Gambling News by House of Odds

Gaming Law Professor, I Nelson Rose is one of the first industry experts to comment and analyze the new regulations and what it will mean for the US online gambling industry. The final UIGEA regulations set forth for banks to begin the process of blocking gambling deposits to online poker sites and casinos was just released.

The U.S. Treasury Department and the Federal Reserve issued a final rule on Wednesday aimed at stopping illegal Internet gambling, two days after a leading Democratic lawmaker called for a delay because of the problems he said it would cause for banks.