Re: Regulations are out
Havent had time to read the regs yet, I will in the next couple of days and post more.
But one thing is pretty clear, if no one in the Federal Government is going to take the time to actually identify who is and who is not engaged in unlawful internet gambling, the banks wont. In working for a friend/company earlier this year trying to figure out what poker players from what states could have their money transfers affected/made illegal by the UIGEA - I, a lawyer, spent over 150 hours (at least) and the answers were still unclear in the majority of states. And my research was limited to poker.
25 hours compliance time - BS! Thats one comment I will definitely post.
Skallagrim
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