Online Casino Blog

The controversial regulations supporting the U.S. Unlawful Internet Gambling Enforcement Act, rammed through in the dying days of the Bush administration and only recently effective, are already causing waves where they were not intended, it appears. The regulations place the burden of enforcement on an already stretched US financial services industry, requiring it to dislocate payments to and from online gambling firms without specifying in sufficient detail what is defined as “illegal”. The predictions were that this lack of precision would cause confusion and result in financial companies erring on the side of caution to stop “non-illegal” transactions, and this  [ Read More ]