Poker news tagged with 'mastercard'

It wasn't long ago since MasterCard announced that they are going to block Americans from making transactions to online gambling sites. Now, MasterCards biggest opponent VISA follows and block their American customers as well. That both the credit card giants VISA and MasterCard have decided to block Americans from making transactions to gambling sites is a clear sign that UIGEA (Unlawful Internet Gambling Enforcement Act) will soon come into effect (1 June 2010).

We will have to wait and see how effective the UIGEA law will be since there are a lot of problems which the american authorities need to solve before the law will be effective - in other words, stop americans from finding other ways of transferring money.

There are plenty of options when it comes to depositing money into a poker account these days. Credit card, Neteller, Moneybookers, bank transfer etc. The list could be made really long. However, the easiest and fastest way of depositing money is usually with a credit card. We'll, not if you live in the U.S.

MasterCard has figured out the method of uncoding gambling transactions for U.S. customers. This will most probably cause a lot of problems for U.S. poker players and poker sites accepting U.S players since Neteller and many other depositing methods already have been blocked. This is not the first time MasterCard has found out the uncoding process. First time, however, it only took online gaming sites about 2 months to find a way to get around the problem. It will be interesting to see what they do this time.