UIGEA status update?

#1 21st November 2009, 9:38 PM

Has anyone heard anything about the current status of the UIGEA (Unlawful Internet Gambling Enforcement Act)?

The last thing I read is Barney Frank was proposing that the deadline of the bill's enactment be changed from December 1, 2009 to December 1, 2010. As far as I know right now, no such change has been made.

I was wondering whether those of us who are US players should scramble to make deposits in the next 10 days just to be safe.

#2 21st November 2009, 10:48 PM

Not sure, but I do know that starting Dec. 1, many banks will not be accepting checks from foreign gambling sites. I read in this month's copy of WPT Magazine that Utah and California have both issued statements to account holders known to have deposited funds from such sites that they will be cracking down.

#3 21st November 2009, 11:00 PM

While its still possible that something gets passed this year, I won't hold my breath. Hopefully 2010 will finally have something to show for it. In the meantime I am waiting for Pennsylvania to start up table games so I can put money into our state revenue can. Too bad the feds don't want any money... Kinda stupid if you ask me...

#4 21st November 2009, 11:19 PM

Quote:

Originally Posted by LarkMarlow

I was wondering whether those of us who are US players should scramble to make deposits in the next 10 days just to be safe.

Don't you mean scramble to make withdrawals? I don't want even more of my money tied up online when Dec. 1 rolls around.

#5 22nd November 2009, 2:42 AM

I thought checks were issued from accounts that didn't directly denote online gaming sites. Am I wrong in assuming that?

#6 22nd November 2009, 5:47 PM

Quote:

Originally Posted by LarkMarlow

Has anyone heard anything about the current status of the UIGEA (Unlawful Internet Gambling Enforcement Act)?

The last thing I read is Barney Frank was proposing that the deadline of the bill's enactment be changed from December 1, 2009 to December 1, 2010. As far as I know right now, no such change has been made.

I was wondering whether those of us who are US players should scramble to make deposits in the next 10 days just to be safe.

Wrong! Withdrawls are actually protected under UIGEA. Plus, the checks are from 3rd party poker processors and aren't labeled as gambling checks. The banks honestly have no way to know what's a gambling transaction and what isn't. UIGEA was made to stop payments to the gaming sites, not from.

December 1 is an arbitrary day where absolutely nothing will happen (like Y2K). The regulations are already in effect now and have been since january, yet obviously they don't stop anything. December 1 is only important because the now Fed can fine banks for breaking the rules after that day. However, the Fed is neither monitoring nor auditing banks on their implementations as far as I know.

#7 23rd November 2009, 7:17 AM

I have no plans of depositing any money unless it's for some special promo the site is having.... My plans are to withdraw !!!
C-Ya'll

#8 23rd November 2009, 7:32 AM

Quote:

Originally Posted by JLtrooper

Not sure, but I do know that starting Dec. 1, many banks will not be accepting checks from foreign gambling sites. I read in this month's copy of WPT Magazine that Utah and California have both issued statements to account holders known to have deposited funds from such sites that they will be cracking down.

I'm in California and I haven't seen any kind of warning yet so maybe it's just certian banks.

#9 23rd November 2009, 5:58 PM

Hope you could deposit at poker platforms to play with you.

I love US players are pretty good.

#10 23rd November 2009, 11:44 PM

theyre too busy with the health care fraud, ahem 'reform', act now...we have to wait until better days...

#11 24th November 2009, 9:17 AM

#12 24th November 2009, 9:19 AM

Quote:

Originally Posted by DealtToHero

Wrong! Withdrawls are actually protected under UIGEA. Plus, the checks are from 3rd party poker processors and aren't labeled as gambling checks. The banks honestly have no way to know what's a gambling transaction and what isn't. UIGEA was made to stop payments to the gaming sites, not from.

December 1 is an arbitrary day where absolutely nothing will happen (like Y2K). The regulations are already in effect now and have been since january, yet obviously they don't stop anything. December 1 is only important because the now Fed can fine banks for breaking the rules after that day. However, the Fed is neither monitoring nor auditing banks on their implementations as far as I know.

