Upon the passing of the Unlawful Internet Gambling Enforcement Act, the use of online gambling was first prohibited in the true sense. The number of online gamblers on the internet was reduced radically ever since its enforcement in 2007. This maybe because online gamblers feared that they also might get arrested or their favorite gambling site will get shut down.
Repeated efforts to put these fears to rest have been quite useless. As if it was not enough that some online gambling sites have already offered the martingale roullete system. However, most of the time these fears have no basis since people aren’t really familiar with the provisions of the UIGEA. More information about the UIGEA is really needed.
To put it simply, the UIGEA gives online gambling sites and players a hard time in going about their business.Looking at it through two measures can give a clearer image. First, making it necessary for sites to apply for gambling licenses from the Financial Crimes Enforcement who only grants these after assessing the site thoroughly and second, reclassifying poker, roulette, chess and similar games so that it won’t be covered under the UIGEA.
The certain repercussion of UIGEA to US players is security in gambling. It will be less easy for online gambling sites to run away from players in the end because it will be easier for the authorities to track them down. The UIGEA has had adverse effects however. Actually, it hasn’t been enforced properly The problem with the enforcement of the UIGEA has only caused a series of failures in the online gambling world.
How Things Are Now
Because of the problematic enforcement of the UIGEA, more problems have arisen. Most of it have to do with the gambling sites’ shareholders.For US-based shareholders and investors, it has been more favorable to pull out of online gambling because of the problems and issues with the legalities.In turn, scores of online gambling sites have had to stop operating. Because these online gambling sites ceased operations, people were led to believe in the validity of the UIGEA. In reality, the online gambling sites would still be operational if this Act did not exist. It only became a catalyst for a number of disputes and cut ties instead of making the general gambling world more safe.
But the lack of efficiency in the UIGEA’s enforcement has another significant consequence.Most states are confused now whether they should legalize online gambling for their citizens or not. If you look at it closely, the UIGEA does not actually keep players in the US from gambling online. But some states interpreted otherwise. These states are currently prohibiting US players from enjoying online gambling.On the same level, there are states that still allow US players to play online gambling.There is an obvious division in the interpretation of these states. Unless the UIGEA is enforced in the proper way, this dispute in the legalities will exist.