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Thread: Is this why its so hard for USA Folks to deposit

  1. #1
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    Default Is this why its so hard for USA Folks to deposit

    Is this the reason why its so hard to get any site to take my debit card or green dot prepaid visa

    (I COPIED THIS FROM ANOTHER THREAD)
    ----------------------------
    infact the UIGEA specifically says that players cannot be held responsible, charged or prosecuted under the UIGEA bill ... it can ONLY be used against payment processors and possibly the sites themselves

    -----------------------------------

    So if a bank lets a transaction go through, they will get in trouble.


    How does it go down, if you win some good money on these sites can they transfer the money to your account. In the US if you get a deposit of 5K its automatically reported the government through the bank but how much are you allowed to win before you have to report it, (I KNOW ROB YOU HAVE TO REPORT EVERYTHING TO GOVERNMENT) and I DO, tooo bad you cant use poker losses as tax writeoffs

  2. #2
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    The UIGEA was attached to the "Safe Port Act" passed in 2006 by the sleaze bags in Congress who love doing things in the dead of night so they don't have to defend themselves.

    UNLAWFUL INTERNET GAMBLING ENFORCEMENT
    This title may be cited as the: Unlawful Internet Gambling Enforcement Act of 2006

    Internet Gambling ActSEC. 802.
    PROHIBITION ON ACCEPTANCE OF ANY PAYMENT INSTRUMENT FOR UNLAWFUL INTERNET GAMBLING.
    (a) IN GENERAL.—Chapter 53 of title 31, United States Code, is amended by adding at the end the following:
    SUBCHAPTER IV
    PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING
    § 5361. Congressional findings and purpose
    (a) FINDINGS.
    Congress finds the following:
    (1) Internet gambling is primarily funded through personal use of payment system instruments, credit cards, and wire transfers.
    (2) The National Gambling Impact Study Commission in 1999 recommended the passage of legislation to prohibit wire transfers to Internet gambling sites or the banks which represent such sites.
    (3) Internet gambling is a growing cause of debt collection problems for insured depository institutions and the consumer credit industry.
    (4) New mechanisms for enforcing gambling laws on the Internet are necessary because traditional law enforcement mechanisms are often inadequate for enforcing gambling prohibitions or regulations on the Internet, especially where such gambling crosses State or national borders.
    (b) RULE OF CONSTRUCTION.
    NO provision of this subchapter shall be construed as altering, limiting, or extending any Federal or State law or Tribal-State compact prohibiting, permitting, or regulating gambling within the United States.

    This is just the opening section. I'm sure you can goggle it if you are interested in reading the whole thing.
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  3. #3
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    Default

    Yea I see it will be deep, I just want to be able to give my card and it goes through, I finally found one work around so I it looks like I can get money on one of the big 2

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