The Unlawful Internet Gambling Enforcement Act, otherwise known as the UIGEA, was an amendment which was signed into law as part of the SAFE Port Act (an unrelated national security-related piece of legislation) on October 13, 2006. It was done very hastily, added and steered through the process just minutes before the Senate adjourned for the 2006 election period, so much so that the final language was not even read by the most of the members who voted on it .

The UIGEA is designed to stop transactions that go from financial institutions to gaming-related sites (online casinos) on the internet and vice versa. Its intended effect is to cut off funding to online gaming operations and block ways that US players can sign up. The bill is supposed to affect banks, credit card companies, Western Union and other third-party entities where transfers of money can be initiated.

Exceptions for the lottery and horse racing exist, and there are allowances for “fantasy sports” games as well as free gambling-type games which includes most casino games to operate, with certain restrictions.

Quite a few online gaming operators have blocked their sites from participation from US players. Companies who are traded on public exchanges overseas (Europe, the UK, etc.) stopped dealing with American customers very quickly. There is no question that the aftershock has been felt throughout the industry.

The law requires compliance from banks, and t Read more

The Unlawful Internet Gambling Enforcement Act, otherwise known as the UIGEA, was an amendment which was signed into law as part of the SAFE Port Act (an unrelated national security-related piece of legislation) on October 13, 2006. It was done very hastily, added and steered through the process just minutes before the Senate adjourned for the 2006 election period, so much so that the final language was not even read by the most of the members who voted on it.

The UIGEA is designed to stop transactions that go from financial institutions to gaming-related sites (online casinos) on the internet and vice versa. Its intended effect is to cut off funding to online gaming operations and block ways that US players can sign up. The bill is supposed to affect banks, credit card companies, Western Union and other third-party entities where transfers of money can be initiated.

Exceptions for the lottery and horse racing exist, and there are allowances for “fantasy sports” games as well as free gambling-type games which includes most casino games to operate, with certain restrictions.

Quite a few online gaming operators have blocked their sites from participation from US players. Companies who are traded on public exchanges overseas (Europe, the UK, etc.) stopped dealing with American customers very quickly. There is no question that the aftershock has been felt throughout the industry.

The law requires compliance from banks, an Read more

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An additional enjoyable recreation at the start will be Baccarat. Whatever you must know on the subject of card-playing on the subj Read more

The Unlawful Internet Gambling Enforcement Act, otherwise known as the UIGEA, was an amendment which was signed into law as part of the SAFE Port Act (an unrelated national security-related piece of legislation) on October 13, 2006. It was done very hastily, added and steered through the process just minutes before the Senate adjourned for the 2006 election period, so much so that the final language was not even read by the most of the members who voted on it.

The UIGEA is designed to stop transactions that go from financial institutions to gaming-related sites (online casinos) on the internet and vice versa. Its intended effect is to cut off funding to online gaming operations and block ways that US players can sign up. The bill is supposed to affect banks, credit card companies, Western Union and other third-party entities where transfers of money can be initiated.

Exceptions for the lottery and horse racing exist, and there are allowances for “fantasy sports” games as well as free gambling-type games which includes most casino games to operate, with certain restrictions.

Quite a few online gaming operators have blocked their sites from participation from US players. Companies who are traded on public exchanges overseas (Europe, the UK, etc.) stopped dealing with American customers very quickly. There is no question that the aftershock has been felt throughout the industry.

The law requires compliance from banks, and the purpose Read more