Online Gambling Tax Laws
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When the Unlawful Internet Gambling Enforcement Act (UIGEA) became a reality in 2006, it changed the online casino USA industry. Fortunately for American casino fans, there are still various online casinos to choose from if you’re living in the United States. Here at CasinoTop10, you'll find an extensive list of casinos which accept transactions from American-based players and that have been tested and approved by our staff.
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The US Federal government did, however, pass the Unlawful Internet Gambling and Enforcement Act (UIGEA) back in 2006 and although this new legislation didn’t outright ban or make online gambling illegal, it did make it illegal for the banking establishments and other financial institutions to process transactions between players based in the United States and online gambling websites.
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Before 2006 there were no legal limits for online gambling; however in 2006, the then president George Bush enacted the SAFE Port Act which also incorporated restrictions for online gambling in the United States. The gambling law, Title VII of the SAFE Port Act is known as the ‘Unlawful Internet Gambling Enforcement Act of 2006’ – more commonly referred to as UIGEA.