When the UIGEA was enforced way back in 2006, there was a lot of misinterpretation and misunderstanding of the act. Some were of the opinion that online gambling was totally banned, but the act actually emphasized that online gambling transactions were banned, and USA casino deposits processes were disallowed from transacting with US online casino players. In the event of any of the above circumventing the law, the results would be prosecution and the like.
Now a study commissioned by a Canadian newspaper states that a number of US residents who were fooled into believing that there was a federal law against online gambling, is now declining in number. The number of residents who were laboring under this mis-apprehension was around 41% in 2007, and now the number had dropped to 37%. This was confirmed by a survey conducted by Ipsos Reid, which are known for their accurate statistics. It is quite obvious that US residents are becoming more aware that though the DoJ claims the Wire Act, it is only relevant to sports betting and not to online gambling.
Another study also proves that half of the US residents prefer government regulation of online casinos, while 55 percent prefer federal regulations, and another 45% state that each state should individually craft their own rules and regulations. With so much of ambiguity in understanding and interpreting the online gaming law in the US, the residents are hopeful that Barney Frank’s bill will soon be passed, which will be an answer to all their concerns and doubts, and the residents of the US could gamble online freely with no restrictions. As of now, Americans feel more comfortable playing wagering games, and will gamble extensively when there is a system of government regulation in place.