It's time to create this thread, and I hope I get enough replies from everyone here who wants to share their opinions about this.
The Unlawful Internet Gambling Enforcement Act of 2006 takes full effect June 1st, 2010.
I have been using thegreek.com forever, and I deposit with bank/xxxxxx Visa Card.
I have been called two times already and the first time I could not get the entire message, but about 30 mins ago, I got the message clearly and it was from a recording message from bank that they won't accept any more deposits to online gaming/gambling sites.
So, that's finished. I used them last week, and I still have some funds at thegreek right now.
What's your opinion about this? Any ideas on what to do next?
It's time to create this thread, and I hope I get enough replies from everyone here who wants to share their opinions about this.
The Unlawful Internet Gambling Enforcement Act of 2006 takes full effect June 1st, 2010.
I have been using thegreek.com forever, and I deposit with bank/xxxxxx Visa Card.
I have been called two times already and the first time I could not get the entire message, but about 30 mins ago, I got the message clearly and it was from a recording message from bank that they won't accept any more deposits to online gaming/gambling sites.
So, that's finished. I used them last week, and I still have some funds at thegreek right now.
What's your opinion about this? Any ideas on what to do next?
I think us Americans again lose out we are done from this market. Don't you just love when are gov't can tell us what and what we can not do with our owned hard earned dollar.
I think us Americans again lose out we are done from this market. Don't you just love when are gov't can tell us what and what we can not do with our owned hard earned dollar.
Come June 1st internet gambling from the USA will be a thing of the past. You can thank those religious right wing nut jobs who think it is their god given right to tell other people what do do.
Come June 1st internet gambling from the USA will be a thing of the past. You can thank those religious right wing nut jobs who think it is their god given right to tell other people what do do.
I think its pretty much a done deal. That being said i doubt it will have much effect on the industry. Most books have been perfecting the art of bypassing this legislation for the past 4 years. They use a processor for the credit cards not flagged as a gambling site and once the bank figures out it being used to fund gambling accounts and stop payment they just open a new processor and on and on it goes. Im sure there will be some hiccups the first few weeks but i seriously doubt they can stop the funding of accounts as there will always be someone somewhere willing to provide that service. As for payment this bill does nothing to change anything about payment so i wouldnt worry to much.
I think its pretty much a done deal. That being said i doubt it will have much effect on the industry. Most books have been perfecting the art of bypassing this legislation for the past 4 years. They use a processor for the credit cards not flagged as a gambling site and once the bank figures out it being used to fund gambling accounts and stop payment they just open a new processor and on and on it goes. Im sure there will be some hiccups the first few weeks but i seriously doubt they can stop the funding of accounts as there will always be someone somewhere willing to provide that service. As for payment this bill does nothing to change anything about payment so i wouldnt worry to much.
That being said we all need to start doing our part and put all these control freaks on notice that were tired of being pushed around by voting every single one of these bums out of office. The political awaking has already begun and theyre starting to drop like flies in recent elections. I believe a true libertarian movement is the only hope for this decling totalitarian country.
That being said we all need to start doing our part and put all these control freaks on notice that were tired of being pushed around by voting every single one of these bums out of office. The political awaking has already begun and theyre starting to drop like flies in recent elections. I believe a true libertarian movement is the only hope for this decling totalitarian country.
Come June 1st internet gambling from the USA will be a thing of the past. You can thank those religious right wing nut jobs who think it is their god given right to tell other people what do do.
The dems control the House, Senate, and the Oval. If they wanted to legalize internet gambling or at least turn a blind eye, they could. They rammed health care up our ass when a slight majority of people were against it.
Come June 1st internet gambling from the USA will be a thing of the past. You can thank those religious right wing nut jobs who think it is their god given right to tell other people what do do.
The dems control the House, Senate, and the Oval. If they wanted to legalize internet gambling or at least turn a blind eye, they could. They rammed health care up our ass when a slight majority of people were against it.
Its such bs tho, because you can do every other fucking thing in this country but bet online sports and play poker??? How in the hell does that make any sense.
Its such bs tho, because you can do every other fucking thing in this country but bet online sports and play poker??? How in the hell does that make any sense.
Our
records show that you may have used your bank Visa®
Prepaid Debit Card for internet gambling transactions in the past.
Beginning
May 31, 2010, MasterCard
and Visa will begin complying with the Unlawful Internet Gambling Enforcement Act
by blocking
all online gambling
transactions attempted by U.S. cardholders. This means you will not be
able to use your bank card or account for internet based gambling
transactions. Internet gambling transactions will be automatically
declined to comply with these federal regulations. bank has no
control over this change.
Don’t forget there are many great ways
to use your bank card. You can pay bills online or over the phone,
shop online and make everyday purchases anywhere Visa debit cards or
wherever Debit MasterCard is accepted. At bank, we make sure that
you are
informed and in control of your money.
Our
records show that you may have used your bank Visa®
Prepaid Debit Card for internet gambling transactions in the past.
Beginning
May 31, 2010, MasterCard
and Visa will begin complying with the Unlawful Internet Gambling Enforcement Act
by blocking
all online gambling
transactions attempted by U.S. cardholders. This means you will not be
able to use your bank card or account for internet based gambling
transactions. Internet gambling transactions will be automatically
declined to comply with these federal regulations. bank has no
control over this change.
Don’t forget there are many great ways
to use your bank card. You can pay bills online or over the phone,
shop online and make everyday purchases anywhere Visa debit cards or
wherever Debit MasterCard is accepted. At bank, we make sure that
you are
informed and in control of your money.
