What To Do About The UIGEA
March 3, 2022
The Unlawful Internet Gambling Enforcement Act, has been a thorn in the side of online gamblers since it's inception in 2006. Apparently it's also a bit problematic for the lawmakers in charge of implementing it. In a recent letter sent to the U.S. Treasury and Federal Reserve System, Republican Senators John E. Sununu (NH) and Pete Domenici (NM) have respectfully requested clarification on some of the bills more baffling sections. The main section of contention seems to be on what type of internet transactions are allowed and which aren't. The letter sent by the Senators seems to suggest that currently there is enough ambiguity in the implementation of the UIGEA to create, "non-uniform compliance and confusion" and may "inordinately burden every bank, credit union, credit card company, money transmitting business and payment system in the country."

For more on this story as well as a reprint of the complete letter sent to Fed Chairman Ben Bernanke and Secretary of the Treasury Henry Paulson, please visit the Independent Online Poker Authority,
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