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The Unlawful Internet Gambling Enforcement act of 2006 limited credit card use for online gambling, but kept fantasy sports legal.
FORBES: Fantasy Football Madness
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The Unlawful Internet Gambling Enforcement Act comes into full effect Tuesday nearly four years after Congress passed the law under controversial circumstances.
FORBES: Will Online Poker in the U.S. Stop Today?
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The financial firms are on the front lines, especially since the Unlawful Internet Gambling Enforcement Act came into full effect in June.
FORBES: Feds Grab Online Poker Cash
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Ever since the 2006 passage of the Unlawful Internet Gambling Enforcement Act (UIGEA), online poker and other supposed games of chance have been banned in the digital world.
FORBES: Can Online Poker Save Zynga? $417B Global Gambling Market Throws Pincus A Risky Lifeline
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It was a difficult spectacle to watch for the folks at PartyGaming, which was the biggest online gambling company in the world thanks to its domination of the U.S. online poker market until Congress passed the Unlawful Internet Gambling Enforcement Act in 2006.
FORBES: Bwin.Party Bets On America Again
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For example, Kaplan said that even if Campos and Elie argued they were only financial transaction providers they might not be exempt from violating the Unlawful Internet Gambling Enforcement Act if they had knowledge of bets and were controlled by unlawful online gambling firms.
FORBES: Federal Judge Refuses To Dismiss Online Poker Charges
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America remains the world's biggest single online gambling market by far, despite the passage in 2006 of the Unlawful Internet Gaming Enforcement Act (UIGEA) a provision tacked onto a port-security bill that prohibits the transfer of funds from a financial institution to an online gambling site.
ECONOMIST: Shuffle up and deal