Quote:
Originally Posted by sluggger5x
@Ckrafcik
1) Life just got a lot better for Lottomatica, Intralot and Scientific Games shareholders.
2) Life just got a lot more complicated for Caesars and other members of the commercial gaming industry with online ambitions.
3) The
#DOJLetter will probably give rise to some pretty interesting legal opinions from state attorneys general on Internet gaming.
4) Will the
#DOJLetter engender a near-term boom in lottery-run Internet gaming? Historically, lotteries have been very slow to innovate.
Thoughts: (1) Yesterday, Nevada approved final internet poker regulations, accepted operator applications, & going forward w/ intrastate...
(2) Nevada stated they would offer internet poker interstate if fed bill happens or to my recollection if DoJ deemed it ok to do so.
3) Today the DoJ issued a major position memo (very unusual) purportedly in response to online lottery sales in NY, Illinois.
4) DOJ: "the Wire Act does not reach interstate transmissions of wire communications that do not relate to a “sporting event or contest”"
(5) This is great news for all state lotteries wanting to offer online lotto and IMO other non-sports bet items.
(6) So what does that mean for online poker?
@ppapoker issued this statement on this DOJ memo ->
http://theppa.org/press-releases/2011/12/23/press-release-ppa-applauds-doj-ruling-online-poker-does-not-violate-the-wire-act-calls-on-congress-to-act-quickly-to-pass-federal-legislation-12232011/
7) Per
@ppapoker ->memo "overruled the long-held position of the DOJ’s Criminal Division & found Wire Act applies only to sports betting."
8) Doubt NJ too happy but probably not surprised online sportbet singled out in DOJ letter (even citing PAPSA law).
9) Can't think yesterdays NV iPoker announcement then today's DOJ letter a coincidence.
10) In my completely non-legal opinion possibly enough for NV to go interstate poker before fed bill? Interested in what the lawyers think.