Internet Gambling Act delayed

It was announced today in the news that the (as of now mandatory) compliance with UIGEA act had been delayed at least until June of 2010. The Unlawful Internet Gambling Enforcement Act that first appeared in 2006 (thank you George W.) as an attachment to another act, known as the Safe Port Act and voted on the night before the midterm elections. It prohibits payment methods and funding of gambling related websites, any form of illegal betting, internet gambling and more. The statement released on Wednesday by the Treasury and Federal Reserve extends the compliance date by six months, from December 1 2009 to June 1 2010. There was also a section in the document dedicated to the confusion the term “unlawful internet gambling” has created since it’s not really defined in the initial act. The initial request of the entities was for a 12 month extension, but this was not justified according to the government agencies. We are all hoping here for a working and good law that successfully regulates internet gambling in the US (most other countries are already there), as well as the option for legal online poker play for every state.

Tagged as: betting, gambling, internet gambling, online poker