Online Gambling Explosion

Information Week’s March 29 article on online gambling is a must-read. It provides an excellent summary of the major events in the industry over the last few years, and contains some interesting insights into where the industry may be headed in the near future.

Tidbits from the article:

  • Online gaming appears to nearing its pre-UIGEA levels.
  • A U.S. court has ruled that the Wire Act of 1961 — the law on which the U.S. government bases much of its online gambling policy — only applies to online sports betting.
  • The UIGEA makes it explicitly legal for states to regulate online gambling that may occur within their borders.
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