Tag: US Online Poker legislation
US Online Poker: Coming To America or Shipwrecked In Congress?
October 1, 2013
Forbes – The poker world has pushed for federal legislation in the several years following the introduction of the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) – the bill that effectively made it illegal for US banks to accept deposits from online poker sites due to the implied likelihood of money laundering. The group’s hope is that a uniform, regulated environment would dissipate any fears created by the UIGEA’s passage, and that players, online poker sites and banks can work and play together with confidence. But just how close is that dream to becoming a reality? And how bumpy has the road…