Last edited by dakota-xx : 22nd November 2009 at 12:01 PM. Reason: removed self promotion

Should be completely deleted as the OP has no idea what he is talking about

#13 24th November 2009, 11:39 AM

I agree , the news as of today (posted earlier) is that the fed is considering pushing a year to get the clear defintions of online gambling.

#14 24th November 2009, 5:37 PM

Quote:

Originally Posted by WEC

Should be completely deleted as the OP has no idea what he is talking about

That would be me and I'm a she . I was actually paraphrasing something I'd read in Poker Player Newspaper. And yes, clearly I was clueless but, thanks to the responses to my original post, I'm now gaining a fuller understanding of and more clarity about the issue and for that I am very grateful.

#15 24th November 2009, 6:02 PM

Is this just for US players or international aswell? Also, are sites like FT,PS,UB,etc. illegal?

#16 25th November 2009, 3:40 AM

Quote:

Originally Posted by LarkMarlow

That would be me and I'm a she . I was actually paraphrasing something I'd read in Poker Player Newspaper. And yes, clearly I was clueless but, thanks to the responses to my original post, I'm now gaining a fuller understanding of and more clarity about the issue and for that I am very grateful.

I read WEC's comment as referring to DealtoHero's post (it had been edited by a moderator) -- good thread LarkMarlow, I was wondering what the stat was as well.

#17 25th November 2009, 4:31 PM

So I have been away for the past few months, Should it be okay to continue online as usual? Most checks from FT and PS are from foreign banks so how would local banks be aware anyways

#18 25th November 2009, 4:50 PM

Quote:

Originally Posted by JLtrooper

I read in this month's copy of WPT Magazine that Utah and California have both issued statements to account holders known to have deposited funds from such sites that they will be cracking down.

Crack down how? This is about banks and not account holders. There is nothing in the law agianst having a check from a gambling site or trying to cash one. It's the banks problem not the account holder.

#19 25th November 2009, 4:52 PM

Quote:

Originally Posted by LarkMarlow

That would be me and I'm a she . I was actually paraphrasing something I'd read in Poker Player Newspaper. And yes, clearly I was clueless but, thanks to the responses to my original post, I'm now gaining a fuller understanding of and more clarity about the issue and for that I am very grateful.

Quote:

Originally Posted by bazerk

I read WEC's comment as referring to DealtoHero's post (it had been edited by a moderator) -- good thread LarkMarlow, I was wondering what the stat was as well.

Yea - he was definitely not talking about you.

#20 25th November 2009, 5:05 PM

Quote:

Originally Posted by Syracuseeee

So I have been away for the past few months, Should it be okay to continue online as usual?

While of course that is up to each individual, I personally am going to keep playing as usual. I remember when the law was first passed there was a bit of an exodus but the majority of US players stayed. To this day when I play live some people invariably express shock that I'm still playing online "But that's illegal", they say. I tell them I refuse to comply with a law that I feel is unjust and I won't be scared away.

Quote:

Most checks from FT and PS are from foreign banks so how would local banks be aware anyways

I've wondered the same thing myself. Perhaps someone can clarify this for us.

#21 25th November 2009, 5:10 PM

Thanks for the responses I appreciate it

#22 25th November 2009, 8:12 PM

Well just found out that Mastercard and Visa are not allowing debit card use anymore for any Gaming related websites so guess my only option now is Western Union

#23 25th November 2009, 8:30 PM

What are u talkin about!I used my visa card this morning...this better not be true!

#24 25th November 2009, 10:05 PM

Depends on the institution, I think. My Bank of America Visa works just fine too...others don't. Also, I've used echecks on Stars ever since the Netteller debacle and that works great too.

I have heard that there is some stuff going on with NY banks in particular...maybe that's why Syracusee is running into trouble.

#25 29th November 2009, 10:37 PM

Delayed until June 1, 2010

http://www.usaplayers.com/news/2009/...ite-12085.html

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