Re: Pokerstars allowing U.S. based company to transfer money to them
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The sports bet warning seems pretty clear to me... sports betting is specifically mentioned in the Wire Act, and has been associated with, I believe (certain I will be corrected if I am wrong), every industry arrest by the US.
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Skallagrim's stance is that currently there is a law making it illegal for a money transmitter to send funds to an online sportsbetting site but it is not illegal to send funds to an online poker site, saying or implying online poker is legal. Then he implies the UIGEA regs could change the legality of a money transmitter sending funds to a poker site, which is confusing and I have a question.
If online poker is currently legal and funding online poker is legal, and UIGEA only addresses unlawful online poker, why would UIGEA regs make funding online poker illegal?
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