BestOnlineCasinos.mobi - Online Gambling Guide

 

New Law Ineffectual Against Online Casino Traffic

February 7 2007

 

Scansafe Ltd, the cybersecurity vendor, says employees in the United States are still visiting sports betting sites despite a new law prohibiting U.S. financial institutions from processing online gambling payments.

In the days approaching Super Bowl XLI, January 23 – 31, attempts to visit online gambling sites among employees of Scansafe’s U.S. clientele increased 77%. 

Large businesses receive web-blocking services from Scansafe.  Each month, Scansafe examines 6 billion web requests.

President George W. Bush, last October, signed the Unlawful Internet Gambling Enforcement Act into law.  The measure forbids financial institutions to process payments from gambling sites such as online casinos.  Financial institutions are expecting to receive new processing regulations from the Federal government no later than mid-July of this year.

US customers are already receiving messages from online casinos and gambling sites that financial institutions are pulling out.  PokerRoom.com has told their U.S. online casino customers to cash out. 

The message on PokerRoom’s homepage read, “The remaining companies that process cashouts from PokerRoom.com to our players in the United States have contacted us to say that in the near future they will no longer facilitate these transactions.” The message continued, “As such, we would advise all American players that have not cashed out already, to do so immediately.”

Dan Nadir, vice president for product strategy at Scansafe, claims there is no indication that the online casino provision, amended by the US Congress onto a ports security bill last September, has had an effect on the number of guests received by online casinos.  Scansafe does not, however, keep tabs on whether guests at online casinos actually complete bets. 

Nadir foresees online casinos establishing alternative payment mechanisms for their customers.  “We suspected [the law] wouldn’t have much of an impact,” he said doubtingly.

In 2006, visits to online casinos and gambling sites represented 3.4% of the content blocked by Scansafe.  Scansafe noted that 53% of visits to gambling sites from the US were to sports betting sites, as opposed to online casinos. 

Scansafe blocks gambling sites and online casinos for roughly 84% of it customers.  Nadir said the reasons companies block employees from these online casinos and other gambling sites are simple.  First, they doubt the security of gambling sites and online casinos.  Second, they do not want employees playing online casino games on company time.

Return to Casino News...

 


Copyright © 2006 Best Online Casinos.mobi. All rights reserved.