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Unlawful Internet Gambling Enforcement Act officially takes effect today
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terrible results, i am disappointed
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free country my ass
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Time to make sure your processor is not taking money from gambling.
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Ironic since the US government now has sizable stakes in the largest US banks. This dumb law should be repealed.
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eCredit Daily: Card Networks Must Now Detect Betting
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Had one of my bank accounts closed last week for making deposits to Pokerstars.
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I hope usa players will get their way in to online gambling one day, it's much fun on holdem then :)
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Yea, Fulltilt isn't taking CCs from US players anymore, so guess I'm going to have to keep my game strong so I don't have to reload...:winkwink:
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With WorldCup coming up, what's a good site to place bets online?
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Not much will change that hasn't already been happening the past four years.
The day the bill was passed shadily on the back of the Safe Port Act, the FBI has been arresting and confiscating gaming funds. They arrested the founders of NETeller the moment they landed in the US to catch a connecting flight. That sent shockwaves throughout the gaming industry to the point nobody A) flies into the US and b) routes their money thru US intermediaries. A lot of it was based on working to enforce the old wire act and money laundering, but the UIGEA pushed the resolve forward now that they had this bill passed. Online poker companies tried to make a stand saying they weren't gaming, but got bitchslapped and funds seized. The US had an opportunity to make a shit-ton of money on tax/fees, similar to how the EU imposed the VAT onto gaming transactions. Instead, they choose to listen to bible-thumping govenors and sneak the UIGEA on the back of a bill that was going to get signed no matter what. One can't help wonder if they went ahead and legalized it, charged taxes, how much it would have lessened the blow on the economy. In 05/06, online gambling was hitting a consolidation phase. Public gaming corporations were forming and purchasing up smaller ones, like SportsBet and VIP etc. The industry was pushing for more legitamecy and the law destroyed that. |
Hey, it's my money--why can't I spend it on gambling if I want?
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Actually, it was really initiated by the state department. I was involved when gaming was still legal, and I was around for some highish-level discussions with the major players. The government's stance was that it was too easy of a way to transfer funds without oversight. Say for example you wanted to get a large amount from your group in the middle east, to another group inside the US. Using wires, western union, etc... is too carefully watched. Instead you set up a gaming site, rig it so that someone loses a million dollars in Egypt say, and someone in the US wins a million. Now the money has been transferred without proper oversight (according the the government guys that were speaking to us) I'm not saying that I agree with the government on this, but the control of international funds transfers was the biggest reason why this went through, nothing to do with the religious right. .:2 cents: |
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Too me what stuck out was that there still many simpler ways to transfer money outside of setting up a 'casino site'. Quote:
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> Bible thumper nut jobs > Vegas > Indian tribes > anybody who thinks this will steal US money |
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My bank hasn't let me use my debit card on a poker site in years. It is possible that they started doing that as soon as the law was passed. Either way, it is a stupid law. The government's job should not be to protect me for me.
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Fucking horseshit. At least make US-only online gambling legal cuz, let's face it, the fed govt needs it. Some states are already trying to enact intrastate online poker legalization bills.
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