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WAAG: United States: Federal Government

The United States online casino gambling market has been highly controversial for several years now, ever since the UIGEA passed into law and has banned and blocked foreign competition from the market. The UIGEA is a federal piece of legislation that targets the financial transactions between offshore online casinos and US gamblers. The passage of the UIGEA was highly controversial and the government has caught a lot of flack over this because of breaching of international trade agreements. At this stage of the game the government is in the process of really doing an in depth study of the online gaming market and reassessing the effectiveness of attempting to enforce the UIGEA.

Additionally, there is not a ton of support for the UIGEA in actuality. The passage of the legislation was highly controversial because it was a midnight addition to a must-pass bill and a majority of the members of Congress had no idea even the details of the UIGEA. Now that the UIGEA has come into full effect, however, several key politicians are banning together to create awareness about the online casino gambling industry and controversial legislation and these members of Congress are also attempting to gain support for new bills that would neutralize the UIGEA and instead legislation and regulate the industry.

On the federal level this line of thinking just makes more sense. The US government has already demonstrated that it is unable to effectively enforce the UIGEA and block offshore online casinos because of the pervasive nature of the internet. Regulation and licensing would not only provide more safety for US gamblers, but would also give the Federal government a new industry to tax and then reap the revenue from over the long term.