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Saturday, 22 July 2017
Home / Casino Industry News and Updates / 2006 UIGEA Law Now Harming Legal US Gaming In 2013

The Unlawful Internet Gambling Enforcement Act was put in place in 2006, with the most prevalent part of the law placing an emphasis on financial institutions blocking transactions to and from online gaming sites. Seven years after the ill-advised law was created, it is now causing problems among states with regulated Internet gambling.

Nevada, Delaware, and New Jersey have all spent the past several years creating laws regulating online casinos. Over the past few months, Nevada has launched their first online sites, with New Jersey set to do so on November 26th. Operators of these sites, however, are finding that financial institutions have not yet adapted to the legalized form of gaming.

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