For over 2 years, US casino players online have found that a lot of casinos cannot allow them playing, and that other casinos, accepting the US players, might have the trouble to transfer the funds to casinos. Difficulty that the US players experience while trying to gamble on internet started when Unlawful Internet Gambling Act was signed in law by now former President, Bush, at October 2006. UIGEA is the title VIII of SAFE Port Act that was been codified in law to improve security of the United States ports. UIGEA prohibits transfer of the funds to online gambling websites from the financial institutions. The exceptions to law included the fantasy sports, horse or harness racing as well as lotteries.
Publicly traded websites, which were listed on London Stock Exchange have stopped accepting the US players while Act was passed. Lots of non public companies had actually planned continuing to accept the US players, and some did, and some didn’t. Share prices in many companies dropped highly when move was made.
UIGEA has actually caused a lot of frustration in gambling community online, since there are many issues, which are unclear as well as open to the interpretation. This has actually caused some being cautious, as well as others to throw the caution to wind. The casino operators, in case, they are based outside US, appear to be on the legal ground. And it is illegal having the casino operated from in borders of United States. The players don’t have the problem playing in casinos online according to the federal law, till the state expressly forbids this. There are many states, which don’t allow gambling online, like California, Florida, Nevada, as well as Texas, among others.
The players have to be cautious than any other players while selecting the casino online and poker room since there are many less than reputable websites ‘helping’ US players for making the deposits to casinos. And it is wise playing in the known and reputable casino, which accepts US players. When law preventing transfer of the funds to online gambling websites came in being, deposit options like NeTeller & credit cards have become outlawed.