Title 31 — Money and FinanceRelease 119-73

§5363 Prohibition on acceptance of any financial instrument for unlawful Internet gambling

Title 31 › Subtitle SUBTITLE IV— - MONEY › Chapter CHAPTER 53— - MONETARY TRANSACTIONS › Subchapter SUBCHAPTER IV— - PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING › § 5363

Last updated Apr 6, 2026|Official source

Summary

People who run betting or wagering businesses must not knowingly take payments that are for someone’s unlawful online gambling. This bans credit (including credit cards), electronic transfers or money sent by money‑transfer companies, checks or similar bank instruments, and other kinds of financial transfers that the Treasury secretary and the Federal Reserve Board later define when a bank or financial middleman is involved.

Full Legal Text

Title 31, §5363

Money and Finance — Source: USLM XML via OLRC

No person engaged in the business of betting or wagering may knowingly accept, in connection with the participation of another person in unlawful Internet gambling—

(1)credit, or the proceeds of credit, extended to or on behalf of such other person (including credit extended through the use of a credit card);

(2)an electronic fund transfer, or funds transmitted by or through a money transmitting business, or the proceeds of an electronic fund transfer or money transmitting service, from or on behalf of such other person;

(3)any check, draft, or similar instrument which is drawn by or on behalf of such other person and is drawn on or payable at or through any financial institution; or

(4)the proceeds of any other form of financial transaction, as the Secretary and the Board of Governors of the Federal Reserve System may jointly prescribe by regulation, which involves a financial institution as a payor or financial intermediary on behalf of or for the benefit of such other person.

Reference

Citations & Metadata

Citation

31 U.S.C. § 5363

Title 31 — Money and Finance

Last Updated

Apr 6, 2026

Release point: 119-73