US Online Gambling Payment Ban (UIGEA) Delayed 6 Months

Posted:30.11.2009, 07:10 US Online Gambling Payment Ban (UIGEA) Delayed 6 Months

Finally some good new for Americans who gamble online!

By David Lawder
WASHINGTON, Nov 27 (Reuters) - "The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices."

Full Articles on Reuters:
(updated) http://www.reuters.com/article/euRegulatoryNews/idUSN2742960220091127
http://www.reuters.com/article/politicsNews/idUSTRE5AQ4HG20091127

* Move allows lawmakers time to overturn payments ban

* 2006 law failed to define "unlawful Internet gambling"

* Barney Frank plans hearing on licensing Internet gambling firms