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 – Last week, … Read more
The current DraftKings app may not be compliant with the Interstate Wire Act. DraftKings will have to move its “wallet server” from New Jersey to West Virginia. The necessary delay should take only a few weeks. CHARLESTON, W.V. –West Virginia’s rollout of mobile sports betting … Read more
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 interpretation to … Read more
OH HB 194 had its second hearing in the House Finance Committee. The meeting helped ensure sports betting would follow the Wire Act. Rules were also added to prevent money laundering. COLUMBUS, Ohio – A Ohio sports betting bill had its second hearing on Thursday … Read more
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 enforceable by … Read more
Online platforms would put sports betting closer to one-third of all Pennsylvania residents. Pennsylvania sportsbooks had to reorganize plans after a DOJ statement on the Wire Act The launch is expected to happen before July The Pennsylvania Gaming Control Board (PGCB) has released an expected … Read more
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) interpretation of … Read more