In a shock move the US has passed the Unlawful Internet Gambling Enforcement Act over the weekend making life almost impossible for gambling Web sites. WebmasterWorld affiliates are discussing the ramifications “What could change now is that operators stop taking bets from U.S. players because they don’t want to run afoul of the U.S. government. If that happens, it could be that nobody goes to jail, but that affiliates’ livelihoods are ruined (many operators too, probably) ” says MichaelBluejay in this thread.

The stock market was hit hard too with shares of PartyGaming, Sportingbet and 888 Holdings plummeting and wiping out $7 billion of market value. Wow that’s a lot of money! The U.S. accounts for around 1/2 of the $12 billion Internet gambling market and now the US considers the industry illegal. Lots of big stories about it onGoogle News if you want to find out more.

*Advertising Disclosure Policy*