UIGEA and U.S. Gambling
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.
Repeated efforts to put these fears to rest have been quite useless. Consequently, some have already offered the martingale roulette system to get more players, but still it was not enough. Because most folks aren’t aware about the provisions of the UIGEA, their fears more often do not have basis. 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.For a clearer image, this will be done through two measures. 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 major benefit of the UIGEA to US players is increased security in gambling online. 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. Problem is, the UIGEA has affected things adversely. 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
Even more problems have sprung from the lackadaisical enforcement of the UIGEA. 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. The validity of the UIGEA became believable to a lot of people after seeing a number of online gambling sites cease operations. In reality, the online gambling sites would still be operational if this Act did not exist. It only became a catalyst for a number of disputes and cut ties instead of making the general gambling world more safe.
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.Also, other states still continue to let US players to participate in online gambling legally.There is an obvious division in the interpretation of these states. This division will exist until the enforcement of the UIGEA is done properly.