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UIGEA status update?
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[QUOTE="WEC, post: 1344057, member: 31731"] Couple Good News Items to report on this (besides the fact it appears from what I read in the media not a lot will change): 1) Six Kentucky Congressmen (Democrats and Republicans) Support Pushing UIGEA Deadline Back One Year today, after they became mad that MasterCard blocked the code used for Horse Racing in preparation for UIGEA even though Horse Racing is exempt [URL]http://www.pokernews.com/news/2009/11/six-kentucky-congressmen-support-pushing-back-uigea-deadline-7585.htm[/URL] 2) A recent article titled [URL="http://majorwager.com/index.cfm?page=27&show_column=780"][COLOR=#800080]“U.S. Banks Offer “Due Diligence” as UIGEA Deadline approaches”[/COLOR][/URL], states that for now the extent most banks are willing to go is to send all Account Holders “due diligence” notices with their bank statements similar to this: [I]“As a (fill in the blank) customer, we’d like to inform you that in accordance with the requirements of the Unlawful Gambling Enforcement Act of 2006 and Regulation GG, certain transactions are prohibited from being processed through your account [/I] [I]Prohibited transactions include those in which a person accepts credit, funds, or other proceeds from another person in connection with unlawful internet gambling. If you have any questions or concerns regarding this regulation, please contact us.” [/I] If poker players are lucky, the initial indications are that banks are going to send out these letters to all customers telling them that the UIGEA is now law and please don’t bet online. We can only hope this is the case, and that all the people fighting for online poker in the United States will eventually allow Americans to play poker online in their own homes. [/QUOTE]
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