08-04-2007, 03:23 AM
tater03 Wrote:Wow, thanks for the information. I just don't get this ban to begin with and now it might extend to other things.Some psychiatrist, who had the ear of our conservative congress, made a stink about how dangerous the gambling online is for those who might be susceptible to gambling addiction. Congress then passed legislation banning the electronic transfer of funds for the purpose of online gambling, from any financial institution based in the USA or doing business within the USA.
That is the "Cliff's Notes" of what has happened, but in essence, anything that runs money through the USA or gets money from any financial institution in the US cannot be a gambling site. Hence the problem with using a domain that sounds as if it is for gambling. The business is sure to face being shut down, even if they are only under investigation, and there is no guarantee of a speedy investigation.