Mastercard Lobbying For Reform Of US Online Bingo Laws

A report has leaked showing that Mastercard spent almost a million dollars lobbying Congress during the third quarter of 2010 - specifically for the reform of US online bingo & gambling laws. It is no secret that Mastercard - and other payment processors - are not fans of the UIGEA which is the recent law passed regulating online gaming in America. This Act places a great burden upon companies like Mastercard to police the actions of their customers trying to prevent them from using Mastercard to made deposits at online gaming venues like bingo sites.

Just because Mastercard is lobbying for reform of this law doesn't mean that they are supporting the legalisation of online gambling in the US. Most likely, they just want to be absolved of the responsibility to ensure their cardholders do not make charges at gaming sites. However, if their lobbying campaign is successful, then it could open the door for legalisation of online bingo within the United States.

So what does this mean for British players? Should bingo be made legal in the US, then there will be a rush of competition for all the new players entering the market. This will cause sites to compete in terms of jackpots and bingo bonuses - which benefits existing UK players. Furthermore, more players equates to larger liquidity which further facilitates increased mega jackpot games. The road towards possible legalisation of bingo in the US will be a long and winding one - check back here at www.wikibingo.co.uk often for breaking news within this saga.

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