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UIGEA
Being
Solidified
October
9,
2007
With
the
passing
of
the
Unlawful
Internet
Gaming
Enforcement
Act
(UIGEA)
many
thought
that
this
was
a
done
deal,
and
that
the
government
had
passed
a
bill
that
would
not
only
affect
all
online
gambling,
but
would
change
the
way
we
view
our
government
today.
However,
in
order
to
pass
the
bill,
there
were
certain
regulations
that
had
to
be
spelled
out
which
just
were
not
done.
Now
with
many
countries
coming
after
the
US
for
the
passing
of
the
bill,
including
various
organizations
within
our
own
country,
the
US
has
finally
decided
to
put
down
some
rules
and
regulations
as
they
pertain
to
the
bill
and
how
it
affects
the
banking
industry.
The
Treasury
Department
and
the
Federal
Reserve
are
looking
at
regulations
that
would
require
US
banks
and
financial
institutions
to
have
policies
in
place
that
will
keep
players
from
participating
in
online
gambling,
and
would
also
keep
them
from
receiving
funding
from
online
casinos.
The
law
that
said
that
banks
and
credit
card
companies
could
not
process
payments
to
online
gambling
businesses
outside
of
the
US,
would
now
force
them
to
have
policies
in
place
that
would
keep
US
customers
from
online
gambling
outside
of
the
country.
The
banks
says
that
if
it
is a
charge
it
will
be
possible
to
track
that,
but
if
people
are
writing
checks
to
online
casinos
it
would
be a
whole
other
problem,
and
they
don’t
think
that
it
is
possible.
With
the
passing
of
the
bill
it
will
make
it
more
difficult
for
people
to
participate
in
online
gambling,
and
will
secure
the
online
gambling
ban
against
those
nations
such
as
Europe
and
the
Caribbean.
Even
as
they
are
attempting
to
sue
us
for
the
passage
of
the
bill,
the
US
is
taking
steps
to
ensure
its
solidity
so
that
it
cannot
be
challenged
in
the
future.
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