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UIGEA Block Cause Problems
3/27/10 - On June 1st, the postponed regulations supporting the Unlawful Internet Gambling Enforcement Act come into effect, obliging financial institutions to block financial transactions with ill-defined "illegal" offshore gambling sites. Yet already the industry is seeing examples of the much-warned about 'overblocking' caused by the act's lack of precise definition, coupled with the low experience levels among financial bodies expected to enforce the legislation.
There have been several reports of payments to state lotteries being inaccurately blocked, but the latest issue comes from an even more unlikely source - a musical society in Florida!
Members of the South Florida Blues Society were warned by the society this week that Internet transactions had been 'inadvertently' delayed due to a block by e-cash processor PayPal, which appeared to have mistakenly classified the society as an illegal online gambling entity.
The Society, which has been legally raising funds for the past decade through prize-based raffle tickets on its website, was understandably upset, because all sales from the site, including music and promotional clothing and merchandise and even membership subscriptions are impacted by the PayPal block as well.
SFBS President Blues Bobby told his members that only cheques mailed to the club can be processed, because Visa and Mastercard bans also ban card transactions with anything even suspected of having Internet gambling connections.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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