It's not such easy money. The US has been cracking down on Internet wagering in recent years: An October 2006 law made it illegal for credit card companies to accept charges for online gambling, effectively closing the market to foreign companies.http://www.newser.com/2008 - Newseren-usNewser Feed GeneratorWed, 03 Dec 2008 20:53:05 CSThttp://www.newser.com/story/44076/lines-keep-moving-in-fight-over-online-gambling.html?refid=rss_all_defaultCan 20th-century laws designed to stop old-school bookies put the kibosh on the multi-billion online gambling industry? Anti-gambling crusaders say they can, and they’re doing their best to prove it. Federal prosecutors have used the 1961 Wire Act to shut down several huge operations, the Washington Post reports—but critics say all the government is doing is driving companies, and their tax revenue, overseas.http://www.newser.com/story/44076/lines-keep-moving-in-fight-over-online-gambling.html?refid=rss_all_defaultMon, 01 Dec 2008 12:47:29 CSThttp://www.newser.com/story/42535/feds-block-online-gambling.html?refid=rss_all_defaultThe Treasury Department and Federal Reserve will effectively outlaw most forms of online gambling with new rules that bar banks and credit card companies from processing transactions related to internet betting. The banking and gaming industry and House Financial Services Chairman Barney Frank oppose the new rules, reports the Wall Street Journal. The regulations, issued yesterday, will give companies just over a year to fully comply.http://www.newser.com/story/42535/feds-block-online-gambling.html?refid=rss_all_defaultWed, 12 Nov 2008 22:47:13 CSThttp://www.newser.com/story/29217/fantasy-sports-ruling-bet-on-hypocrisy.html?refid=rss_all_defaultFantasy sports are A-OK with the Supreme Court and the US government—even though they’re essentially thinly disguised gambling games, writes Jacob Sullum of Reason Online. Many leagues openly include an entrance fee and a cash prize—which seems an awful lot like sports betting. But it’s not, the government insists, driving home how arbitrary gambling laws really are.http://www.newser.com/story/29217/fantasy-sports-ruling-bet-on-hypocrisy.html?refid=rss_all_defaultWed, 04 Jun 2008 13:02:29 CDThttp://www.newser.com/story/21458/internet-addiction-rising.html?refid=rss_all_defaultInternet addiction is no longer a punchline—it’s a serious mental malady that’s gained acceptance from the scientific community, Ars Technica reports. A significant percentage of the US population feels “disconnect anxiety” when away from the internet or their cell phones, an extensive research effort by the Solutions Research Group found.http://www.newser.com/story/21458/internet-addiction-rising.html?refid=rss_all_defaultFri, 14 Mar 2008 16:50:45 CDThttp://www.newser.com/story/20984/judge-upholds-ban-on-internet-gambling.html?refid=rss_all_defaultA Congressional ban on Internet gambling doesn’t violate the Constitution, says a federal judge. An online gambling association that challenged the law failed to show sufficient cause to stop its enforcement, the judge ruled, but does have legal standing to appeal the case. The group plans to do so within two months, reports AP.http://www.newser.com/story/20984/judge-upholds-ban-on-internet-gambling.html?refid=rss_all_defaultFri, 07 Mar 2008 9:34:25 CSThttp://www.newser.com/story/16066/bookies-pay-out-on-longshot-clinton-bets.html?refid=rss_all_defaultClinton supporters of an apolitical kind had reason to celebrate after her surprise win in New Hampshire: bettors on a Hillary victory reaped huge payoffs after her odds dropped to a low of 100-to-1. Bloomberg reports that the Dublin-based Intrade had made an Obama result a near certainty, leaving contrarians who bet $100 holding a bag of $10,000.http://www.newser.com/story/16066/bookies-pay-out-on-longshot-clinton-bets.html?refid=rss_all_defaultThu, 10 Jan 2008 7:17:41 CSThttp://www.newser.com/story/14491/big-sites-fold-on-net-gambling.html?refid=rss_all_defaultMicrosoft, Google, and Yahoo have agreed to cough up $31.5 million to settle Justice Department charges they promoted Internet gambling by accepting advertising from gambling sites for the past 10 years, Reuters reports. The high-tech giants will pay some of that amount in fines, and will create PSAs telling young adults and teenagers that Internet gambling is illegal.http://www.newser.com/story/14491/big-sites-fold-on-net-gambling.html?refid=rss_all_defaultWed, 19 Dec 2007 18:20:41 CSThttp://www.newser.com/story/6578/china-unleashes-web-cops.html?refid=rss_all_defaultBeijing police have an answer for Internet users who might be tempted to gamble or watch the Paris Hilton sex video: an animated officer who moves across your screen in a virtual car, motorcycle or on foot while admonishing you to steer clear of illegal content. The cartoon alerts will appear every half-hour on China’s 13 main portals starting Sept. 1, the AP reports.http://www.newser.com/story/6578/china-unleashes-web-cops.html?refid=rss_all_defaultThu, 27 Dec 2007 13:08:56 CST