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US Online Gambling Ban Knocked October Traffic

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November 15 - According to leading Internet audience measurement and analysis firm, Nielsen//NetRatings, traffic to online gambling websites dropped dramatically in October this year after President Bush signed the Unlawful Internet Gambling Enforcement Act of 2006 into law.

Web traffic statistics supplied by Nielsen/NetRatings showed that the number of American-based unique visitors to online gambling websites dropped by 56 percent compared with the previous month (September 2006).

The Unlawful Internet Gambling Enforcement Act of 2006 (UIEGA) was passed by Congress largely due to the fact that it was 'sneakily' attached to a ports security bill, and thereafter signed into law a few days later by the President.

UIEGA effectively bans US banks and credit card companies from processing online gambling-related payments, making it extremely difficult as well as illegal for American online gamblers to gamble online.

However, Nielsen/NetRatings stats also showed that despite the knock to online gambling website traffic in October this year, the month still showed a 19 percent increase over the same period last year, showing the steady growth of the online gambling industry.

While analysts predicted that many American online gamblers would skirt the ban, the majority of large online gambling companies have stopped accepting wagers from US-online gamblers.

Online gambling websites tracked by Nielsen/NetRatings included UltimateBet.com, PartyPoker.com and Sportsbook.com.

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8/29/2008 9:05:35 AM
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