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"The existing legislation is an inappropriate interference on the personal freedom of Americans and this interference should be undone," Frank said. His bill is called the Internet Gambling Regulation and Enforcement Act. Last year's legislation tried to eliminate many forms of online gambling by targeting Internet service providers and financial intermediaries, namely banks and credit card companies that process payments to offshore Web sites.
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"BetOnSports.com and other gambling Web sites operated by Gary Kaplan and his co-defendants offered gamblers in the United States illegal wagering on professional and college football and basketball," said a copy of the indictment seen by Reuters. The FBI has instructed four telephone companies to stop providing services to BetOnSports, the company said, citing the U.S. Department of Justice.