May 27, 2014

The U.S. Sees the Return of Online Gaming

The passage of the federal Unlawful Internet Gambling Enforcement Act in 2006 banned processors and banks from any handling of online-gaming transactions. The major turning point for online gaming came with the interpretation of the 1961 Wire Act in December 2011. The U.S. Department of Justice released a memo with the interpretation of the act being that it applied only...