UIGEA kicks in Tuesday ! Any thoughts ?

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I think it will Hurt some......But I know for sure you can say Good By to XXXX

I put X's in place of what I think will be No More........a Way to Deposit.

Don't want to talk about as you know All of our Sponsors don't want to see it out in the Open.

When you go to find out Ways, I'm sure it Won't be there any Longer.
 

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im not sure but I think PPP's will come back to life but HHH's may be history.
 

Rx God
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I actually think this stuff will start to be implemented anytime now, kind of tough ( for the financial institutions) to wait until the last second.
 

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hopefully not much changes, business as usual
we shall see
 

Rx God
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I think it will business as usual!

I doubt that. Losing XXXX, YYY, HHH, and PPP will hurt.

Many won't even know they can't deposit until football season, or until they bust out somewhere, and try to re-up.
 

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I have two banks that have never said a word to me about sending wires - they even do them online.

If a bank gives you trouble, use a different bank
 

All I do is win
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does anyone know if this will affect banks cashing our checks from our sportsbook's payment processors.. i have 5 figures spread out though several books and i'm worried about requesting checks in fear that the banks might not cash them..
 

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does anyone know if this will affect banks cashing our checks from our sportsbook's payment processors.. i have 5 figures spread out though several books and i'm worried about requesting checks in fear that the banks might not cash them..


No, it won't matter one bit.

Haven't you cashed any checks from books before? Does it indicate anything on them that would suggest they are gambling related? No, there is difference between those checks and the ones someone else gives you or me.
 

All I do is win
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No, it won't matter one bit.

Haven't you cashed any checks from books before? Does it indicate anything on them that would suggest they are gambling related? No, there is difference between those checks and the ones someone else gives you or me.[/Q]

cashed plenty before, but this new law is worrisome especially when dealing with large amounts of money.. i'd hate to go and try to cash a $10,000 check only to get told they can't cash it because of the UIGEA.. Thanks for ur help though, hope ur right..
 

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It is not illegal for you to cash or send money.

The banks are not allowed to send money to or from an illegal gambling place if THEY KNOW. The key is they don't have to do anything special if they do not KNOW.

BTW, I could not post on this board while in France - not sure why I was blocked, but mods might want to check on if people can log in when outside the US
 

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Since you won't be able to use any of these places you're deleting, WHY are you going to delete them? Does that make sense to you?
 

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It is not illegal for you to cash or send money.

The banks are not allowed to send money to or from an illegal gambling place if THEY KNOW. The key is they don't have to do anything special if they do not KNOW.

BTW, I could not post on this board while in France - not sure why I was blocked, but mods might want to check on if people can log in when outside the US

People can log in from outside the US, but France actively blocks non-regulated online gambling sites. Presumably RX got caught in the net.
 

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