there are some places which are not blocked and comes under this act but still it affected to the republicans to a great extent...
There has been a lot of debate about the online restriction rules in US. It is considered a crime to play gambling games online in US. But the strictest rules consist of UIGEA.
This is known as Unlawful Internet Gambling Enforcement Act. There are several arguments going on related to this issue but still it is not clear that what exactly the rules behind this act are. This is a complicated situation and it has occurred high losses to the gambling portals in US. Most of the people in US love to gamble online but due to this passed resolution, they were unable to play.
The law passed:
This is the law which passed in the year 2007. Actually, this was not restricting the playing on games online but it was on the financial transactions to be performed by the banks. It was done under the power of Bush government and it shattered the dreams of gamblers playing online because they were now unable to earn money and receive it through online portals. This was considered to be illegal and people performing this task can go to jail.
The banks were asked to stop the transaction of money in the accounts and through various monetary authorities with these gambling websites.
Why this law was passed?
The reason this law was passed by the US government was for the protection of state wealth.
It was for the protection and safeguarding the interest of the minor citizens particularly kids who use to play online games and lose money. This was to protect the money from going out of India. It was a tough decision but it was important for protecting the kids and their interest with the money of state. The banks and other regulatory bodies did not have strict rules against such gambling websites and so it was important for the central body to take some action to control the flow of money. So, this was the reason for which UIGEA was passed.
The criticisms against this law:
The common people criticized against this law because they loved to play the game. Now, the receiving mode of money was blocked and so people could not get the benefit. Even though, there are some places which are not blocked and comes under this act but still it affected to the republicans to a great extent.