Unlawful Internet Gambling Enforcement Act

Federal prosecutors in the Southern District of New York asked CitiBank, Wells Fargo and two smaller banks to freeze approximately $30 Million of funds in accounts owned from offshore poker sites such as PokerStars.net and FullTitlPoker.com. The Unlawful Internet Gambling Enforcement Act of 2006...

At the same time many states are looking to casinos as a way to increase tax revenue, millions of Americans have taken to the internet for their gambling fix. Despite efforts by Congress to stifle this controversial industry by passing a law in 2006 forbidding U.S. banks to transfer funds back and...