About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

GAO-02-1101R 1 (2002-09-23)

handle is hein.gao/gaobaambx0001 and id is 1 raw text is: £ Accountability * Integrity * Reliability United States General Accounting Office Washington, DC 20548 September 23, 2002 The Honorable Michael G. Oxley Chairman Committee on Financial Services The Honorable John J. LaFalce Ranking Minority Member Committee on Financial Services The Honorable Spencer Bachus Chairman Subcommittee on Financial Institutions and Consumer Credit Committee on Financial Services The Honorable Sue W. Kelly Chairwoman Subcommittee on Oversight and Investigation Committee on Financial Services House of Representatives Subject: Interim Report on Internet Gambling As you requested, we are conducting a study on Internet gambling and the U.S. payments system, specifically the use of credit cards to fund Internet gambling activities. This letter responds to your request for an interim product that summarizes results to date based on this study. As agreed with your office, we plan to issue a final report on our work in November 2002. In your letter dated September 10, 2002, you noted plans to bring H.R.556, the Unlawful Internet Gambling Funding Prohibition Act, to the House floor for debate later this month. Thus, you asked us to provide this interim product to address four key issues for consideration in the congressional debate. We are providing information on gambling laws of selected states and the principal federal statutes that pertain to Internet gambling and courts' interpretations of those statutes; and preliminary results on the structure of the credit card industry, the policies and procedures that industry participants have implemented relating to the use of credit cards to fund Internet gambling transactions, and the views of law enforcement and industry participants on the vulnerability of the Internet gambling industry to money laundering. These and other questions you asked will be answered more fully in a final report to be issued in November 2002. GAO-02-1101R Interim Report on Internet Gambling

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most