On October 13th, 2006, former U.S. President George Bush signed a law (that was an
embedded piece of legislation attached to a Ports Security Bill), which prohibits online gamblers
from using credit cards, checks, and electronic-fund transfers to place
and settle online gambling bets. The Unlawful Internet Gambling
Enforcement Act (UIGEA) does not make the act of gambling online illegal;
however, it makes that act of fund transferring to an online gambling
institution illegal. Although the jury is still out on how this law will
actually get implemented by the banking industry, a summary of some of its
points can be found at the following link: