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UIGEA Online Casino Barriers Ires Canadian Lottery Reps

May. 05, 2009

Troubled with US Online Casino Gambling Regulation The fiasco that is the UIGEA proceeds to deteriorate, as the stoppage of deposit transactions to some of the best online casinos whips up more unintended concerns. The latest collateral suffering from UIGEA enforcement stroke Canada, where lotteries are trapped in unduly careful measures by financial companies not suited to decide what makes up unlawful online gambling.

“Our greatest trial comes from south of the border and the UIGEA,” states director of legal services for the British Columbia Lottery. “We’ve got caught up in that and have suffered as a result of the UIGEA as well as the risk-averse nature of the payments industry.”

Canadian gaming Reps greeted chat of the Barney Frank bill cancelling the UIGEA with hope and expectation. Reps at the International Masters of Gaming Law Spring Convention in Windsor hailed the impending emergence of the new proposition, specifying the desire for regulation and law intended explicitly for online gaming.

“The business imperative to do so is clear, yet no jurisdiction in North America regulates,” expressed the vice-president of the Nova Scotia Gaming Corporation. Canadian gaming officials consented that the UIGEA effects have passed over the border, interfering with trade and seizing a vacuum where laws should subsist.

“If Congressman Frank gets his way then that will help us, too,” supplemented another official, showing frustration that neither the U.S.A nor Canadian governments have taken strides to appropriately license and regulate online gambling. “Ignoring the internet is like holding on to the notion that the world is flat.”

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From the Online Casinos USA team

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