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Authorities Still on the Prowl

The US online casino gambling situation seems to just progressively deepen and grow less positive for internet gambling companies. The United States Department of Justice started this past summer with the controversial seizure of internet poker gambling related funds from a payment processing company out of California. This situation put a lot of the online casinos and internet gambling related companies on edge because it indicated that the DoJ is back on the prowl and proactively targeting internet gambling companies operating in the US market. A certain level of complacency though had once again settled on the industry in the past several weeks because the DoJ has been focused on the June case.

The complacency though has been for shaken this week as the US DoJ began another warrant and seizure process on three bank accounts that are allegedly linked to the online casino gambling industry in some form or another. Electracash Inc. is one of the companies facing account fund seizures – in fact the DoJ’s target is really the three bank accounts owned by parent company HMD Inc. There is not a lot of information as yet released by any of the parties involved and the DoJ is once again acting under a certain layer of secrecy presumably so that the government can continue to surprise online casino payment processing companies supposedly breaking the law.

The situation is really quite frustrating for the online casinos – where is the happy medium? Some of the state governments have claimed that the internet poker gambling sites can legally operate within a state market and process those transactions, but the US DoJ has indicated that might not be the case in actuality. There is a lot of confusion in the gambling industry right now over just where the legalities lie because of the blatant ambiguities in the UIGEA.

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