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Nitty-Gritty of Offshore Ban: 1

Newcomers to the online casino gambling industry may read all of this new related to the US internet gambling policies and the controversial UIGEA. But if you’re new to the industry you might be confused as to what exactly the policy entails and how it effects the global internet gambling industry. The UIGEA has gained attention internationally because it has a very negative affect on offshore online casinos… many of these impacted sites were licensed and operate in the EU – this has meant some strained relations between the two countries. Additionally, the UIGEA came into affect very suddenly and many international sites were forced to withdraw suddenly.

Basically the situation looks like this: Senator Kyl of Arizona was one of the many members of the Senate partaking in the shaping and passage of the Safe Port Act back in 2006. The Safe Port Act was a piece of must pass legislation that absolutely needed to pass through the Senate before the session ended. Just as the Safe Port Act was finding acceptance among the politicians, Senator Kyl and others added an 11th hour addition to the Act – one that many of the voting politicians did not even bother to read.

That addition was the Safe Port Act was the Unlawful Internet Gambling Enforcement Act (UIGEA). The UIGEA passed into law and within days the offshore online casino gambling sites with a base in the US market were forced to immediately shut down their US operations and bail out of the market.