2006 Boston Whaler Sport 150
Is The Department Of Justice Winning The War Or The Battle Of The Unlawful Internet Gambling Enforcement Act Of 2006
Many in the internet gaming industry were falsely led to believe that the The Unlawful Internet Gambling Enforcement Act of 2006 was all bark and no bite. Since then the department of justice has started to take a bite out of the industry. It all started with the seizure of Ewalletexpress, then the take over of banks in New York State and Washington State followed by take over of Citadel Commerce and GlobalATM. Now the internet gaming industry is concerned the department of justice is serious about enforcing the Gambling act.
In November 2010, Ewalletexpress had their funds and accounts seized by the United States Government as part of a confidential investigation. They stated that currently they have started negotiating with the government about getting their funds back. At this time eWalletXpress is still unable to access these funds or return them to the players because the money is still not in their custody or control. This means several Internet players and internet gambling sites have had their money tied up for over half a year with no end in sight. Internet players are furious with both the Department Of Justice and Ewalletexpress.
The take over of the bank’s in New York State and Washington State are a bit of a different story. In Washington State an $8 Million Poker Fund was Seized. A number of payment processors involved, including Arrow Checks, Secure Money, Etegrity Processing, Anaya Trading Solutions and Blue Lake Capital Management. They were found to be in violation of the Federal Wire Act of 1961 because internet gambling is outlawed in the state of Washington. This varies greatly from other seizures because it wasn’t the result of the The Unlawful Internet Gambling Enforcement Act. Same thing in New York State, Allied Systems and Account Services found their assets seized also. Their owner was lucky enough to negotiate a settlement for just under half the seized funds and then left the country. Again where does this leave the internet players and their money. In a hopeless situation is the answer.
Next are the take over of Citadel Commerce and GlobalATM. Citadel Commerce had their funds seized back in 2007 by the Department Of Justice. It unclear what exactly has happened in this case and if the internet players ever received their money back. Recently, GlobalATM or ECHECK, an internet payment processor, is now offline and is unable to be contacted. Its a mystery what exactly happened if the Department Of Justice seized them or they just went out of business. Either way many internet gamblers received checks that bounced and had to find other ways to obtain their funds if they could get them at all.
You can easily see from above that the department of justice is starting to win many battles and possibly the war of The Unlawful Internet Gambling Enforcement Act. The online gaming industry does not realize the war has begun and this is why their losing so many battles. Internet US Casino Sites and US Poker players could be hard pressed to find fund processors very soon.
Re: Boston Whaler 150 Sport