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Illinois may want to go over UIGEA
February 18, 2009, 9:48 am (2 years ago)Legislators in Illinois might want to go over the problems that the lately issued Unlawful Internet Gambling Enforcement Act regulations have affected New Hampshire before they go aboard on a project to sell lottery tickets through the Internet. The hardships of organizing financial transactions rejected by the contentious and distracted UIGEA requirements should not be taken too lightly.
The Illinois Senate President, John Cullerton, might want to pay extra attention to the UIGEA consequences before he go ahead with a proposal he is considering which is intended to expand deteriorating state finances. Cullerton, a Democrat from Chicago, wants to increase sales of state lottery tickets by making them accessible online. And even though state lotteries are part of the disreputable and unfair US legislative carve-outs when it comes to Internet gambling, the banking sector charged with pushing the UIGEA has shown that it is capable of and is going to reject transactions about which it is uncertain.
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