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Withdrawl?

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11-12-2008 , 06:08 PM

XraySpeX

grinder

Join Date: Dec 2005 Posts: 544

Sorry if this has been covered... couldn't find anything.

Just wondering if anyone can tell me if this new law still allows us to withdrawl money from poker sites. Will the banks still cash checks that are coming from poker sites?

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11-12-2008 , 06:10 PM

repulse

veteran

Join Date: Jul 2006 Posts: 3,070

The regulations specifically mention that they do NOT apply to withdrawals:

http://www.federalreserve.gov/newsev...20081112a1.pdf
page 13, §___.2(y) Restricted transaction.

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11-12-2008 , 06:10 PM

1p0kerboy

Carpal \'Tunnel

Join Date: Nov 2003 Posts: 11,797

Not only that, but:

http://www.pokerstars.com/legislation/uigea/

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11-12-2008 , 06:11 PM

LetsGambool

banned

Join Date: Jan 2007 Posts: 26,568

I think that Stars UIGEA link has been up since the UIGEA passed though and isn't new news, hopefully someone else can confirm

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11-12-2008 , 06:23 PM

BigAlK

Pooh-Bah

Join Date: Jul 2006 Posts: 3,703

Quote:

Originally Posted by LetsGambool

I think that Stars UIGEA link has been up since the UIGEA passed though and isn't new news, hopefully someone else can confirm

Confirmed in the first response.

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