PlayNow.com Has to Take a Day Off
Sunday, August 29th, 2010PlayNow.com is an online casino that first entered the market just a short while ago. It was the first casino in North America to offer legalized casino games. There was a huge release of information on the move because of the change. Remember that gambling in the US has varying rules but online gambling is not legal. Since the 2006 UIGEA, or Unlawful Internet Gambling Enforcement Act, online gambling has not been allowed. The UIGEA banned financial institutions from accepting transactions that were involved with online gambling. They tasked the banks with searching for, flagging and denying online gambling activities. This was horrible news for banks because it meant that they would be the ones who had to take on the added cost of manpower to police every transaction. They had to do a lot and if they failed, were threatened with fines from the government and the seizure of moneys involved. That added cost and the fear of fees made banking executives even more staunch when looking for gambling transactions and many even swept other gambling-related activities that should have been allowed, under the same umbrella as gambling.
Of course now opening a casino that offers online gambling is a huge deal to online gaming operators. PlayNow.com was set to be one of the first to enter the market, but had to shut down due to a software issue. After just one day – and not even a full day—of online operations, PlayNow.com had to shut its doors to manage the technical problem it had. Though the problem was not detailed, it reportedly had a lot to do with online security the information people shared in their accounts. This kind of breach of security is a big deal in the world of online gambling because of the potential dangers. Not only do companies have to be careful with security, but now it is even a more important. With the growing number of online gamers it is going to be highly important for all online casinos to shore up their rules and protect not only their own positions, but the gamers who log into their systems.

