If you guys are not aware of UIGEA rule, then let me tell you that Unlawful internet gambling enforcement act is a bill which was passed later in the year 2006, Under the presidency of George Bush to ban all forms of financial activities involved in online gambling industry such as online payment transfers, use of credit cards, e-cheques and other financial instruments.

Today is the day when the UIGEA will take effect and all the banks and other financial institutions has to follow the law guidance. The banking and other financial firms has to ban all transactions related to online gambling. No American player can withdraw or deposit funds to their gambling account.

According to ABA, American Banking Association, it not possible to block payment transfers as there are millions taking place on regular basis and choosing among them would be difficult.