BioTube wrote "The law over here bans ALL transfer of assets to ALL online for-cash gambling operations. It WAS targeted at foreign operations, considering that such things have been illegal over here since before then."

Assuming he's talking about the USA he's wrong. Inter-state gambling has always been illegal, but several states have intra-state online gambling. In other words the authorities have no problem with online gambling per se. The targeting of foreign gambling sites is simple protectionism.