Online Gambling continues in US – but will it last?

The UIGEA law prohibiting US financial institutions from processing payments to online gambling sites hasn’t stopped residents of the US from visiting betting sites, since the law was signed by congress, according to cyber security vendor Scansafe Ltd, a web-blocking service to large businesses, who examine 6 billion Web requests a month.

They claim that attempted visits to online gambling websites by US customers were up 77 percent in the week between 23rd to 31st January.

The US government has until mid-July to develop the processing regulations for financial institutions, in relation to the UIGEA law. However, some online gambling sites have begun telling US customers that financial institutions are already distancing themselves, and are advising customers that they should cash out.

It is thought that the remaining companies that do still process cash outs from online gaming companies to their players in the US, will in the near future stop facilitating these transactions.

Leave a Reply

You must be logged in to post a comment.

This Domain is for sale. Please contact us for more information.

Top Poker Sites

bet365 Poker

bet365 Poker
bet365 is one of the world’s largest online gambling groups with over 3 million customers worldwide....

Play Now

Poker Plex 24

Poker Plex 24
As part of the award winning iPoker network, PokerPlex24 is able to provide over $16 million in guaranteed tournaments every month...

Play Now

888 Poker

888 Poker
All new players get $8 FREE - No deposit necessary! ...

Play Now

Titan Poker

Titan Poker
Titan Poker is a top poker room in the iPoker network, and has a great international feel...

Play Now

Cool Hand Poker

Cool Hand Poker
Cool Hand Poker is the site to visit if you want to play a relaxed and enjoyable game of poker...

Play Now

Full Tilt Poker

Full Tilt Poker
Full Tilt Poker is still open to US players and one of the few authentic poker rooms out there...

Play Now

Party Poker

Party Poker
Party Poker opened in 2001 and is credited by many as playing a large role in the creation of the online poker boom...

Play Now