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Australian Cabinet Hedges Bets on Internet Gambling

18 June 2004

AUSTRALIA – As reported by the Sydney Morning Herald: "Worried about the potential for terrorist financing, federal cabinet has examined wide-ranging legislation to ban foreign internet gambling and ordered further work before it makes a final decision, which may be next week.

"Government sources said cabinet was looking at options including total prohibition, stiff industry regulations, or leaving policing to the states.

"At this stage, cabinet appears to be disposed towards taking strong action against internet gambling, fearing it could be used by terrorists and criminals to launder money.

"…The Federal Government banned internet gambling in 2001 but since then has had to deal with a number of loopholes that allow forms of internet gambling…"

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