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Illegal Online Gambling Trouble For New York Lotto
Another example of over-blocking reported
Yet another incident of bank overblocking under the authority of the UIGEA surfaced this week in the publication "The Consumerist", which reported that the US bank Chase chose to treat a credit card customer's New York Lottery subscription payment as a cash advance, with the $10 fee and astronomical interest rate that goes along with it.
The customer charged a annual subscription to the New York State Lottery Mega Millions game on his Chase MasterCard in the amount of $98, subsequently noticing that his monthly statement carried a $10 cash advance fee and a $1.24 interest charge for that cash advance fee, along with the $98 charge to the New York State Lottery.
When he called Chase, he was referred to the lottery, being told that it had incorrectly processed the charge as a cash advance instead of a regular charge.
However, when the punter contacted the Lottery he was informed that it had not been responsible for the incorrect charge. Lottery officials explained to him that what had actually happened was that the bank was taking advantage of the UIGEA, which went into force on June 1st this year.
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This gave credit card companies the power to handle charges for illegal Internet gambling in this fashion, he was informed. The bank had apparently seen fit to incorrectly classify the New York State Lottery and legal horse betting in the State in this 'illegal' category, and that the Lottery was seeking legal advice on the best way to address the situation.
The customer then returned to the bank, armed with the knowledge he had garnered from the Lottery and requesting that the charges be reversed. The bank refused, and the punter, who claims to have been a loyal client for 30 years, closed his account. Permanently.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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