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On Oct 13th President Bush signed the SAFE Port Act which prohibit Internet gambling by outlawing financial transfers to overseas gambling establishments. However, the bill
did have a cut out for horse betting. This had a major impact on the London stock exchange with many UK listed online casinos. Party Gaming stock stumbled when they announced no
more US players as did some other major listed companies in the UK. Rumors are that on Jan 1st, 2007 it will be legal to gamble online in Italy. Neteller has finally
released funds to US customers. Neteller continues to offer services to UK customers. UK to ban online gambling ad's. |