By Jeremy Pelofsky WASHINGTON (Reuters) - The U.S. House Judiciary Committee approved legislation on Thursday aimed at banning Internet gambling, an estimated $12 billion industry. The measure would update and expand existing law to cover all forms of interstate gambling in the United States and would bar a gambling business from accepting payment in the form of credit cards, checks, wire and Internet transfers….

Its a $12 billion industry that some members of the US government doesn’t seem to want any part of. Bob Goodlatte won the first round in his mission to ban online gambling as the House Judiciary Committee voted by 25-11… Continue . …