Gambling News by House of Odds

The US Treasury Department and Federal Reserve Board have delayed for six months the enforcement of new rules designed to crack down on Internet gambling.

WASHINGTON -- The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.The two agencies said Friday that the new rules, which were to take effect Dec. 1, would be delayed until next June 1.A key Democratic opponent of the ban on online gambling praised the action and said it would .