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UIEGA Scam Revealed With Online Poker

Mar 13, 2008
The Unlawful Internet Gambling Enforcement Act (UIEGA) passed in late 2006. This law was piggy backed into the security port act and signed by president Bush into law. This law has nothing to do with national security, but what it has done is create an online poker cartel.

The hands that own and operate online poker are now much fewer thanks to the passing of the UIEGA. The law basically makes it illegal for US banks to process online gaming transactions. It does not make it illegal for US citizens to gamble online.

Many people and affiliates of online poker were very confused about the law and its repercussions. Many gaming and poker sites pulled completely out of the US market when the law passed. Virtually every public company pulled out as well. Party Gaming who owns Party Poker stopped taking US players virtually overnight. They went from the largest online poker room to a medium sized poker room with the flick of a switch.

Several private companies decided not to pull out of the US market. One of these companies is Poker Stars. Poker Stars is privately owned and before the law passed, they were a medium sized poker room. When they decided to stay in, and many poker sites pulled out, they became the largest online poker room almost overnight.

Is this just a coincidence that one law change crushes many US player poker sites and greatly helps out just one or two? I think not. The UIEGA also allowed online poker and other gaming rooms to steal billions of dollars overnight. How is that?

Most of these poker rooms stopped taking US players, and US affiliates. Affiliates are responsible for bringing in nearly half of ALL of the revenue from online gaming. Affiliates are paid a bounty, or a percentage of revenue by the online poker and gaming sites. Some of the top affiliates were making residual income of over $500,000 a month from these online poker and gaming giants.

When the law passed, many of the gaming sites said something to the effect of this. Oh, were sorry, but because of the new law, we can no longer keep you as an affiliate. Oh yeah, we won't be paying you any further commissions on the millions of players you brought us. Sorry.

Whenever a law changes, all you have to do is follow the money. When you have a market that is billions of dollars a year huge, it's not run and controlled by idiots. It is controlled by the most elite and ruthless people of the world.

There has NOT been one poker site to be indicted by the US government for taking US players. It is not a matter of if, but when the law will be changed. Online gaming in the US will become regulated like everything else in this country.

To give you an idea how absurd this law is, look at Doyle's room. Doyle Brunson who is a Nevada State resident, openly promotes his online poker room. He is a US citizen and he gladly takes US players and their deposits.

There are talks going on right now between land based casinos and internet gaming sites. Many companies are going to merge and they are patiently waiting for the law change before acting on further consolidation.

The UIEGA law has not reduced online gambling. Not one bank, nor gaming site, nor individual gambler has come under any indictment or prosecution by the US government in regards to online poker. Online gambling continues to still grow. The US still makes up the largest percentage of online gamblers in the world combined. What has happened is that the rich just keep getting richer. That is virtually the only reason laws are passed in this great country the USA.
About the Author
Even you can play poker correctly .Play poker like the pros. Hone your skills and improve your play. Learn more at bookmaker sportsbook or pokerstars cheats
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