17/11/06 Yogonet.com
According to MGM Mirage CEO
US still has chances for online gambling

“A new U.S. law making it illegal for banks, credit card companies and online payment systems to process payments to online gambling companies ’makes no sense whatsoever,” MGM CEO Terry Lanni said at a gambling conference.

Lanni said MGM would like to see a study commissioned to examine whether online gambling can be successfully regulated in the United States.

At a keynote panel held within G2E, Lanni had also pointed the contradictions in the Unlawful Internet Gambling Enforcement Act of 2006, which was signed into law by President Bush in October 2006.

The American Gaming Association, of which Lanni is the current chair, is expected to decide in December whether to pursue legislation calling for such a study.