I’m kind of new to this and am trying to find out if they’re going to come after the advertisers in the US. After reading about the supboena, I was wondering why the websites would be illegal but I hear radio advertisements for sports betting all the time. Anyways, in searching for information I ran across this story. It appears to be related to the website case as the same court called on Clear Channel also.
Reuters
Justice Dept. questions Clear Channel gambling ads
Friday November 7, 8:41 am ET
NEW YORK, Nov 7 (Reuters) – Clear Channel Communications Inc.(NYSE:CCU – News), said in a filing that the U.S. Justice Department asked for information related to gambling advertisements run on some of its stations.
The U.S. Attorney for the Eastern District of Missouri issued a subpoena on Sept. 9 for Clear Channel to testify before a grand jury in relation to ads from “offshore and/or online (Internet) gambling businesses, including sports bookmaking and casino-style gambling.”
Clear Channel said it is cooperating with the Justice Department in the inquiry.
Shares of Clear Channel closed at $42.17 on Thursday.