House panel clears anti-Internet gambling bill
Mar 15, 2006 WASHINGTON (Reuters) - A U.S. House committee on Wednesday approved a bill aimed at stamping out the $12 billion Internet gambling industry by stopping businesses from accepting credit cards and other forms of payment.The bill, cleared by voice vote in the House Financial Services Committee, would prohibit a gambling business from accepting credit cards, checks, wire transfers and electronic funds transfers in illegal gambling transactions.Unlawful gambling, under the legislation,
Related Poker News:
- Bill to OK poker tourneys clears a House committee
- House Panel Approves Internet Gambling Ban
- Harvard Professor Joins Panel on Trade and US Online Gambling
- House approves anti-gambling bill
- Panel OKs bill that allows poker
- House Panel OKs Bill To Allow Poker In Bars
- New Hampshire Targets Charity Poker
- House panel takes no action on poker run bill
- Leach anti gambling bill approved by House committee
- House Committee to Consider Regulation of Online Gambling in U.S.
- Annie Duke, Others Testify at House Judiciary Hearing on Online Gambling
- U.S. House finance chairman ponders repeal of ’stupidest’ online gambling ban
Poker terminology:
- INSIDE STRAIGHT - Four cards to a straight, where only one rank will complete the hand. E.g., 4-5-6-8 is an inside straight since only a 7 will fill (i.e., complete) the hand. Often called a GUT-SHOT. Compare: BOBTAIL STRAIGHT, OPEN-ENDED STRAIGHT.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- RERAISE - To raise after an opponent has raised.
- STRAIGHT FLUSH - A hand consisting of 5 cards in sequence and the same suit.
- ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
- WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.

RSS feed


