All Entries Tagged With: "UIGEA"
UIGEA also focused on Prepaid Cards and Gift Cards
When news hit that the UIGEA legislation was finally put in place, there were many people upset by the fact that they were no longer going to be able to fund their online poker and casino accounts with their credit cards. However, many never expected this act to include those prepaid cards. Those players are [...]
More People turn to Online Casinos causing steady Decline for Land Based Casinos
The Mintel Research Organization has recently published a survey which shows that Americans are still enjoying plenty of gambling. However, they are doing it more so from the comfort of their own home. Land based casinos have been seeing a steady decline of the number of visitors they are receiving over the past ten years. [...]
Online Gambling may happen State by State
The US has been on a roller coaster with regards to online gambling. It seems that for every step forward for online gamblers, comes two steps backward which follow closely behind. With so much on the plates of the US congress, the bill to regulate online gambling seems to have been pushed to the back [...]
US Subsidiary for Online Gambling Payments Processor
In anticipation of legalized and regulated online casino gambling in the United States, former MasterCard executives are betting that the changes will come fairly soon. The three ex-MasterCard executives hold key positions in UC Group Ltd. UC Group Ltd has launched a subsidiary for operations in the United States, Secure Trading. Along with this, the [...]
Visa Credit Card Payments Blocked
Those who live in the United States, and rely on their credit cards to top up their online casino and online poker balances, for the most part, are very frustrated at this time. Although the terms of the UIGEA (Unlawful Internet Gambling Enforcement Act) do state that financial institutions need to block online gambling transactions, [...]
MasterCard Blocks Online Poker Sites
US online poker players have been taking their fair share of hits recently. Now, they have just been hit again. MasterCard has decided that they are going to block any and all poker transactions from players located in the US. It is suspected that this move by MasterCard is more than likely due to UIGEA [...]
Intralot Aims for US Market
Another gambling company is hoping that legislation will change in the United States in the near future and is gearing itself up for that time. Intralot, clearly the largest gambling provider in Greece, and known as the second largest gambling systems operator in the world, has purchased a 35% stake in US gaming provider, CyberArts. [...]
Good News, Barney Frank is on the Move
Late Tuesday night, Representative Barney Frank shared some good news with the online casino industry. Frank has decided that time is finally right for the online gambling bills to be moved forward. A date has been set to begin discussions on the online gambling regulations, which form the online gambling bills. Initial discussions will center [...]
UIGEA Fast Approaching
As the December 1st deadline for the implementation of the UIGEA (Unlawful Internet Gambling Enforcement Act) is drawing closer, the online gambling world is hoping for a last minute delay to be granted. A delay requested by Barney Frank and a number of other Congressmen has not yet been granted, and may well not be [...]
Online Gambler Jailed for Refusing to Testify
The US Department of Justice has been targeting not only online gambling operations, but also individual US residents. An online gambler, Nicholas Zicarelli, has been jailed for refusing to testify against online gambling operations that he has played in. Zicarelli did not want to testify in the case against the online gambling operators, and therefore [...]