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    US tries its luck easing online gambling stand

    20.05.12

    Despite a new crackdown on Internet gambling this week, the US government appears to be easing its stand on many forms of online betting, prompting states to swing into action to tap a new revenue source.

    The turnabout by Washington came quietly in December when the Justice Department released an opinion stating that only sports betting should be prohibited under a 1961 federal law known as the Wire Act.

    This opens the door to online poker, which is hugely popular on the Internet, and possibly other casino games along with state lotteries, say analysts.

    The opinion is a marked reversal from Washington, which previously maintained that all online wagering aside from horse racing was a violation of US federal law -- a stand which prompted a complaint at the World Trade Organization.

    Ken Adams, a Nevada-based gaming industry consultant, said the opinion was "quite possibly the most important event of 2011 for the gaming industry... theoretically creating a legal path for all other forms of wagering on the Internet."


    Source: Turkish Press