Unlawful Internet Gambling Funding Prohibition Act

[AI summary unavailable — showing source text] Unlawful Internet Gambling Funding Prohibition Act - Prohibits any person engaged in the business of betting or wagering from knowingly accepting in connection with the participation of another person in Internet gambling: (1) credit; (2) electronic fund transfers or funds transmitted by or through a money transmitting business; (3) any instrument drawn by or on behalf of another and payable through any financial institution; or (4) the proceeds of any other form of financial transaction involving a financial institution as payer or financial intermediary on behalf of another person. Grants Federal district courts exclusive jurisdiction to prevent or restrain violations. Sets forth civil and criminal penalties. Limits relief granted against an interactive computer service. Specifies circumstances for the liability of any creditor, issuer, institution, operator, business, network, or participant or any interactive computer or telecommunications service. Requires the Secretary of the Treasury to prescribe regulations requiring designated payment systems to establish policies and procedures designed to identify and prevent restricted transactions. Calls for the United States, in delib…