This blog is intended for all those involved or interested in online gambling and online casinos including poker and bingo sites. Any related discussions are welcome, including the legality in the United States and elsewhere in the world.
Friday, November 27, 2009
The US Government has Delayed the UIGEA Implementation
The Treasury Department and Federal Reserve have given permission to the financial institutions in the United States to delay their compliance with the UIGEA. They were set to take effect on December 1, but are now pushed back to June 1 of next year. The financial institutions have already stated the new rules will be difficult to implement because there isn't a clear definition of what constitutes internet gambling. The financial institutions, under the UIGEA, are required to decline payments from credit cards, checks or electronic fund transfers to settle online wagers.
Labels:
UIGEA,
united states,
US allowed
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