Online-Gambling Ban Won't Work
Gamblers may look over their shoulder now, but experts say a new Internet gambling ban won’t keep bettors from ponying up, just turn them on to overseas payment services out of the law’s reach. 
Clamping down on the banks won’t serve as a panacea, In some cases, banks simply move the money to payment processors, known as e-wallets. Non-U.S. payment processors such as the widely used Neteller then transfer the money to the Internet gambling sites. The U.S. government has no authority over processors like Neteller that are operating legally. Both PokerStars and Full Tilt Poker have already seen traffic on their Web sites surge, taking advantage of any short-term gain now that some of the competition has been sidelined. On its Web site recently, FullTilt boasted: “We’re Here to Stay!” and offered bonuses to sign up. This isn’t the first time the industry has faced a serious setback. In 2001, Visa and MasterCard and other merchant banks stopped allowing money to be sent to Internet gambling sites. Internet gambling will recover again. It’s simply too lucrative!!