The use of online gambling was first prohibited when the UIGEA, or the Unlawful Internet Gambling Enforcement Act was passed. The number of online gamblers on the internet was reduced radically ever since its enforcement in 2007. Online gamblers might have been afraid that either the site they are in will get shut down or they themselves will get caught.
There have been many attempts to put these fears to rest over the years to no avail. As if it was not enough that some online gambling sites have already offered the martingale roullete system. These fears, however, are usually unfounded and unguided as most people do not even know what the provisions of the UIGEA are. 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.A clearer picture can be obtained by looking at the two methods. One, the necessitation of gambling licenses under the Financial Crimes Enforcement Network, which will thoroughly assess the qualification of a gambling site to operate under legal measures; and second, the reclassification of certain games – poker, roulette, chess, and others – so that they will not be under the scope of the UIGEA.
US players can enjoy more security because of the UIGEA. Ultimately, it will be less difficult to track down online gambling sites, so it will be more difficult for them to run away. The UIGEA has had adverse effects however. Actually, it hasn’t been enforced properly The UIGEA’s lack in enforcement has only caused a number of problems in the world of online gambling.
Status of the UIGEA
Even more problems have sprung from the lackadaisical enforcement of the UIGEA. Most of it have to do with the gambling sites’ shareholders.A number of shareholders and investors, especially those based in the US have pulled out of online gambling because of problems and disputes with the legalities.A number of online gambling sites have in turn been forced to shut down their operations. The validity of the UIGEA became believable to a lot of people after seeing a number of online gambling sites cease operations. As a matter of fact, the operation of these online gambling sites would still be ongoing if not for this Act’s presence. It in fact, became a root cause of a lot of disputes and severed ties instead of giving more security to the world of online gambling.
But this is not the only clear consequence of the UIGEA’s problematic enforcement.Most states are confused now whether they should legalize online gambling for their citizens or not. In the strictest sense, the UIGEA does not hinder US players from online gambling. Interpretation by some states became misconstrued however. Such states are now making it illegal for US players to gamble online.On the same level, there are states that still allow US players to play online gambling.Obviously, the stands of these states are divided. Until the UIGEA has been properly enforced, this divide will continue.