Unlawful Internet Gambling Enforcement Act In United States
UIGEA bill was passed smartly nearly 4 years back as the billl was attached to the must pass US port security bill in the senate. Many high profile congressmen were involved in passing UIGEA bill and making online gambling illegal in the country.
Today, in the United States of America, UIGEA rule has been fully implemented making banks and other huge financial firms to block any transaction which are related to e-gambling.
Reputed financial instituions are totally against UIGEA rule and opt to re consider it. One of the official spokesperson of a bank stated that its not an cup of tea to block choosen online gambling transactions among millions.
Ever since the UIGEA bill was passed in the year 2006 and prior to its full implementation, many reputed online poker rooms enjoyed and still providing services to US market. Those rooms are Full tilt poker, PokerStars and Sportsbook . Full Tilt and Stars have made fortune out of it as many competitors were already out of US market when the bill cleared senate.
One of the biggest competitors was PartyPoker.com, which ruled the world of online poker business in United States.
Now, the things are going to be different when the bill is fully implied and it will definitely impact Full Tilt and PokerStars. Prior to UIGEA United States players enjoyed party poker bonus issued by the party gaming firm.
The fight against the UIGEA is still at starting stage, where big congressmen are now getting involved to prohibit UIGEA from entering United States. Barney Frank, one of the congressmen in US has proposed online gambling legislation bill which will outlaw UIGEA and makes online gambling purely legal.
The time will only tell whether online gambling will exist in US or will be abolished.
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