New Notice

[daddybo]

I opened a Bank statement today to find this notice printed in all caps athe top...

FED REGULATION RESTRICTS CERTAIN TRANSACTIONS FROM THIS ACCOUNT INCLUDING CREDIT, EFTS, CHECKS OR DRAFTS THAT ARE KNOWINGLY ACCEPTED BY BUSINESSS CONNECTED WITH PARTICIPANTS IN UNLAWFUL INTERNET GAMBLING.

Does this signal a crackdown? Is it a generic warning? Anyone ever seen it before?

-db

 

[Pro21]

This is all part of the UIGAE. The deadlines for banks to comply was supposed to be this December, but the Obama administration has given the banks a 6 month extension to comply. They think this law will be repealed.

 

[daddybo]

This is all part of the UIGAE. The deadlines for banks to comply was supposed to be this December, but the Obama administration has given the banks a 6 month extension to comply. They think this law will be repealed.

Yep, I researched it after the post.. and that's pretty much what I found. thnx

 

[StandardDeviant]

I Fought the Law and the Law Won

Yep, I researched it after the post.. and that's pretty much what I found. thnx

You also need to research the laws in your state. The UIGEA proposes to regulate institutions that transfer money. It doesn't impact individuals (directly). However the laws of your state may prohibit gambling. You can learn more here:

http://www.gambling-law-us.com/State-Law-Summary/

 

[daddybo]

You also need to research the laws in your state. The UIGEA proposes to regulate institutions that transfer money. It doesn't impact individuals (directly). However the laws of your state may prohibit gambling. You can learn more here:

http://www.gambling-law-us.com/State-Law-Summary/

Great Link! Surprisingly there are no laws in my state prohibiting Internet gambling. (My state is usually against everything fun.:laugh

Thanks,

-db

 

[StandardDeviant]

Great Link! Surprisingly there are no laws in my state prohibiting Internet gambling. (My state is usually against everything fun.:laugh

My state doesn't prohibit Internet gambing, it prohibits all gambling, including, specifically, "casino poker," which I assume includes Internet poker