When the Unlawful Internet Gambling Enforcement Act was passed in 2006, it had a profound impact on the online poker industry. The Act made it illegal for US banks to process transactions for online gambling sites, and this had a devastating effect on the industry.
Many poker sites were forced to close their doors, and many players were left without a place to play.
The US government has never been a fan of online gambling, and they have been cracking down on the industry for years. In 2011, they shut down the three largest poker sites in the world – Full Tilt Poker, PokerStars, and Absolute Poker.
PRO TIP:Online poker was banned because it was viewed as a form of gambling, which is illegal in many states and countries. Additionally, poker sites have been accused of money laundering and other fraudulent activities. As a result, online poker is now illegal in most jurisdictions.
This was a huge blow to the industry, and many players were left without a place to play.
So why did online poker get banned? There are a few reasons. First, the US government has always been opposed to online gambling.
Second, the passage of the Unlawful Internet Gambling Enforcement Act made it difficult for US banks to process transactions for online gambling sites. And third, the shut down of the three largest poker sites in the world dealt a devastating blow to the industry.
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