In an address to attendees of CAP Euro recently, Casino City Press CEO Michael Korfman spoke of a scenereo in the U.S. that involves personal checking accounts being scrutinized and closed. According to a report on Gambling 911, he says that banks are already looking into various types of ACH transactions and have the right to close accounts that they feel may be associated with online gambling.

He goes on to say, "this is just the tip of the iceberg and I am afraid things are going to get worse."

On a brighter side, the site reports Korfman as saying that he has been in talks with various state legislators whom are expressing an interest in regulating online gambling. Korfman says that he is sworn to secrecy as to which states he is in talks with, but claims that these are "significant states".

So, to sum it up... Millions of Americans may have their checking accounts and credit cards cancelled for gambling online and there is a good possiblity that the state that you live in is insignificant.