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Future of the Wire Act & Interstate Online Gambling

No one could have foreseen the Internet in 1961. And yet, that year an act was passed to prevent organized crime from taking sports bets over the telephone. Now, nearly 60 years later people wonder if the Wire Act will always be a roadblock to interstate online gambling in America. Whether the Act applies to all forms of gambling (or only sports betting) is currently the subject of a court in the First Circuit. But even ignoring the potential broader ramifications, the antiquated law has already proven itself detrimental to the sector’s growth. So what are the chances of getting...
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