The Justice Department indicated many forms of online gambling could become legal under federal law in a sweeping opinion that appeared to reverse long-held policy and potentially opens important new business opportunities for companies seeking to profit from Internet wagering.
In a letter dated in September but posted on its website Friday, the department's Office of Legal Counsel said it determined that the Federal Wire Act—the 1961 law that had been interpreted to outlaw all forms of gambling across state lines—applies only to "a sporting event or contest."
That could open up opportunities for states to legalize Internet ...
The Justice Department indicated many forms of online gambling could become legal under federal law in a sweeping opinion that appeared to reverse long-held policy and potentially opens important new business opportunities for companies seeking to profit from Internet wagering.
In a letter dated in September but posted on its website Friday, the department's Office of Legal Counsel said it determined that the Federal Wire Act—the 1961 law that had been interpreted to outlaw all forms of gambling across state lines—applies only to "a sporting event or contest."
That could open up opportunities for states to legalize Internet ...
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