Online Casino Industry Welcomes Postponement of UIGEA Implementation

Dec 21, 2009-This December the online casino gamers have a reason to make merry and celebrate. Putting a hold on the year long debate of the UIGEA implementation, which was supposed to be implemented on 1st December 2009, the online gamblers received a huge mental boost in their quest of repealing UIGEA.

For the online casino players, this decision came as a gift from the new Obama administration. In the words of the spokesperson of “Safe and Secure Internet Gambling” - Michael Waxman, the move of the Obama administration was in the direction to look for an alternative approach to regulate internet gaming, instead of banning it altogether.

The decision thus taken, worked in the direction of building a momentum that focused a shift in the policy towards rewriting US online gambling laws. This decision will help the Congress to get enough time to decide on taxation and regulation of online gambling. This move came as a welcome change that blocks the financial sector to abide by the burdensome and ambiguous rules of Unlawful Internet Gambling Enforcement Act.

With the delay in the implementation of the UIGEA regulations, Congress received the time to revisit this law. It also received the time to offer a clear direction to the financial institutions and others who are impacted by UIGEA. It is a great victory for all those who advocated fair and good public policy for online gambling. The additional months that this regulation received went on to provide legislators some extra time to think about and clarify UIGEA .

Casinostoplayat.com is one casino review site that has been bringing up time to time coverages of the UIGEA-implementation-postponed on the verge of becoming a permanent law. With comprehensive coverages of the debate on whether online gambling regulation will be better than prohibition together with the reaction of the casino goers, the news and blog section of the site covered everything in detail.

For more about the UIGEA you can visit the official website casinostoplayat.com or you can also email at casinostoplayat@gmail.com

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