UIGEA law against online gambling payment transactions

New Hampshire faced the online lottery problem. It had already discovered that its online lottery credit card sales were being blocked by implementation of the UIGEA law against online gambling payment transactions. It means that even local stores are refusing to allow lottery sales on debit card transactions.

Experts from the American Banking Association, the Department of the Treasury, credit card companies, and Congress had predicted that the implement of the UIGEA will bring certain changes to online gambling business. For example, by the implementation of the UIGEA without defining illegal online gambling, the US would find transactions being blocked that were perfectly legal as companies erred on the side of caution.

Howeverm some experts have different opinion of whatever the law brings to this filed. According to an editorial in the Union-Leader, US Republican Senator John Sununu before losing a reelection bid the law was too ambiguous and would end up disrupting legitimate enterprises. He assured that risk-averse financial institutions will simply choose to block every transaction that may be interpreted or could resemble gambling, whether legal or not.

This law has already brought some losses. New Hampshire school fundings lose money as lottery sales are blocked. The same time any child who wishes to access online casinos can due to lack of regulation. Programs supposedly excepted from the online gambling transaction ban face being caught in the web, while unlicensed shady sites devise clever alternatives that escape UIGEA notice.

So it seems that all goals that were done for good is something different now. It didn’t change much the present legal online lottery situation. The UIGEA mess is certain to only get worse until then.