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Bank Joins Online Gambling Ban

13 February 2003

NEW YORK – As reported by the Associate Press : "People's Bank has joined several other banks in blocking the use of bank-issued credits cards for Internet gambling.

"New York Attorney General Eliot Spitzer announced Tuesday that People's and nine other banks are following in Citibank's footsteps in blocking transaction codes for online gambling sites.

"The actions mean that customers can no longer use those bank-issued credit cards for funding their gambling.

"…The office said the settlement is part of `a trend in law enforcement to focus on intermediaries in combating illegal online activity.'…"

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