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2012年9月29日 星期六

American Gamblers Against the Unlawful Internet Gambling Enforcement Act


If you are an American who likes gambling, then you are in trouble with the UIGEA or the Unlawful Internet Gambling Enforcement Act. It stirred the gambling community with drastic changes. Gambling online became difficult because of this law. US players find it tough to look for an online gambling website that offers amazing features.

This is the quandary that online players from United States experience. Although many sites still allow Americans, there are also many gaming sites that prohibit them from entering. Hence, it is much of a trouble for players to look for websites that allow them to play.

The Happening

Many online gaming venues are reluctant to accept players from United States basically due to the imposed bill, the UIGEA. This bill declares an online gambling ban in the United States, and Americans are not allowed to play gambling. What remains unclear is why none of the millions of the gambling supporters ever made a move to challenge the bill during its ratification, so here comes the end result of their seeming negligence. UIGEA has been passed and here it is in its awesome enforcement.

UIGEA means the death of the gambling industry in the United States, as online casinos succumbed to the loss of their shareholders, which bring fuel investments for their existence. But the massive enforcement of UIGEA has not yet occurred and a number of states still continue to allow online gambling. This spurred confusion among people as to whether or not the bill is going to be fully implemented.

But since UIGEA impends to shut down online casinos, directly or indirectly, more casinos lose shareholders, and it caused a runaway loss of investment. It's grim state for online casinos this time.

Unveiling the Issue

The main issue is whether or not gambling shall be banned in the US. With the confusion spreading across the nation, people are left perplexed. Some online gambling sites continue to operate and accept players, while others have shut down. At the moment, fourteen states have banned online gambling, but many online casino investors and shareholders have withdrawn support for online casinos, bringing the gambling industry to a critical standstill.

Many think that UIGEA has changed the gambling scene in the past 3 years. It didn't just stir the gambling industry in the US but also caused a worldwide stir.

Implications

Before the UIGEA, the US gambling market has attracted many online casinos to serve the American enthusiasts. But since the passing of the bill, the number of sites that catered to the American gambling populace has decreased dramatically. It's tough, indeed, to find online casinos or online poker sites that serve players from the US. Thus, UIGEA has instilled a lot of mess. It instigated disquiet both to players and casinos and this caused more trouble than the law's actual implementation.

UIGEA has also imposed that online casinos should have more stringent regulations regarding registration of players. This made quite impossible for minors to play games of chance.

No one can easily register using a fake account, too, because fake accounts are monitored from time to time. Hence, clients cannot have a bogus account on online casinos.




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2012年8月31日 星期五

UIGEA - The Battle Against Gambling


In 2006, the US enforced the Unlawful Internet Gambling Enforcement Act with the intention of putting an end to online gambling. As a result, many online gambling sites stopped operating and abruptly closed their business to avoid facing severe action from the concerned authorities. However, the inept handling of this law has resulted in chaos. Several states and players are not even aware of this law, and the implications of not obeying it. Those who are well-informed of the law stopped patronizing online gambling, lest they should face prosecution. At the same time, many operators continue with their business without facing any issues right from January 19, 2009 when this law was enacted into legislation.

UIGEA, abbreviated form of Unlawful Internet Gambling Enforcement Act, is not being effective for the intended purpose, because of the confusion associated with it. There were two components of this law. One was to have a legal framework for operators of gambling sites, involving consideration of many different factors for granting them gambling licenses. The Financial Crimes Enforcement Network was responsible for administering this part, while the other part involved categorizing of different games, and specifying the ones that would fall under the scope of the UIGEA.

It is not difficult to see how this law, intended to look after online gambling, went wrong. Because of its disorganized management, it led to a number of issues concerning online gambling business that seemed to have an uncertain future all at once. Because of this law, investors responsible for providing financial assistance to gambling sites started withdrawing their funds suddenly, for fear of going bankrupt. This caused many gambling sites to pull the shutters down on their businesses as they could hardly afford to bear the operational expenses. An increasing number of sites closing down painted a very depressing account of the future of the online gambling industry.

Additionally, more confusion emanated from the implementation of law in a handful of states only. It created a lot of confusion for the affiliates, as many failed to interpret its precise meaning. Many states were unsure if the legislation's intention was to ban Americans from online gambling or joining of gambling sites. In fact, the idea of having formulated law was to have an arrangement covering the entire industry for its streamlining and effective administration.

Players, on their part, stopped playing online games, being uncertain of the consequences. This further affected the business of online gambling. Introduction of mass education campaigns did not really serve their purpose of educating the masses; their impact was not to expectations because of the ambiguity in the law itself. Today, one feels that the UIGEA was just a pretense on the part of the government to put off online gambling by American citizens. It is difficult to understand why the US government decided to ignore the revenue that it could have generated through online gaming. Online gaming sites would have generated a huge tax. Had care been taken to create awareness before enactment of the law, it would have benefited all concerned, the players, industry and the government.

Subsequent launching of an awareness campaign could not really help removing apprehensions of gambling online at different sites. In the present scenario public confidence needs to be restored back enabling people to come back to play their preferred games, failing which, people will continue to hold UIGEA responsible for having ruined the prospects of online gambling.




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