Online Gambling Act

By: Tamara Evans
By: Tamara Evans

Online gamblers across the nation may soon have to fold.

An act passed in September officially became law on Friday that is aimed at preventing Internet gambling.

The new law places restrictions on the financial transactions that can occur in connection with online wagering, banning the use of credit cards, checks, and electronic fund transfers for Internet gaming.

Some online gamers don't agree with this law.

"It seems like it's taking away a right that really doesn't have to be taken away,” says Online Poker Player, Josh Davis.

The Unlawful Internet Gambling Enforcement Act makes it illegal for banks, credit card companies, and online payment systems to process information to online gambling companies.

This means that players can no longer make wagers, or collect winnings using electronic fund transfers, credit or debit cards, or other online payment systems.

"Most banks already don't let you do that anyway but as far as the Net tellers and things like that, that passing is going to basically cut it all out,” says Davis.

Davis says he and his friends have already started taking their money off of these online gambling Web sites.

He's even received Emails saying he can no longer put money into or cash out of these Web sites.

Davis says the popular trend of online gaming may soon be coming to an end.

He says for him this run of online gaming was about more than just the gambling.

"I grew up around a lot of sports and I love the aspect of being able to compete and it's another way of competing for me, so I like to win but it's more of fun than anything,” says Davis.

The new law does not change the legality of playing online, it just focuses on the payment process of Internet gaming.

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