Happy Politicians, Online Gambling & The UIGEA
June 1st has already passed us by and US gamblers are still able to make deposits at online gambling sites. Nothing has really changed in the online gambling world except that the US government has another law that they can reference when they go after processors that knowingly process online [ more ]
On June 1st, the Unlawful Internet Gambling Enforcement Act (UIGEA) will be fully implemented by the US Treasury Dept. which would make it illegal for banks to process gambling transactions.
The UIGEA does not penalize the players, but it does go after the processors that process US gambling transactions and it [ more ]
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Online gambling is on the verge of being legalized within the United States, Google and Yahoo! are beginning to accept gambling ads again, and PayPal has even announced that they will be accepting gambling transactions from casinos, but American Express doesn’t want anything to do with the online casino industry. They [ more ]
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