Britain to regulate online gaming, opposes US ban

BRITAIN TO REGULATE ONLINE GAMBLING, OPPOSES US BAN
[SOURCE: Reuters, AUTHOR: Pete Harrison]
Britain unveiled plans on Tuesday to regulate Internet gambling and said it opposed the U.S. government's banning of the industry. However, sports minister Richard Caborn told a news conference that the government would not protect UK online gaming executives from extradition requests if they took Internet bets from countries in which they were illegal. "People have to abide by the laws of particular countries," he said. "We will not acknowledge people who operate illegally." Minister Caborn was speaking at Ascot racecourse west of London at a summit of 32 international delegates, which aims to agree a framework of regulation to protect consumers, prevent underage gambling and gambling addiction. The United States declined to attend.
http://today.reuters.com/News/newsArticle.aspx?type=internetNews&storyID...

* Britain hosts officials from more than 30 nations to discuss ways to regulate Internet gaming
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