www.wsex.com), is infuriated about the Internet Gambling Funding Prohibition Act, which unanimously passed the House 7-0 last week. |
 | | What Cohen is referring to is the Internet Gambling Funding Prohibition Act (H.R. 556), a bill aimed at companies that accept payments through credit cards, electronic fund transfers or "any other form of financial transaction" to prohibit the use of unlawful online betting. |
 | | On Tuesday, October 1, 2002, when congress voted on H.R. 556, the co-sponsors knew they had a fragile bill, which may easily have been struck down with a full House, so they opted to have a limited afternoon debate instead of waiting for the evening call. |
| www.winneronline.com /articles/october2002/cohen.htm (1124 words) |
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