December 12th, 2011
By Samantha Williams
It has been touch and go for years for some of the best online casinos in the world; what with the American market looking so exciting to operators, and yet it not really being legal to offer these games. Operators argued that UIGEA contained too many grey areas and this is how they justified continuing to accept US players. Bodog is just such a site, but how they escaped US Department of Justice notice, since this authority closed down PokerStars, FullTilt and other gambling sites in the US; I really don’t?!
These sites were closed for business after their domains were seized by the DoJ on the 15th April. Gambling operators and fans alike, have dubbed this day ‘Black Friday’. So far it does not seem as though the best online casinos were affect, but the best poker sites certainly were and now one of the last men standing is getting out of the game. Bodog Europe is a very well-known online brand, and a modicum of their notoriety is garnered by the fact that they still accept US players. Up until now these real money gamblers have not been considered persona non grata. From the end of 2011 however this will change and no longer will any players from this country be allowed to use their accounts. At least they have been given time to close accounts and withdraw funds, unlike member of Full Tilt, Absolute Poker and Ultimate Bet. Bodog has also taken out a brand new license and been granted this by the UK Gambling Commission, and this is unusual in itself, as most operators choose to license offshore to escape the massive tax implications of running a gambling operation in the UK. But that is another story entirely.
Another implication for US players is – they will have to be extremely careful where they play, if they do. It could give rise to a spate of new charlatans coming online, in an attempt to part hard working Americans from their gambling money. Americans want to be able to gamble online, but the Government can’t see the woods for the trees and believe that they know better what residents should be allowed to partake of in the ‘land of the free’. Aaron Burr once said that freedom of speech in the USA was only as free as the politician they are allowed to repeat?!
Anyway – that all said and done, Bodog is on their way to concentrate completely on the UK and European market and US players are losing one of the last best online casinos – at least until these operations go legal, if this ever takes place.
Post at 11:56 am UTC by Samantha Williams
Posted in Casino Games, Casinos, Gambling, Gambling News, Land Based Casinos, Legal Issues - Online Gambling, Online Casinos, Online Gambling Guide, Poker, Tips, Strategies & Education, Video Poker, World Series of Poker (WSOP) | Comments Off
October 24th, 2011
By Samantha Williams
In 2006, the United States Government passed a law we now call UIGEA. This is the Unlawful Internet Gambling Act, and short of actually making online gambling in this country clearly illegal, it totally confuses matters. The Act is tagged onto an obscure Wire Act – dated 1961? – which is relevant to the transfer of funds over the airwaves or something. It essentially makes things really difficult regarding credit card payments and also e-wallet transactions.
Financial institutions are penalized severely for allowing online gambling transactions to take place. Then a swoop on the four major US online poker sites took place on the 15th April 2011, this was the ultimate death knell for most online gambling in the US. There are very few site who wish to go to the trouble to offer games to US players any longer, and even BODOG has pulled out of the US industry as of the end of this year.
Any US online casinos still left operating are taking a very big chance – who knows when they might not also have their domains seized. It is drastically unfair, against World free trade principles, and completely paradoxical that the United States of America considers itself to be a government whose people are living in “the land of the free”. To all intents and purposes online gambling laws in this country are to protect people from themselves, or to be completely brutal – from their own stupidity. Honestly it is all just about money, and about this government wanting ‘total’ control.
Back in the 1930′s Ayn Rand said “We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force”, and UIGEA is only one example of this type of control.
While the rest of the civilized world has realized online gambling is here to stay, the US Government is being manipulated by money, or should I say – their lack of ability to manipulate this industry’s money. But let me get off my soap box.
Suffice it to say that US online casinos don’t have it good as far as free trade is concerned. Online payment processing companies are struggling to find more loop-holes and the DoJ is closing in on all big operators. Any US player wanting to gamble online is then also now taking a risk. When a mainstream industry is made illegal in this way, there are always bootleggers out there trying to make a fast buck. This means no regulation, and no recourse for any US online gamer who is willing to take even more of a risk. Sadly even online casino listings which promote US sites, are – in good conscience – dropping long-time clients as fast as hot-cakes. Essentially folks, if you gamble online in the US, you are taking a really big chance.
Post at 11:46 am UTC by Samantha Williams
Posted in Casino Games, Casinos, Gambling, Gambling News, Land Based Casinos, Las Vegas, Legal Issues - Online Gambling, Online Casinos, Online Gambling Guide, Tips, Strategies & Education | Comments Off