Visa and mastercard in US Clampdown

2/5/10 – The giant Visa card processing conglomerate has joined Mastercard in clamping down on Internet gambling transactions, according to growing reportage in the US media.

Although the implementation of the UIGEA regulations has been delayed to June 2010, the e-processing companies seem intent halting the allegedly widespread practice of operators cloaking online gambling transactions by coding them as other forms of ecommerce.