Impact of the UIGEA a Thriving Market
Published on: April 6, 2007
UIGEA has created a domino effect causing several larger casino, poker and sports betting operations to pull out of the U.S. market, however there is still a thriving industry.
Since the passing of the UIGEA (Unlawful Internet Gambling Enforcement Act) the online gaming industry has taken several blows including several major players including Party Gaming, 888 and several other large gaming operations ceasing to accept U.S. players. As a result this has opened up the doors to new comers and smaller gaming operators to take their place and really gain market presence.
Contrary to popular belief the UIGEA doesn't actually prohibit players from engaging in offshore online casino or poker gambling it targets the financial institutions that facilitate payments for the industry and not only in the U.S. The Justice department in the United States has made it abundantly clear that they will go after those companies that not only reside in the United States but abroad as well. As a result of their seek and conquer type strategy they have taken out many of the offshore processing companies that added value and integrity to the processing of payment for U.S. players. The recent removal of NETeller was a big blow to the industry that will take some time to recover from.
Even with everything that's transpired since the passing of the UIGEA the industry will still thrive and ultimately this is what the U.S. government simply cannot grasp in that wherever there demand there's going to be someone to facilitate the supply. In the end it comes down to simple economics.
If you're a U.S. player and are looking for some casinos that you can play at we highly recommend playing at the following brands as they bring forth credibility and additionally they still have several options for deposits and withdrawals for U.S. players.
Top Casinos for U.S. Players
For more information about the UIGEA and much more on this topic please visit the following resources:
- How the US Congress Betrayed the U.S. Population
- Poker Players Alliance – Join the Fight to Keep Online Gambling Legal
- UGIEA Law Liturature – Read the actual legal behind the UGIEA here.
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