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Online Casinos Can't Escape

The U.S. Department of Justice has taken a much anticipated move by seizing the assets of the Bodog Entertainment internet poker gambling group. Bodog is one of the few online casinos still willing to process transactions in the United States between the company and the founder and former CEO of the company has openly denied and mocked the U.S. government in his communications over the past several years. Bodog currently operates online casino and poker gambling services for the U.S. market despite the fact that the U.S. Department of Justice has really begun to strongly enforce the UIGEA and the internet gambling ban that came into effect in late 2006.

Ayre gained attention for Bodog over the years because of his very outspoken attitude about the online casino gambling industry as well as his blatant disregard for the U.S. ban on offshore and foreign internet gambling companies. But apparently even the Canadian-based Bodog cannot outrun the U.S. officials, or so it seems at this point. According to the Baltimore media, the government officials were granted their asset seizure request and have already seized roughly $24 million in alleged Bodog funds from bank accounts at several prominent U.S. banks.

The banks will likely come under no scrutiny as a result of the search since the enforcement regulations for the UIGEA have not yet been finalized and released. Also of interest though to those in the online casino gambling industry is the fact that the payment processing companies that have allegedly aided Bodog in processing the illegal gambling transactions will also face a serious investigation by the U.S. government.