New Jersey, Pennsylvania AGs fight new DOJ opinion

New Jersey Attorney General Gurbir Grewal and Pennsylvania Attorney General Josh Shapiro opposed the new opinion of the U.S. DOJ that stated that the 1961 Wire Act applies to other forms of gambling beyond sports betting. The attorneys-general urged DOJ to “withdraw its opinion altogether” or defer making any actions against companies and individuals involved in online gaming. The new DOJ opinion, if strictly enforced, could spell trouble for the thriving online gambling space in New Jersey and Pennsylvania.
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6th January 2019
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Attorneys-general, state lotteries protest DOJ’s Wire Act rethink
The stakes are too high to lose

The Story

New Jersey Attorney General Gurbir Grewal and Pennsylvania Attorney General Josh Shapiro opposed the new opinion of the U.S. DOJ that stated that the 1961 Wire Act applies to other forms of gambling beyond sports betting. The attorneys-general urged DOJ to “withdraw its opinion altogether” or defer making any actions against companies and individuals involved in online gaming. The new DOJ opinion, if strictly enforced, could spell trouble for the thriving online gambling space in New Jersey and Pennsylvania.

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FEATURED VIDEO
London Conference Week 2019 Day 2: ICE

London Conference Week 2019 Day 2: ICE

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RAFI’S MARKET
Sands China’s debt shuffle, not a Ponzi scheme, but structurally similar

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CalvinAyre.com’s Rafi Farber raises a controversial position: that Sands China’s rolling of its debts is akin to a Ponzi scheme.

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FROM COINGEEK.COM
Japanese banks scrap peer-to-peer payments, focusing on crypto instead

Japanese banks scrap peer-to-peer payments

Three large banks in Japan are developing a blockchain-powered system that would facilitate money transfers between users based on their mobile phone numbers.

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GLOBAL ROUND UP
ASIA
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Landing Int’l warns investors it will book a net loss for 2018
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BUSINESS
Taiwan Sports Lottery has record year thanks to World Cup
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EUROPE
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NORTH AMERICA
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PRESS RELEASE

Fire & Ice Thanks a Rock Legend and a Super Group

Before the iGaming elite party like rock stars on Wednesday, the organizers of Fire and Ice want to thank Rock industry legend Krusher Joule for his contributions to the event.

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SHOUT OUT
Congratulations to Tony Aquila for being appointed as the Global Chairman of the Sportradar Group Board! Aquila is the founder, Chairman and CEO of Solera Holdings, Inc., and a holder of more than a hundred patents.
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