The DOJ’s new Wire Act opinion has created a cloud of uncertainty over the US gambling industry.
The highly controversial opinion overturns one from 2011 which limited the scope of the Wire Act to sports betting. Under the new interpretation, the 1961 federal law extends to all forms of online gambling.
According to one of the most distinguished gaming lawyers in the world, the new opinion is highly flawed, and any attempt at strict enforcement would dismantle not only the online gambling industries in several states, but possibly state lotteries and the horse racing industry.
Online Poker Report had the opportunity to speak with Anthony Cabot, Distinguished Fellow in Gaming Law at UNLV, to get his take on the newly minted Wire Act opinion. He discusses the potential impact on horse racing and state lotteries.
You can read more on Mr. Cabot’s perspective on the DOJ’s new Wire Act opinion at Online Poker Report.