The US legislators enforced the UIGEA (Unlawful Internet Gambling Enforcement Act) in June 1st this year. From that date, online betters are feeling anxious about their favorite pastime.
The online gambling community mistook a bank of America online glitch to be a part of this law & was quick to react. But the glitch which happened on Wednesday was unintentional & not meant to block the player’s accounts & debar them from playing
online gambling in the United States of America. However the bank promptly fixed the glitch & allowed the customers to access their bank accounts once again.
“Wednesday was the most horrible day for me. My account in the Bank of America remained inaccessible for few hours & I was more than shocked to find it,” said an enthusiastic online better. “At the first instance, I thought that this incident is the fall out of the newly enforced gambling act, but later realized that it was the outcome of a glitch.”
Most of the financial institutions in the United States have expressed their inability to comply with the UIGEA norms. This unlawful gambling act prohibits them from transferring funds to online gambling websites, excluding the cases of horse racing, online lotteries & fantasy games.
The UIGEA has turned out to be a major challenge for US based banking companies because they will have to try hard to put an end to all sort of online gambling transactions. Only a controlled internet gambling law in US will be able to get what the UIGEA is actually formulated for.
Tags: online gamblers, online gambling


