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Tennessee to lock out I-net wagering

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  • Tennessee to lock out I-net wagering

    From Thoroughbred Times

    Tennessee legislature ponders ban on Internet gambling

    A bill currently going through both houses of the Tennessee General
    Assembly would ban state residents from gambling over the Internet or
    creating/hosting Web sites that permit gambling.

    The identically worded bills, scheduled for votes in late February and
    early March, carefully define terms such as computer, Internet, and
    World Wide Web, and state that gambling over the Internet will be a
    Class B misdemeanor. Developing a gambling Web site will be considered
    a Class E felony and could carry a maximum fine of $20,000.

    The laws make no distinctions in the forms of gambling, meaning
    pari-mutuel wagering would be prohibited. A bill currently under
    consideration in the United States House of Representatives would ban
    gambling on the Internet, but would protect pari-mutuel wagering.
    Internet wagering is seen as a potentially vast source of revenue for the
    Thoroughbred industry, and Television Games Network plans to launch
    its Internet-wagering platforms in states where such wagering is legal in
    April.
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