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On U.S. Gambling And UIGEA

2009/05/24 · by admin ·

The use of online gambling was first prohibited when the UIGEA, or the Unlawful Internet Gambling Enforcement Act was passed. The number of online gamblers on the internet was reduced radically ever since its enforcement in 2007. Perhaps this is due to the fear of online gamblers that either they will be caught or the online gambling site they are in will be shut down.

There have been many attempts to put these fears to rest over the years to no avail.  As if it was not enough that some online gambling sites have already offered the martingale roullete system. These fears, however, are usually unfounded and unguided as most people do not even know what the provisions of the UIGEA are. More information about the UIGEA is really needed.

How It Is Enforced

The main job of the UIGEA is to make it difficult for online gambling sites and players to conduct operations- even more so for those in the U.S.Looking at it through two measures can give a clearer image. The first is making it necessary to acquire gambling licensure under the Financial Crimes Enforcement Network which does a complete assessment of its qualification to operate within legalities; and second is putting certain games like poker, roulette, chess, etc. in a different class outside the scope of the UIGEA.

The certain repercussion of UIGEA to US players is security in gambling. In the end, the online gambling sites will be easier to track down, and so, running away from customers will be harder for the gambling sites to do. The UIGEA has had adverse effects however. Actually, it hasn’t been enforced properly The UIGEA’s lack in enforcement has only caused a number of problems in the world of online gambling.

Status of the UIGEA

Because of the problematic enforcement of the UIGEA, more problems have arisen. This has much to do with the shareholders of gambling sites.For US-based shareholders and investors, it has been more favorable to pull out of online gambling because of the problems and issues with the legalities.This, in turn, has caused many online gambling sites to shut down. Because these online gambling sites ceased operations, people were led to believe in the validity of the UIGEA. The truth is, these gambling sites wouldn’t even have closed had it not been for the presence of this Act. It in fact, became a root cause of a lot of disputes and severed ties instead of giving more security to the world of online gambling.

But the lack of efficiency in the UIGEA’s enforcement has another significant consequence.Now, there is a lot of confusion involving a lot of states in allowing online gambling to be accessible to their citizens. Strictly speaking, there is no hindrance by the UIGEA on US players participate in online gambling. Some states however understood it differently. US players in these states are now prohibited from the enjoyment of online gambling.On that note, other states still let their citizens enjoy the world of online gambling.Obviously, the stands of these states are divided. This division will exist until the enforcement of the UIGEA is done properly.

Filed Under: Casino · Tagged: gambling, gambling sites, online gambling, online gambling sites, uigea

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