Bill Would Replace Internet Gambling Restrictions

Just six months after President Bush signed a law outlawing online gambling, a key Democratic politician has proposed lifting the ban. Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, introduced a bill that would replace the current broad prohibition with strict regulations, including criminal background checks and financial disclosure, imposed on companies that seek to offer legal Internet gambling.

  • Read the article: CNET News.com