SyndicationConsequences gambling law in the U.S.
The U.S. Senate adopted the "Unlawful Internet Gambling Enforcement Act" ( "Act on the prohibition of illegal gambling on the Internet" ). And senators have used a rather dirty reception - the law was "belt" to the law on the protection of ports (sea, of course, not the computer), and as a consequence, passed with only a couple of votes against. Two weeks after the adoption, on Friday 13 October, the law was signed by G. Bush and entered into force.
What the law says that it prohibits? First, it prohibits the admission rates via the Internet at the U.S. nationals. Secondly, it prohibits banks and other financial institutions to conduct transactions for gambling sites. During the 270 days should be prepared bylaws governing the actions of banks. Under the law are all popular forms of gambling: casinos, poker, bookmakers, bingo. The exception made only for bets on leaps and fenteziyny sports. For violation of the law provides for a fine $ 10,000 or imprisonment up to five years (those who believe that this little note that under the laws of the U.S. penalty on each occasion arises, that is, if the court proves that the casino played 100 Americans, it would be fine $ 1 million or up to 500 years jail). Someone says: "And what these bans gambling sites because they are registered in offshore and within the jurisdiction of the United States do not fall". On the one hand this is so, but on the other - Representatives of gambling sites now can not go to the United States - risked immediately be arrested. And yet there are problems with reception rates and payment of winnings. And yet the largest publicly traded company - they simply can not be violators of laws.
The result turned out so that the companies whose shares posted on any stock exchange, refused to take bets from players from the U.S. - Americans' accounts are closed, they returned the money (by the way, the value of these companies fell by 2-3 times). But the company, which had not arrived exchanges, most of them actually decided to ignore the new law. At the moment the Americans closed the door casinos and poker room with software from Boss Media (Swedish bourse), Cryptologic (NASDAQ), Playtech (London Stock Exchange); Microgaming closed access for residents of 11 states and the RTG generally not imposed any restrictions. It is understandable that all the casinos, banned Americans will be big financial losses. There are already examples of the closure of casinos, became the first robin Race Track Casino (soft Playtech). Other casino reluctant to change software and actively recruit new customers Pleytek just now losing their active - at least one casino has already gone to the RTG, and another 5-10 pieces announced plans to move.
More severe panic arose after the adoption of the law in the poker environment. America supplied the majority of poker players, many of the Americans were "dairy cows" including for domestic players. Care of the Americans promised to seriously obeskrovit poker industry and tighten the competition among players to the decrease in profitability games. I have already described above, several networks, to close access to Americans, moreover U.S. nationals expelled from Party Poker, Pacific Poker, Paradise Poker, Ongeym network, Tribeca, iPoker, IPN, B2B. Fortunately, some quite large poker sites have decided to take advantage of the situation to their own benefit and invited Americans: Poker Stars, Full Tilt Poker, Ultimate Bet, Absolute Poker. So now there was a change of leaders in the poker industry. Now, with a large gap leads Poker Stars, for second place already claimed Full Tilt Poker, although still struggling Party.
Fortunately, the mass exodus of Americans from the online casino and poker room has not yet been observed. Sam law does not prohibit the actual game and not punished. Credit cards in the United States has long been closed to deposits in the casino, now they probably will add checks and bank transfers. But most Americans had long enjoyed a purse, the most popular of which were Neteller, FirePay, Click2Pay - a Canadian and European companies. FirePay almost immediately announced that gemblingovye transaction will be closed for the Americans. Neteller has announced that it would not impose restrictions on Americans, but later added that opinion may change as the emergence of regulations. Click2Pay has no plans to obstruct the Americans. So, if there is willingness and efforts to open small accounts in one of the electronic payment systems, Americans should be able to continue to play that many of them do.
What the law says that it prohibits? First, it prohibits the admission rates via the Internet at the U.S. nationals. Secondly, it prohibits banks and other financial institutions to conduct transactions for gambling sites. During the 270 days should be prepared bylaws governing the actions of banks. Under the law are all popular forms of gambling: casinos, poker, bookmakers, bingo. The exception made only for bets on leaps and fenteziyny sports. For violation of the law provides for a fine $ 10,000 or imprisonment up to five years (those who believe that this little note that under the laws of the U.S. penalty on each occasion arises, that is, if the court proves that the casino played 100 Americans, it would be fine $ 1 million or up to 500 years jail). Someone says: "And what these bans gambling sites because they are registered in offshore and within the jurisdiction of the United States do not fall". On the one hand this is so, but on the other - Representatives of gambling sites now can not go to the United States - risked immediately be arrested. And yet there are problems with reception rates and payment of winnings. And yet the largest publicly traded company - they simply can not be violators of laws.
The result turned out so that the companies whose shares posted on any stock exchange, refused to take bets from players from the U.S. - Americans' accounts are closed, they returned the money (by the way, the value of these companies fell by 2-3 times). But the company, which had not arrived exchanges, most of them actually decided to ignore the new law. At the moment the Americans closed the door casinos and poker room with software from Boss Media (Swedish bourse), Cryptologic (NASDAQ), Playtech (London Stock Exchange); Microgaming closed access for residents of 11 states and the RTG generally not imposed any restrictions. It is understandable that all the casinos, banned Americans will be big financial losses. There are already examples of the closure of casinos, became the first robin Race Track Casino (soft Playtech). Other casino reluctant to change software and actively recruit new customers Pleytek just now losing their active - at least one casino has already gone to the RTG, and another 5-10 pieces announced plans to move.
More severe panic arose after the adoption of the law in the poker environment. America supplied the majority of poker players, many of the Americans were "dairy cows" including for domestic players. Care of the Americans promised to seriously obeskrovit poker industry and tighten the competition among players to the decrease in profitability games. I have already described above, several networks, to close access to Americans, moreover U.S. nationals expelled from Party Poker, Pacific Poker, Paradise Poker, Ongeym network, Tribeca, iPoker, IPN, B2B. Fortunately, some quite large poker sites have decided to take advantage of the situation to their own benefit and invited Americans: Poker Stars, Full Tilt Poker, Ultimate Bet, Absolute Poker. So now there was a change of leaders in the poker industry. Now, with a large gap leads Poker Stars, for second place already claimed Full Tilt Poker, although still struggling Party.
Fortunately, the mass exodus of Americans from the online casino and poker room has not yet been observed. Sam law does not prohibit the actual game and not punished. Credit cards in the United States has long been closed to deposits in the casino, now they probably will add checks and bank transfers. But most Americans had long enjoyed a purse, the most popular of which were Neteller, FirePay, Click2Pay - a Canadian and European companies. FirePay almost immediately announced that gemblingovye transaction will be closed for the Americans. Neteller has announced that it would not impose restrictions on Americans, but later added that opinion may change as the emergence of regulations. Click2Pay has no plans to obstruct the Americans. So, if there is willingness and efforts to open small accounts in one of the electronic payment systems, Americans should be able to continue to play that many of them do.
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