Originally Posted by
FFCHAMP
I am waiting on a wire that was sent March 23rd, and I will be filing a dispute with my credit card Monday evening if the money is not in my account. Below is the US gambling law, to me it sounds like the banks are liable to some extent. I have been using my Citi Card to deposit money, and will give an update Monday evening as to what I said, and what they said. Good Luck to all, this might be a blessing is disguise as it will prevent me from ever gambling online again.
...Ambiguity is not just present in US law - which has been a main focus of late as it relates to online gambling - there are jurisdictions throughout the world that allow betting on some forms of activity and not others. Some online gambling jurisdictions do not allow betting with online casinos and sportsbooks located in the country itself by their own citizens while taking bets from outside the nation are okay and placing bets outside the nation is not clearly illegal. France reportedly has no laws prohibiting its citizens from betting online with gambling sites located outside the country but has been aggressively going after those individuals who run said sites (even outside the country - similar to the stance of the US).
Recently, a law passed on the US Federal level clarifies that the acceptance of bets on US soil remains illegal but has now been adapted to the internet. The law further seeks to have banking institutions monitor such transactions that may be made from US citizens in order to prevent operators from collecting said betting funds. However, the banks and others have been lobbying to remove such language from this law that would hold financial institutions liable. Legislators have admitted that the wording in this law needs to be studied over the next several months. Poker may still be exempt from this measure, though that is yet to be determined as of January 30, 2007.