Originally Posted by LT22
we've already seen evidence of banks trying to close accounts, come June 1st it could become a very serious issue (which is bs since the law clearly states payouts aren't illegal)
Yes there have been a like a dozen account closures and half of them were questionable and could have been closed due to different reasons. Lets just assume that the entire dozen were all closed because of poker, still that number is an incredibly small sample of the total number of cashouts/deposits going through on the regular.
I also believe that not much will change in regards to june 1st. Most banks, i know one of them for certain (gf's bank where she is an auditor) have already implemented UIGEA procedures. I dont think banks are waiting for this magical date to suddenly start cracking down. Maybe some are, but i contest that the major banks have been implementing their UIGEA enforcement for some time now.