House passes bill to relax Internet gambling restrictions

Ars: Internet gambling may be making a comeback here in the US, at least as financial services are concerned. The House Committee on Financial Services has approved a new bill-HR 6870, or the Payments System Protection Act-that seeks to offer relief to financial institutions that are currently barred from processing payments made to online gambling sites. If approved by the Senate, Americans will find one of the biggest online gambling restrictions removed.

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