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Pro I-net Gaming Presidential Candidate

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    Anonymous
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    http://news.yahoo.com/s/ap/20070430/ap_on_el_pr/on_the2008_trail;_ylt=Anvhq_tNnGlmcZaj2BlaYScGw_IE

    CARSON CITY, Nev. (AP) — Democratic presidential contender Bill Richardson, in a campaign stop in Nevada, said Monday he favors overturning last year’s congressional ban on Internet gambling.

    “I’m against shutting it down,” Richardson said in an interview with The Associated Press. “This is important to the economy of the state, as long as it’s properly regulated and it is.”

    While in this wide-open gambling state, the New Mexico governor said he might occasionally play slot machines but otherwise doesn’t gamble.

    The Internet gambling ban prohibits banks from processing fund transfers from players to settle their online wagers. The Federal Reserve and other bank regulators were tasked with coming up with practical measures to enforce the law by July 2007.

    Americans bet an estimated $6 billion per year online, according to industry figures, most of it through sites run by companies outside the U.S.

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