Unlawful Internet Gambling Funding Prohibition Act

Internet Gambling Funding Prohibition Act - Prohibits any person engaged in a gambling business from knowingly accepting in connection with the participation of another person in Internet gambling: (1) credit, or the proceeds of credit, extended to another (including credit card extension of credit); (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 another; (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 payor or financial intermediary for another.(Sec. 3) Prescribes judicial guidelines under which the Federal district courts exercise exclusive jurisdiction to prevent or restrain violations of this Act. Provides for civil and criminal penalties, including a permanent injunction against wagering.Shields certain financial intermediaries from liability for either unknowing involvement or unknowing use of their facilities in: (1) any credit transaction, electronic fund transfer, or money transmitting service; or (2) drawing, paying, transferring, or collecting a check or draft instrument. Cites exceptions for knowing participation in a gambling business.(Sec. 4) Expresses the sense of Congress that the Federal government, in deliberations with another country on money laundering, corruption, and crime issues, should encourage enactment and enforcement of laws to prevent Internet gambling and the use of financial payment and transfer systems to facilitate such gambling.Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of each international financial institution to oppose any loan, disbursement, or other utilization of resources by such institution, other than to address basic human needs, for any country that the Secretary determines: (1) permits a high level of participation in, and the use of the financial payment and transfer systems to facilitate, Internet gambling by U.S. citizens and residents; and (2) is not effectively implementing measures to limit such participation and systems use.(Sec. 5) Amends the Federal Deposit Insurance Act to provide that if an appropriate Federal banking agency determines that an insured depository institution is engaged in activities proscribed under this Act, such agency may issue an injunction against the violator.