Bodog.com Penalized Again

The online casino Bodog.com is being penalized again for processing payments in the United States. According to the Unlawful Internet Gambling Enforcement Act, there shall be no money transferring from any financial institutions to an online gambling website, with the exception of fantasy leagues, horse racing and online lotteries. After a two year investigation by an agent working undercover for the US Government and a long legislation process $24 million were seized from payment processing companies affiliated with the online casino.

Not to worry, players were refunded all of their money fully after the ban took place. As said by the Chief Executive Officer of Mohawk Gaming Group, Alwyn Morris, the players were paid “fully and safely”. In the game of online casinos outsourcing payment is very common. Morris says that the online casino industry is only being chastised because of the United States unsteady legalities.

The agent that was heading up this investigation submitted an affidavit in favor of seizing the money from the online casino because they are allegedly still processing money through the United States. He even went as far as to name the companies that they were using to process funds from the online casinos: EGALOO, Direct Channel LLC, dba ZipPayments.com, ZAFTIG Instantly Processed Payments Corp.

How did he figure it out? The agent was working undercover as an online casino player for Bodog.com and gambled over $3500 in two years. He even claimed winnings of $1500 by Mercantile Bank but the check bounced. The company later replaced the check for his online casino winnings.