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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 :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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