Thursday, October 05, 2006

A new bill making it illegal for banks and credit cards to process gaming
payments has been passed by the US Congress, could this effect Blackburn
Rovers, with them obviously sponsored by online betting firm bet24. The move
is aimed to clamp down on betting, which ultimately leads to serious
financial trouble for many people. So should the bill, which has been passed
in the United States, be signed into law by American President George W
Bush, which is said to be highly likely, a major clampdown on online
gambling will be undertaken in the United Sates of America. It would then be
illegal for Banks and Credit cards to process online gaming payments from
the US. Although I'd heard of the situation I didn't really give it much
thought until Vital Blackburn Rovers user Petesta brought the matter fully
to my attention by posting this recent comment asking: "What is the
situation re the club's new sponsor's bet24 with the problems we have heard
about in the USA for sports betting firms? Does this mean they won't have
the money to pay rovers in full for the "lucrative" contract?" From what I
can make out many British based companies work in a system that goes through
the US so this is already having some effect on the online gambling
companies in this county, with their share prices dropping. The system
would no longer be able to work in such a way, through the US, but unless
this law comes into effect in this, and other countries, although the US is
major financial force and ripe with gambling it shouldn't cause too much
trouble to Blackburn Rovers Football club or bet24?