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Big news in the gambling and slot machine industry—less
than two weeks ago the United States Congress passed The Safe Port Act, now
pending Presidential approval, the Safe Port Act may become a reality.
Certain provisions within the Act could have online slot machine and gaming
companies restructuring their online gaming offerings. No company wants to
be used as an example for enforcement of the Act, so many are scurrying to
prove to the public that they comply with the provision within the act that
specifically targets online gambling transactions.
The Unlawful Internet Gambling Enforcement Act of 2006 essentially uses the
credit card companies to curb online gambling and online slot machine
gaming. According to this provision, credit card companies are prohibited
from processing any online gambling transactions. This could be a huge step
forward for Americans with gambling addictions—now they cannot push
themselves into bankruptcy and debt from the comfort of their own home. The
United States saw a surge in online gambling activates in the last decade,
and rather than going to the casinos and slot machines to gamble their
money, many serious addicts began to use their credit cards to gamble money
they didn’t even have.
This Act is ensures that no online gambling site can lead an American into
credit card debt. And considering other acts Congress has passed in the last
few years, especially the new bankruptcy legislation, Americans might want
to consider themselves lucky that Congress has taken a proactive stance on
the online slot machine gaming and gambling problems. But don’t stress if
your addicted to the game and not just the gambling—these sites still allow
gamers to play these glitzy games, but instead of actual money, most use a
credit system so that gamers can track how much money they may have won on
the game.
And for those who are concerned that the Safe Port Act may force some
businesses into bankruptcy, think again. Though Americans can’t gamble
online, the rest of the world still uses these online sites to gamble—and
just like land-based casinos and slot machine operations, the profits are in
the millions.
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