UIGEA already showing its effect
UIGEA has already started causing troubles to many online Lottery firms in many US states. UIGEA (Unlawful internet gambling enforcement act) bill, which was passed during Bush administration in the year 2006 commands banking and other financial institutions to block gambling transactions.
UIGEA rules clearly states that players are not suppose to use credit cards, other mode of payment transfers such as Neteller, Web money to fund their gambling accounts.
The above law has caused a major concerns to lottery firms in US where customers can’t buy lottery tickets through internet mode. Things are looking weird for these firms and they are requesting government to unblock such transactions.
UIGEA is not only hurting gambling firms but also adding salt to economy crisis, which is at its peak in United States when the country need tax revenues from solid source and what could be better than internet gambling.
- online gaming, News | Time: 6:28 am (UTC+8)
