At the end of December, the Department of Justice changed its stance on the Wire Act of 1961 and said that it only applies to sports betting, which means the online gambling and online poker field is wide open. Now, to understand some of what were seeing on ABC News and other news media - the DOJs reversal didnt make online gambling legal in the United States. They just made it not already illegal on a Federal level. That means that states can pass online gambling legislation without violating federal law. And many of them are already on their way to doing so, particularly where online poker is concerned. Nevada is already issuing licenses for online poker. N
Sheldon Adelson is best known for his role as chairman and CEO of Las Vegas Sands Corp. Earlier this week, he spoke out as an opponent to the legalization of online gambling. As you can imagine, this upset many people, including those interested in playing online, affiliate marketers, and rival companies.