
A new DOJ legal opinion states that the 1961 Wire Act is not only applicable to sports betting but also to all forms of online gambling—reversing an opinion it issued in 2011. The issue focuses on the absence of a comma in the section that prohibits “the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest.” The new ruling could become a trigger for major financial institutions to become wary of processing transactions for any domestic online gambling operators.
|
Talk about your failures without apologizing.
—Brené Brown |
|
|
You are receiving this because you are subscribed to CalvinAyre.com |
|
If you want to unsubscribe click here |
|
© 2018 calvinayre.com. All rights reserved. An Ayre Group Property |
|
Like this:
Like Loading...
Related