Gambling law
goes into effect, but websites say they will still operate
The Unlawful Internet Gambling
Enforcement Act comes into full effect Tuesday nearly four years after
Congress passed the law under controversial circumstances. The law aims
to stop online gambling by preventing credit card companies and banks
from processing fund transfers for unlawful Internet gambling. But the
law is ambiguous because it only loosely defines what constitutes
unlawful gambling.
The
concern for big online poker firms: Will banks and financial firms
decide any online gaming is more trouble than it’s worth and stop
facilitating transactions that have anything to do with it? This was
partly the reason that last November the Treasury Department
and the Federal Reserve decided to delay till today required compliance
with the law by blocking regulations to implement the legislation.
“It is likely to make
life more difficult for banks — especially small community banks — who
will find it a great burden to police transactions that might be related
to Internet gambling,” says Kevin Di Gregory, a partner at Manatt,
Phelps & Phillips who used to oversee Internet gambling enforcement
at the Justice Department. “There are already banks that are refusing to
engage in transactions that might be questionable.”
Online poker is currently a big grey area in the U.S. The Department of
Justice has for years taken the position that it's illegal and has gone
after some important firms. But the U.S. online poker industry services
2.5 million Americans who play and bet $30 billion annually. Since
PartyGaming exited the U.S. online poker market because Congress passed
UIGEA, the market has been dominated by PokerStars and Full Tilt, a
company associated with famous poker players like Howard Lederer and
Christopher Ferguson. PokerStars, the biggest online gaming company in
the world, said in a statement: “Since UIGEA by its terms did not alter
or amend existing federal, state or tribal gambling laws, and since
PokerStars’ long standing position is that it has at all times operated
in a lawful manner in the U.S., June 1st will bring about no change to
PokerStars’ philosophy with respect to its U.S. customs."
John Pappas, who heads the lobbying group Poker Players Alliance, says
“the Earth will remain on its axis and Internet poker will continue.”
Said Pappas: “The ill effects of the UIGEA have already been felt
because many credit card
companies have already blocked these transactions and the players have
migrated to various other means to fund their accounts.” Still, the PPA
has filed another petition to exempt online poker from UIGEA.
Democrat Barney Frank has been one of the most
important proponents of online poker in Congress. He has introduced the
Internet Gambling Regulation, Consumer Protection and Enforcement Act to
regulate the business with an eye
to taxing it. There is some hope from online gaming boosters that the
full implementation of UIGEA today will cause the kind of havoc that
will actually help strengthen support for Frank’s effort.
Perhaps, but this is a
day the online gaming industry has desperately tried to avoid and defer.
Gambling law
goes into effect, but websites say they will still operate
The Unlawful Internet Gambling
Enforcement Act comes into full effect Tuesday nearly four years after
Congress passed the law under controversial circumstances. The law aims
to stop online gambling by preventing credit card companies and banks
from processing fund transfers for unlawful Internet gambling. But the
law is ambiguous because it only loosely defines what constitutes
unlawful gambling.
The
concern for big online poker firms: Will banks and financial firms
decide any online gaming is more trouble than it’s worth and stop
facilitating transactions that have anything to do with it? This was
partly the reason that last November the Treasury Department
and the Federal Reserve decided to delay till today required compliance
with the law by blocking regulations to implement the legislation.
“It is likely to make
life more difficult for banks — especially small community banks — who
will find it a great burden to police transactions that might be related
to Internet gambling,” says Kevin Di Gregory, a partner at Manatt,
Phelps & Phillips who used to oversee Internet gambling enforcement
at the Justice Department. “There are already banks that are refusing to
engage in transactions that might be questionable.”
Online poker is currently a big grey area in the U.S. The Department of
Justice has for years taken the position that it's illegal and has gone
after some important firms. But the U.S. online poker industry services
2.5 million Americans who play and bet $30 billion annually. Since
PartyGaming exited the U.S. online poker market because Congress passed
UIGEA, the market has been dominated by PokerStars and Full Tilt, a
company associated with famous poker players like Howard Lederer and
Christopher Ferguson. PokerStars, the biggest online gaming company in
the world, said in a statement: “Since UIGEA by its terms did not alter
or amend existing federal, state or tribal gambling laws, and since
PokerStars’ long standing position is that it has at all times operated
in a lawful manner in the U.S., June 1st will bring about no change to
PokerStars’ philosophy with respect to its U.S. customs."
John Pappas, who heads the lobbying group Poker Players Alliance, says
“the Earth will remain on its axis and Internet poker will continue.”
Said Pappas: “The ill effects of the UIGEA have already been felt
because many credit card
companies have already blocked these transactions and the players have
migrated to various other means to fund their accounts.” Still, the PPA
has filed another petition to exempt online poker from UIGEA.
Democrat Barney Frank has been one of the most
important proponents of online poker in Congress. He has introduced the
Internet Gambling Regulation, Consumer Protection and Enforcement Act to
regulate the business with an eye
to taxing it. There is some hope from online gaming boosters that the
full implementation of UIGEA today will cause the kind of havoc that
will actually help strengthen support for Frank’s effort.
Perhaps, but this is a
day the online gaming industry has desperately tried to avoid and defer.
I think us Americans again lose out we are done from this market. Don't you just love when are gov't can tell us what and what we can not do with our owned hard earned dollar.
YOu left the worst part Are hard earned HEAVILY OVERTAXED MONEY
I think us Americans again lose out we are done from this market. Don't you just love when are gov't can tell us what and what we can not do with our owned hard earned dollar.
YOu left the worst part Are hard earned HEAVILY OVERTAXED MONEY
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