The online gambling measure, a blend of earlier measures passed by the House and Senate, would make it illegal for banks and credit card companies to make payments to online gambling sites, however, it falls short of adding clarity to a 1961 federal law banning interstate telephone betting also covers an array of online gambling.
The banking industry, which was overwhelmingly against the measure to restrict online gambling, has already stated they would not have any way of monitoring the use of electronic checks for the purposes of betting online.