At the recent Global iGaming Summit and Expo (GiGSE) in San Francisco held April 23-26 this year, two of the biggest topics on just about everyone’s lips were social gaming and online gambling. No matter who chimed in, and regardless what organization they represented, most of the 680 delegates who convened to discuss the emerging iGaming market in the USA agreed on one thing … online gambling is headed to the social gaming market. With twice as many attendees as 2011, the discussion of online gaming and gambling is heating up at the highest levels.
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Bovada Enters USA Gambling Market
Bovada is the new USA online gambling platform for Bodog, and was developed for USA players exclusively. Bodog began alerting business affiliates that they intended to separate their USA and non-USA player traffic in the fall of 2010, with their new Bovada brand launching towards the end of December. Previous USA Bodog customers found that their accounts had been seamlessly moved over to the Bovada brand, and all they had to do was log in and it was business as usual. Another thing that remained the same is the banking suite, which features the same USA friendly deposit methods that Bodog offered, including Visa, Money Transfer, Rapid Transfer and MyPaylinQ.
Doj Modifies Interpretation Of Wire Act
Well it seems that even the DOJ can get into the holiday spirit as they gave the online gambling arena a rather nice gift on Christmas Eve in their decision to redefine precisely what type of gambling is prohibited by the 1961 Wire Act. The previous and long standing position of the DOJ regarding the Wire Act was that it prohibited all types of online gambling, including online poker. They have recently changed that position, and have determined that the Wire Act only prohibits online sports betting. If you had a quiet moment on Christmas Eve, you may have heard the delighted online gambling enthusiasts expressing their excitement, bringing the United States one step closer to legalized online gambling laws on a federal level.