Regulated stop payment for online bets? | CNET News.com
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The costs of policing a new U.S. Internet gambling ban for banks and credit card companies will be determined by regulators in the coming months, industry officials said Monday.
Government officials are expected to propose a “coding and blocking” system that will identify and stop payment to gambling sites, experts said. Many banks and credit card companies already voluntarily block Internet gambling transactions using such a system.
