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ABA Says Not To UIGEA
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Monday, March 10, 2008
4:30:00 AM EDT
Feeling Happy

ABA Says Not To UIGEA


ABA well known as (American Banking Association ) has drafted a letter to U.S treasury dept ,stating that they are against UIGEA, a very famous bill which outlawed internet gambling from United States on Oct 2006 and asked US banks and other financial institution to ban credit cards from transferring payments to gambling sites.

ABA's 11 page document indicated concern and negativity toward the regulations in their present form as it explored problem areas and raised issues of sufficient severity as to place a question mark over the successful implementation of the UIGEA.

Let us see what treasury dept has to say about the ABA's statement.


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