Internet Gambling

Commercial Accounts and the Unlawful Internet Gambling Enforcement Act (UIGEA)

The UIGEA was signed into law in 2006 and its intents are to restrict unlawful wagering via internet gambling sites through blocking them from making payments to finance their wagers.

Due to this law and meeting the compliance deadline of December 1, 2009, the K-State Credit Union is informing its membership that transactions that are restricted under the UIGEA are prohibited and should not be processed through theses commercial accounts.