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How Do the Decide?

The United States is approaching a year and a half now with an online casinos gambling ban firmly in place, but no restrictions to really give the ban the weight it needs to actually be fully effective. The U.S. government has now long since passed the window of time stipulated in the Unlawful Internet Gambling Enforcement Act in which the government was supposed to release the restrictions. But that does not seem to phase those politicians that stand in opposition to the online casinos gambling industry. Those in opposition seem content to just let the situation ride as it currently stands – most of the internet gambling industry is gone, save a handful of poker gambling sites that still operate for U.S. gamblers.

The key point through all of the debate surrounding the online casinos gambling ban is that the fact that the onus of the decision to ban internet gambling transactions falls squarely on the banking and financial industry. The proposed restrictions that were released this past October do not take into consideration that burden and the fact that the UIGEA and the proposed restrictions will put on the banks. Many have now had a chance to speak out against the restrictions, remarking that they are inadequate and ambiguous and will do nothing to really block online casino and gambling transactions.

But while all of these debates concerning the online casinos ban’s restrictions wage on between the politicians, the government, and the lobbying group, how are the financial institutions upholding the ban? The fact is, for the most part they aren’t. Without a set of detailed and outlined restrictions in place, the banks and financial institutions have no foundation from which they can discriminate against transactions.

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