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US delays crackdown on Internet gambling

Online GamblingOnline Gambling: US delays crackdown on Internet gambling
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The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling.

In a joint statement, the Treasury Department and Federal Reserve said US financial institutions were being given until June 1, 2010 to be in compliance with the Unlawful Internet Gambling Enforcement Act.

The act, which would ban US banks, credit card and financial companies from handling unlawful Internet gambling bets, had been scheduled to take effect on December 1.

Passed by the then-Republican controlled US Congress in 2006, the act has been the target of criticism from financial institutions and others that it would be an enforcement nightmare.

It prohibits financial institutions from knowingly accepting payments for online gambling made through credit cards, electronic funds transfers, and checks.

It was aimed at putting teeth into a de facto ban on US residents placing online wagers in locations such as Britain, Canada, Antigua and Gibraltar.

The US ban on Internet gambling has been challenged as an unfair trade restriction at the World Trade Organization and a US congressman is seeking to overturn the 2006 act with legislation that would allow online gambling.

Thanks to emilyg for the tip.

AFP

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18 comments. Last comment 5 years ago by LckyLary.
Page 1 of 2
Avatar
Atlanta, GA
United States
Member #1265
March 13, 2003
3326 Posts
Offline
Posted: November 28, 2009, 9:51 am - IP Logged

Hope they move on it quickly for those who want to play online.  Sooner the better for Lottomike. Big Grin

Good luck to everyone!

    Avatar
    New Member
    Harbour Island
    Bahamas
    Member #83056
    November 28, 2009
    1 Posts
    Offline
    Posted: November 28, 2009, 10:56 am - IP Logged

    The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling.

    In a joint statement, the Treasury Department and Federal Reserve said US financial institutions were being given until June 1, 2010 to be in compliance with the Unlawful Internet Gambling Enforcement Act.

    The act, which would ban US banks, credit card and financial companies from handling unlawful Internet gambling bets, had been scheduled to take effect on December 1.

    Passed by the then-Republican controlled US Congress in 2006, the act has been the target of criticism from financial institutions and others that it would be an enforcement nightmare.

    It prohibits financial institutions from knowingly accepting payments for online gambling made through credit cards, electronic funds transfers, and checks.

    It was aimed at putting teeth into a de facto ban on US residents placing online wagers in locations such as Britain, Canada, Antigua and Gibraltar.

    The US ban on Internet gambling has been challenged as an unfair trade restriction at the World Trade Organization and a US congressman is seeking to overturn the 2006 act with legislation that would allow online gambling.

    Thanks to emilyg for the tip.

    I think I am going to play 210 and 303 today. If you wanna win just play the same numbers.

      Avatar
      California
      United States
      Member #80929
      October 7, 2009
      93 Posts
      Offline
      Posted: November 28, 2009, 11:06 am - IP Logged

      I know quite a bit about programming and computers.  I have been using computers for 30 years.  It is very easy for online "casinos" to cheat their players.  All they have to do is rig the gaming programs to let the casino or their own players win.  Anyone who plays online has no clue just how easy it is to get ripped off.  It is impossible to police online gaming because the "casino" server can be located anywhere in the world.  It is impossible to ensure the game is honest because none of the outside players can inspect the programming code.  Even if you could inspect the programming code, and there are thousands of lines, the casino owners could simply reload rigged code afterwards.

      I agree that online gaming must be banned.  It is just too easy to get ripped off.  If you want to gamble, either play the lotto or go in person to a casino.

        wpb's avatar - DiscoBallGlowing
        Charlotte North Carolina
        United States
        Member #464
        July 9, 2002
        16867 Posts
        Offline
        Posted: November 28, 2009, 11:09 am - IP Logged

        This just angers me!  The Congress can't seem to figure out how to tax internet gaming, so they ban it.  It does not matter if the citizen want to gamble online or not.  It should be our option!  I have in the past played pick 3 and pick 4 over the internet but no longer do so but it really makes me angry that we don't have the options.  I think I will send a note to my congressman.  Thank for posting this Todd.

        wpb

          wpb's avatar - DiscoBallGlowing
          Charlotte North Carolina
          United States
          Member #464
          July 9, 2002
          16867 Posts
          Offline
          Posted: November 28, 2009, 11:10 am - IP Logged

          I know quite a bit about programming and computers.  I have been using computers for 30 years.  It is very easy for online "casinos" to cheat their players.  All they have to do is rig the gaming programs to let the casino or their own players win.  Anyone who plays online has no clue just how easy it is to get ripped off.  It is impossible to police online gaming because the "casino" server can be located anywhere in the world.  It is impossible to ensure the game is honest because none of the outside players can inspect the programming code.  Even if you could inspect the programming code, and there are thousands of lines, the casino owners could simply reload rigged code afterwards.

