Interesting news for sure. Am I reading it right that this new bill is actually stricter than previously failed bills by leaving out exemptions for horse racing, etc. Won’t that actually make it harder to push through the Senate.
It also seems to state that it’s the funding of an online gambling account (via credit cards, wire transfers or other “instruments of banking”) that is the illegal activity, effectively making banks and credit cards the responsible parties. Isn’t it already fairly hard to fund an online account this way for a US resident? Thus the popularity of Neteller and others.
So basically if this law gets through, and it appears to be a big “IF”, then it would just cement the current situation for funding accounts, so not really a big deal, except for the precendent it would set.