Is The US Ready To Put Its Bets Online?

Law360, New York (January 12, 2012, 1:07 PM EST) -- The online gaming industry received a welcome message from the U.S. federal government when the U.S. Department of Justice reversed its interpretation of the Interstate Wire Act of 1961, which the DOJ previously held to prohibit all forms of online wagering, including online poker and casino services. In a legal opinion released Dec. 23, 2011, the DOJ concluded “that the Wire Act prohibits only the transmission of communications related to bets or wagers on sporting events or contests.” The DOJ opinion is available here.

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