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CasinoMan Blog - Category Articles: legislation

What is the UIGEA

19 August 2008

Many disappointed gamblers gather together to discuss their country’s ban of internet gambling. On October 13, 2006, President George W. Bush signed a bill into affect that banned internet gambling. More specifically, banks and other credit cards, e-wallets, etc, which transfer the money back and forth. Though many see it as a clear-cut case of Christian values being forced upon a “free” country, the logical see it as nothing more than the government’s way of cracking down on tax evasion.

If a person visits one of the United States’ legitimate casinos, i.e. one of the Trump monstrosities in Atlantic City, then he or she is taxed on their winnings. But if that same person has free reign to slowly drain $50,000 from their internet account, $3,000 at a time, how would it be taxed? Regardless of what is true and what is false, this situation is sticky for all gambling lovers.

This Nation of Nations, which was constructed to be an equal opportunity land, by the people and for the people, has always been about the few, discarding the many. In ancient Rome, members of the senate would crucify a citizen for not paying homage to the gods. Even in Tudor England, 2,000 years later, men and women were slaughtered for not abiding to the chosen faith.

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Tags: uigea, tax, congress, republican party,
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