          I agree that online gaming must be banned.  It is just too easy to get ripped off.  If you want to gamble, either play the lotto or go in person to a casino.

          I really think it should be a personal decision.

          wpb

            joker831's avatar - Trek COMBADG3.gif
            Tucson, Arizona
            United States
            Member #63404
            July 27, 2008
            102 Posts
            Offline
            Posted: November 28, 2009, 11:47 am - IP Logged

            If people want to gamble online...... let them.  Maybe when they lose enough money they will realize that the software that is written for online casinos is DESIGNED to take their money.  You would get a more fair game at a brick and mortar joint.

            The possibilites are endless.... might as well start at the begining

              Set4life's avatar - 2554
              East Hampton, NY
              United States
              Member #41995
              June 25, 2006
              1134 Posts
              Offline
              Posted: November 28, 2009, 12:32 pm - IP Logged

              what a bunch of horse<snip>, govt trying to control car industry,health,now gaming, whats next lol.

              This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

                   $Group Hug$

                   FOR THE WIN!

                Tenaj's avatar - michellea
                Charlotte NC
                United States
                Member #17406
                June 18, 2005
                4036 Posts
                Offline
                Posted: November 28, 2009, 1:19 pm - IP Logged

                It's still not clear whether Pick 3 and Pick 4 will be available to play online when the law is passed.  By the way, I never stopped playing pick 3 or 4 online.  Always get paid and always did before.  So this doesn't phase me one way or another.  Except they will be stepping their feet on my money.

                takeemtothebank

                  lotterybraker's avatar - pyramid
                  mississippi
                  United States
                  Member #34478
                  March 3, 2006
                  5417 Posts
                  Offline
                  Posted: November 28, 2009, 1:30 pm - IP Logged

                  I think they are delaying the crackdown because the law is about to be overturned..next month when they vote on it, it is going to pass...to many people want to gamble..and there are to many places that like to have gambling online to make money..as soon as they pass that law I am opening my account at Betslips again!!!!

                  "Attention all Mathematicians: Check your degree at the door because when it comes to whole numbers you are the Amateur"

                    emilyg's avatar - cat anm.gif
                    Miss Kitty

                    United States
                    Member #14
                    November 9, 2001
                    27834 Posts
                    Offline
                    Posted: November 28, 2009, 1:35 pm - IP Logged

                    I know quite a bit about programming and computers.  I have been using computers for 30 years.  It is very easy for online "casinos" to cheat their players.  All they have to do is rig the gaming programs to let the casino or their own players win.  Anyone who plays online has no clue just how easy it is to get ripped off.  It is impossible to police online gaming because the "casino" server can be located anywhere in the world.  It is impossible to ensure the game is honest because none of the outside players can inspect the programming code.  Even if you could inspect the programming code, and there are thousands of lines, the casino owners could simply reload rigged code afterwards.

                    I agree that online gaming must be banned.  It is just too easy to get ripped off.  If you want to gamble, either play the lotto or go in person to a casino.

                    It should be a personal decision.

                    love to nibble those micey feet.

                     

                                                 

                      sweetpea1971's avatar - Lottery-006.jpg
                      New Member

                      United States
                      Member #83049
                      November 28, 2009
                      2 Posts
                      Offline
                      Posted: November 28, 2009, 1:54 pm - IP Logged

                      just found this site from my relative. new to this. did not know of law or that you could gamble online. cool

                        ThatScaryChick's avatar - AbnSTiA

                        United States
                        Member #56506
                        November 21, 2007
                        4640 Posts
                        Offline
                        Posted: November 28, 2009, 2:44 pm - IP Logged

                        I think they are delaying the crackdown because the law is about to be overturned..next month when they vote on it, it is going to pass...to many people want to gamble..and there are to many places that like to have gambling online to make money..as soon as they pass that law I am opening my account at Betslips again!!!!

                        So am I! I have no desire to bet on casino games online, I just want to have access bet on Pick 3 and Pick 4 games.

                        "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

                          diamondpalace's avatar - Untitled 2.jpg
                          Dallas, TX
                          United States
                          Member #60284
                          April 12, 2008
                          3855 Posts
                          Offline
                          Posted: November 29, 2009, 7:43 am - IP Logged

                          I like $0.25 per combo bet for pick 3/4. It's nice, giving us more run for our money. They will allow it, it just takes a bit of time...

                            moon333's avatar - moon
                            PA
                            United States
                            Member #82937
                            November 25, 2009
                            365 Posts
                            Offline
                            Posted: November 29, 2009, 9:18 am - IP Logged

                            It is save for online gambling..?? they  are asking  my driver licence and my credit card