U.S. Online Gambling

Posted: Mon Dec 26, 2011 2:45 pm U.S. Online Gambling

http://news.yahoo.com/gambling-gets-boost-obama-administration-113418228--spt.html

Posted: Mon Dec 26, 2011 2:58 pm (No subject)

Obama OK's online gambling in states
By: Tim Mak
December 26, 2011 09:19 AM EST

Merry Christmas to the online gambling industry.

The Obama administration has cleared the way for states to legalize online poker and other forms of virtual gambling with the release of a new interpretation of the law, reports the Associated Press.

The Justice Department opinion, dated September but only released Friday, holds that the Wire Act of 1961 does not make it illegal for states to use the internet to sell lottery tickets to adults.

Previously, the Justice Department has held that wagers through telecommunications that cross state lines or international borders were illegal.

The question at issue in the Justice Department’s decision was confined to whether states like Illinois and New York could sell lottery tickets online to in-state adults, but the principles behind the DoJ’s decision has wide-ranging effects throughout the industry.

The Justice Department said that the “ordinary meaning of the phrase ‘sporting event or contest’ does not encompass lotteries,” which sparks a precedent in interpretation that could free up states to legalize other forms of virtual gambling.

“The United States Department of Justice has given the online gaming community a big, big present,” said I. Nelson Rose, a gaming law expert who consults for governments and the industry, according to the AP.

The new decision would eliminate “almost every federal anti-gambling law that could apply to gaming that is legal under state laws,” Rose wrote on his blog.

If a state were to legalize intra-state gambling, “there is simply no federal law that could apply,” given the new decision, he said, according to the AP.

I just read this woohooo, this sure does looks promising.

Posted: Mon Dec 26, 2011 3:45 pm (No subject)

Hi,

Woohoo just finished doing my happy dance.. Jump

after reading this..

This is fantastic news and quite promising..Lets keep our fingers crossed..

SC Smile

Posted: Mon Dec 26, 2011 5:59 pm (No subject)

hi gang , my puter has been messses up but i did manage to get Email to GENO address, so mabe he can post the letter this is a real breakthrough, HAPPY NEW yr. all ty josie46

Posted: Mon Dec 26, 2011 6:02 pm (No subject)

PS< check CNBC for articles, ty josie46

Posted: Mon Dec 26, 2011 6:46 pm (No subject)

thanks for the news Smile

Posted: Mon Dec 26, 2011 7:13 pm (No subject)

Hi,

Josie I forwarded Geno a copy of this thread..ty for doing it also..

SC Smile

Posted: Mon Dec 26, 2011 8:03 pm (No subject)

ty, Sister, this was the best hope we have had in a while, they sliped it in with the Port Bill yrs ago, maybe theill slip the startup with anorthe bill ty, josie46