The Internet Gambling Act of 1997 Hearing Before the Subcommittee On Technolog

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The Internet Gambling Act of 1997 Hearing Before the Subcommittee On Technolog
Terrorism United States Congress Senate Committee On the
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1 Moreover, section 849. 14, Florida Statutes, provides in perti- nent part: Whoever stakes, bets or wages any money or other thing of value upon the result of any trial or contest of skill, speed or power or endurance of any man or beast * * * or whoever knowingly becomes a custodian or depository of any money or any thing of value so staked, bet, or wagered upon any such result, * * * shall be guilty of a misdemeanor of the second degree, punishable as provided in 775. 082 or 775. 083. Federa...l law currently provides: Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, shall be fined not more than $10, 000 or imprisoned not more than two years, or both.

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