AGA chief issues statement marking Black Friday anniversary
13 Apr 2012
As long as these sites are operating outside the reach of U.S. law enforcement and with little to no regulation, the millions of Americans who continue to patronize them will be at risk of being defrauded. After a year of Congressional inaction, the fact remains: Until the U.S. changes existing laws to ensure that only licensed, taxed and highly regulated companies can operate in the U.S. it is certain that illegal activities will go largely unchecked.
In order to correct this situation, Congress needs to adopt changes that modernize and strengthen the Wire Act of 1961 with conforming amendments to the Unlawful Internet Gambling Enforcement Act (UIGEA) that would unambiguously eliminate illegal Internet gambling.
It is also essential that current law be modified to establish federal guidelines so there will be consistent regulations for online gambling in all states that choose to authorize it. Such federal guidelines would keep minors from gambling online, prevent fraud and money laundering, address problem gambling and ensure players aren’t being cheated. Without a federal overlay, there will be a patchwork quilt of rules and regulations that will prove confusing for customers and difficult for law enforcement to manage.
AGA chief issues statement marking Black Friday anniversary
is republished from iGamingNews.com.