U.S. Judge Backs Visa, MasterCard in Internet Gambling Ruling by Fred FaustRate It [ 0.00 / 0 Votes ]
Any thoughts? "Visa, MasterCard and several banks that issue the cards have won an important federal legal case involving credit card debts arising from Internet gambling. If a U.S. District Judge in New Orleans had ruled against them, the result could have been chaos in the already chilly relationship between online casinos and the credit card companies and U.S. banks that issue the cards.
More than 11 federal cases against the credit card companies and several of the issuing banks were consolidated and assigned to Judge Stanwood R. Duval Jr. in New Orleans. The plaintiffs were people who had lost money gambling online... " to continue click on the link above. Gambling Articles
Click on the comments link above to post your comments or read what others had to say about this site/listing.
<> (Submitted on: Thu Mar 15, 2001) 103
"Visa, MasterCard and several banks that issue the cards have won an important federal legal case involving credit card debts arising from Internet gambling. If a U.S. District Judge in New Orleans had ruled against them, the result could have been chaos in the already chilly relationship between online casinos and the credit card companies and U.S. banks that issue the cards. 