USA Online Gambling: Online Gambling Legal Despite UIGEAPosted on: July 16th, 2009 9:39 am | By: Ricky Bauer
Bob Seger once said, “Knowledge is what you get when you read the fine print. Experience is what you get when you don’t.” Such a thought can be applied to the many online casinos and poker websites that closed their doors to U.S. Citizens when the UIGEA (Unlawful Internet Gambling Enforcement Act) was passed. However, USA Online Gambling maintains that the UIGEA does not outlaw online gambling, but merely restricts the ways transactions took place between online casinos and players. Such a thing seems like a logical choice given Fedzilla’s insatiable appetite for seizing the funds of online gambling businesses. Still, many top online gambling sites have found a way to circumvent the giant lumbering federal government and continue their transactions.
USA Online Gambling, (usa-online-gambling.com), is a website dedicated to educating online casino providers and players alike on how to “read the fine print.” Founder of USA Online Gambling, Tracy Carter, states, “There is a long list of sites that have overcome the UIGEA regulations and an even longer list of supporters, which aim to get the act overturned. The list of 30+ supporters of online gambling includes prominent politicians and entertainment companies such as Congressmen Barney Frank and Ron Paul, Harrah’s Entertainment, The Interactive Media Entertainment & Gaming Association and the World Trade Organization.”
The website provides a detailed analysis of what the UIGEA says and does not say. While the ultimate goal is to eventually overturn the act, but until that happens, the goal of the site is to let other know what the law “really says.”
“The fact that the government has attempted to make online gamling illegal is more than just an infringement on the rights of casinos to offer a service with massive entertainment value, but it is an infringement of the rights of players who want to enjoy online gambling from the comfort of their home. Overturning UIGEA would allow many casinos that left the U.S. Market to return, as well as increasing the number of payment and withdrawal methods. It is estimated that overturning the UIGEA and providing sites with a method of taxing sales would infuse the U.S. With over $50 billion in tax revenue within the next ten years. A number that would surely grow as online casinos were permitted to expand.” says Carter.
Tags: Barney Frank, Federal Government, frozen assets, Interactive Media Entertainment & Gaming Association, jackpot, online casino, online casinos, online gambling, online slot machine, online slots, Poker Players Alliance, Unlawful Internet Gambling Enforcement Act