The Unlawful Internet Gaming Act

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collected data from a Harvard Medical School meta-analysis that stated that five to seven percent of the U.S Population has either a gambling problem or pathological gambling addiction. (citizenlink.com) The Second concern was, it would be hard to verify the gamblers age online. The National Gambling Impact Study Commission stated the same study showed that 7.9 million American adolescents have a problem or pathological addiction to gambling. (citizenlink.com) the final and most concerning was possibility of money laundering due to anonymity of the clientele. According to the IMF and World Bank, and estimated $2.17 to $3.61 trillion is laundered annually for not only terroristic crimes but corporate crimes.(state.gov) In March 1999, while lobbyists were trying to gain supporters for each side of the proposed bill, it was placed on the suspension calendar. The bill failed to meet the two-thirds majority vote required by the suspension calendar and was rejected on July 18[th] 1999. ...

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Internet Gambling Enforcement Act: The Publics Rights and Responsibilities
Both Companies and Citizens are held accountable for this law. The law "clearly" states The Unlawful Internet Gambling Enforcement Act of 2006 ("UIGEA") prohibits any person, including a business, engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling including a business, engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. (federalreserve.gov) what that means is that a business ...

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