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On 30 September 2006 the US Senate passed the SAFE Port Act which also contains a section referred to as the Unlawful Internet Gambling Enforcement Act of 2006. The new act primarily affects online payment transactions for games of chance, which have been deemed unlawful under US American law, and aims to prevent these by threatening severe punishment, court sanctions and regulatory action. This statute adds a new subchapter to Chapter 53 of the United States Code stating that online games of chance are primarily financed through credit card payments and money transfers and that new enforcement tools have become necessary for the Internet. Not only sports bets, but also games of chance and lotteries, are affected by the bet or wager definition. The law makes payment transactions related to unlawful online games of chance virtually impossible, listing all payment options affected in detail as is customary for US legislation. In addition, § 5367 also contains a provision about the liability of any company or person involved in such transactions. This also applies to operations owned or controlled by someone who accepts unlawful bets and wagers. |