No one could have foreseen the Internet in 1961. And yet, that year an act was passed to prevent organized crime from taking sports bets over the telephone. Now, nearly 60 years later people wonder if the Wire Act will always be a roadblock to interstate online gambling in America. Whether the Act applies to all forms of gambling (or only sports betting) is currently the subject of a court in the First Circuit. But even ignoring the potential broader ramifications, the antiquated law has already proven itself detrimental to the sector’s growth. So what are the chances of getting…

Press of Atlantic City – Legislation proposed earlier this year could pave the way for Internet gambling to spread from New Jersey across state lines, state Assemblyman John Amodeo told a conference of gambling leaders and regulators Tuesday. The bill that could see action after November, Amodeo said, would allow the hardware and software involved in Internet gambling to be located outside of Atlantic City casinos, provided the equipment is still within the resort’s borders. That opens up the possibility of the state hosting a central hub for multistate online gaming. The state could sell rights to run programs out…