Virtual reality has emerged to be described as the technology of the future. But now that VR has taken a huge step forward in improving the livelihood of everyone. People are now using it for communication, entertainment. However, other people are concerned that it may pose a high potential for addiction which is not quite good for the livelihood of humans. In that regard, other people are now using it to overcome their dependencies. How Virtual Reality Therapy Works For online gamblers who are suffering from gambling addiction. It is now very necessary for them to go through VR therapy….

The Department of Justice has claimed that its revised stance on the 1961 Wire Act did not address the legality of interstate and online lotteries, with a review into the matter ongoing. The claim, supported by a memo from Deputy Attorney General Rod Rosenstein, suggests that the DoJ is still examining whether state lottery operations should fall under the Wire Act’s jurisdiction. As a result, the Department claims that there are no grounds for a legal challenge, which should therefore be dismissed. Rostenstein’s memo states that Department of Justice attorneys should refrain from enforcing the revised Wire Act stance, which…

The road on the Wire Act lawsuit began on Thursday, as arguments were heard regarding the Department of Justice opinion on the Wire Act. In what came as a surprise to no one, the DOJ tried unsuccessfully to have the lawsuit dismissed during arguments. Most experts saw this coming after a memo issued earlier in the week by Deputy Attorney General Rod Rosenstein. He tried to put the kibosh on the New Hampshire Lottery lawsuit by stating the new opinion of the Wire Act did not include state lotteries. Judge Paul Barbadoro, who was overseeing Thursday’s arguments, did not agree…

Did you know that your gambling winnings in the UK are tax-free? You will never be taxed when you make a bet, nor will you ever have a proportion of your winnings taxed. There’s also no need to report your winnings; whenever you win a sports bet or a casino game, you get to keep 100% of the amount stated. Instead of taxing the players, the UK government has decided to tax only the operators of UK online casinos. Not great news if you were planning to open a casino, but it’s fantastic for any gambler looking to play at…

Scientific Games has grand plans for a social gaming IPO. The company filed an initial public offering (IPO) application with the U.S. Securities and Exchange commission (SEC). The company stated that it has filed for what they will call “SciPlay”, and that it will be traded on the NASDAQ Global Select Market Exchange under the symbol “SCPL.” SGs social gaming arm revolves around free to play games, the company earns revenue by offering in-game items that can be purchased by players. SGs gross revenue from social gaming was over $400 million in 2018, a growth of 15% from a year…

The executive director of the New Hampshire Lottery Commission, Charles McIntyre, said he expects a decision on their Wire Act lawsuit before the end of May, even as arguments in the case begin in about a week. The justice system can sometimes move slowly, but McIntyre predicts a fairly quick resolution. He stated that he expects Judge Paul J. Barbadoro to render his decision before the end of May. “In a statutory issue,” McIntyre said. “There’s a lot of things to look at. We’re talking about a law passed pre-internet. Most laws have been updated to reflect technology, and this…