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Online Casino Gambling --- Casino News

It's Here and Staying

The online casino gambling industry was delivered a big wake up call this month by the US courts as a Philadelphia Appeals Court ruled that the UIGEA is constitutional. The UIGEA is a highly controversial piece of legislation that has been in place in the US for about three years now. Over the past three years there has been a lot of debate and outcry over the act, but yet very few changes and only a modicum of progress. Some online casinos and industry supporters have really begun to place their hopes on Barney Franks legislation that is making its way through Congress right now, but in reality, the Appeals Court ruling should really just serve as a big reality check for those in the industry that have been banking on some US changes by the end of the year.

The UIGEA could be in place for several years yet before the international courts and the foreign countries demand a change in the online casino gambling policies. The economic recession has taken the focus off of the US internet gambling industry to an extent. Though the EU has taken up official issue with the UIGEA and the US’s enforcement of this federal policy, there has been little strong action on either side as both the EU and the US attempt to stabilize their economy and address the big picture concerns.

With the ruling that the UIGEA is constitutional, the individual US states now have the right to implement their own online casino gambling policies and the US banking institutions and financial services sectors are tasked with effectively putting an end to internet gambling within the United States – no small task actually.