Final answer:
The 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) is a law in the United States that aimed to regulate and limit online gambling activities.
Step-by-step explanation:
The 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) is a law in the United States that aimed to regulate and limit online gambling activities. The law prohibits financial institutions from knowingly accepting payments related to unlawful online gambling. It also requires financial institutions to put in place policies and procedures to prevent such transactions.
For example, the UIGEA made it illegal for online casinos to accept payments from US residents using credit cards, debit cards, or electronic fund transfers.
The primary goal of the UIGEA was to address concerns about the potential for fraud, money laundering, and addiction associated with online gambling, especially when it comes to underage individuals accessing gambling websites.