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  • Date: Aug 10, 2008 Proposal: Prohibition On Funding Of Unlawful ... - Federalreserve

Get Date: Aug 10, 2008 Proposal: Prohibition On Funding Of Unlawful ... - Federalreserve

Elly A Keane Affiliation: Category of Affiliation: Address: 38 Mulberry Ct City: State: Country: Zip: PostalCode: Hamilton NJ UNITED STATES 08619 Comments: The regulators must define what is and isn't "unlawful Internet gambling." The federal and state laws governing Internet gambling are very ambiguous nearly all of them were written before the Internet exploded into what it is today! It is not clear how they apply to Internet gaming or even why they would apply to the internet gaming in.

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The Unlawful Internet Gambling Enforcement Act of 2006 ("UIGEA") prohibits any person, including a business, engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling.

The Act states that none of its provisions shall be construed as altering, limiting, or extending any Federal or State law or Tribal-State compact prohibiting, permitting, or regulating gambling within the United States.

Section 4 of Regulation GG, however, exempts four broad categories of payment system participants: (1) those processing a transaction through an automated clearing house (with exception, as defined in the regulation); (2) those participating in a particular check collection through a check collection system; (3) those ...

Regulation GG implements the Unlawful Internet Gambling Enforcement Act (UIGEA). The Act prohibits businesses from knowingly accepting payments in connection with unlawful internet gambling, including payments made through credit cards, electronic funds transfers and checks.

The rule designates five payment systems that may be used for restricted transactions: card systems, ACH systems, wire transfer systems, check collection systems, and money transmitting businesses.

Regulation GG implements the Unlawful Internet Gambling Enforcement Act (UIGEA). The Act prohibits businesses from knowingly accepting payments in connection with unlawful internet gambling, including payments made through credit cards, electronic funds transfers and checks.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232