Americans online gambling going around the law

Thinking of going online and wagering on a few games in the upcoming NCAA basketball tournament?Uncle Sam doesn’t want you to, but he’s having big trouble stopping anyone. The government’s latest effort to get Americans to stop gambling via the Internet has been largely ineffective, according to the online casino industry. The law makes it illegal for American financial institutions, such as banks and credit card companies, to transfer funds between U.S. citizens and online gambling sites that offer sports wagering, poker or casino games. If online gamblers can’t get money to the online sites to gamble with — and more importantly, can’t collect their winnings — they’ll stop gambling, lawmakers figured. They figured wrong. Online sports bettors from the United States who used to use credit cards, bank wires or Western Union cash transfers to fund online sports wagering accounts could no longer do so after passage of the Internet gambling law…………… so most bettors simply adjusted and started using foreign payment methods instead. Online gambling is not going away!!

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