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Tech Industry

Lawmakers to tackle Web gambling

The U.S. House of Representatives is scheduled to debate Internet gambling restrictions on Tuesday. Under House rules, the voting procedure for the Unlawful Internet Gambling Funding Prohibition Act (H.R.2143) requires a two-thirds majority and does not permit any amendments to be offered.

The measure, approved on May 21 by the Financial Services committee, gives federal regulators six months to devise regulations to restrict financial transactions related to Internet gambling. A second, more controversial antigambling bill (H.R. 21) that has been OK'd by two House committees is not currently scheduled for a floor vote, a Financial Services spokesman said on Monday.