As someone who knows a little about the online gaming industry (Israel being a key player in the online gaming industry), I watch with interest the events as they unfold and worry about some friend that are now going through a very rough time. The online gaming business in the US is significant, 80% would be conservative and I have already heard of mass layoffs in the industry’s SMBs. I know that the larger operations are also going to scale down and the numbers will be significant. I wish these people luck (excuse the pun..).
The Vegas political lobby is too significant and I guess they reached a critical mass that pissed off the wrong people. Let’s face it this is BS – the US has no authority over online gaming or any Internet activity. I think its having a hard enough time in the physical world and should stick to “managing” that.
These are “letters from the edge”. This first one is being sent to all webmasters by one of the larger affiliate programs (names have been changed to protect the “innocent”).
It is with regret that we have to inform you that in light of recent legislative changes in the United States; CASINO NAME has notified us that from tomorrow, Friday, October 13th, at 11:30 am EST no further transactions from either new or existing players residing in the States listed below, will be accepted.
As a result you will no longer be able to generate revenue from CASINO GROUP casinos or poker rooms in these States:
We would like to remind you that there are exciting opportunities in other markets and we look forward to exploring these with you. If you have any queries or would like to find out more, please contact me.
This is the letter that was sent out to the players in same casino:
The United States Congress has recently passed an Act affecting payments for internet gambling that is expected to be signed into law sometime on Friday, October 13th, 2006.
And so, it is with much regret that we are to cease accepting wagers and/or bets from players who are resident in relevant States in the United States of America.
Pending further consideration of this Act, your account and the gaming software will no longer be accessible as of Friday, October 13th, 2006.
Can I still play?
You are still able to play out any balances in your gaming account/s prior to it being suspended. Any winnings during this time can be withdrawn and enjoyed.
What happens after this date?
Should you still have a cash balance in your gaming account after the deadline, we will ensure that you are refunded via:
– Your preferred payment method* or the last method used to deposit
* Please note that check is no longer available as a withdrawal option, so if this is your preferred withdrawal mechanism, please select a different option from within the software before the cut off date or call our Customer Service Centre to make alternative arrangements.
As the full effect and implications of the Act will not become clear for some time, please be assured that we will keep you updated as the situation progresses.
Thank you very much for your patronage at CASINO NAME.
Should you experience any problems or need further assistance please get in touch with our Customer Services Team at support@CASINO NAME.com or call them directly at 1XXXXXXXX. They’re on stand-by to assist.
Need I say more ?