by Andy Faust | Jun 10, 2019 11:47 am | Sports Betting
The Wire Act has been ruled to apply strictly to sports betting, pending appeal. This ruling allows gamblers and gaming operators the economic benefit of shared liquidity. Shared liquidity would help reduce the cost and risks associated with sports betting. LAS VEGAS...
by Michael Molter | Jun 4, 2019 4:13 pm | Regulatory
Judge Paul Barbadoro from the New Hampshire District Court reviewed the Wire Act this time around. Vastly different opinions derived from the Department of Justice in both 2011 and 2018. The DOJ has the opportunity to further the challenge, taking the Wire Act...
by Hasan Nabulsi | May 15, 2019 12:09 pm | Regulatory
The Wire Act of 1961 was originally written into law to cripple mob organizations from running crooked sportsbooks. Earlier this year, the Wire Act was reinterpreted to include all interstate gambling – not just sports betting. The new Wire Act opinion is not...
by Andy Faust | Feb 20, 2019 9:37 pm | Regulatory
CONCORD, N.H. (Feb. 20, 2019) – In the wake of PASPA’s Supreme Court overturn, states are more bold in asserting their rights when it comes to gambling laws. However, one major federal anti-gambling law still exists, and a new Department of Justice (DOJ)...
