Shining American Moments in Online Gambling History
The Christmas Gift
You’ve heard the old expression, “Never look a gift horse in the mouth,” right? Well that’s what the online gambling industry did when the Department of Justice reversed their interpretation of the Federal Wire Act of 1964, on December 23, 2011.
The new look Wire Act was cool with every kind of online gambling except sports betting (because legal sports betting might cause millionaire athletes to throw games – but that’s another story). In one quick moment the Feds put the decision to legalize online gambling in the hands of the states, thus ushering in a new age of regulated online gambling in the US.