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Old 02-11-2007, 09:25 PM
permafrost permafrost is offline
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Join Date: Aug 2005
Posts: 618
Default Re: Pokerstars allowing U.S. based company to transfer money to them

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Any smart money transfer service would, at this time, MAKE SURE IT NEVER HELPED PLACE A SPORTS BET! Funding a poker only site is not illegal right now (because Poker is not covered by the Wire act). When the UIGEA regulations come out, it will be illegal to violate those regulations. That might cause the Moneygrams and epassportes to pull out at that time, we will have to wait and see.

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Accepting funds for unlawful poker is a crime right now just like accepting funds for unlawful sports betting. The UIGEA does not make sending funds for unlawful internet gambling illegal (other laws might), so I don't understand your "SPORTS BET" warning.

The regs will try to prevent all funding transactions to unlawful internet gambling businesses.
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