Internet Gambling Law, Here to Stay

Despite the efforts made by the Interactive Media Entertainment and Gaming Association (IMEGA) to get the Court of Appeals to overturn the Unlawful Internet Gambling Enforcement Act, the court still ruled in favor of keeping the act.

What is the UIGEA?

The UIGEA, which was passed by the congress of America during the year 2006, states that there should not be any transactions made to transfer funds from a financial institution to a gambling site.  This, however, excludes horse racing, online lottery, and the like.  The Act greatly inhibited the movements of American members of online casinos, much to the dismay of both the players and the online gambling companies. [Read][more...]