Justice Department: Online Gambling Illegal Under Wire Act


You alright? I’m sorry, I’m just a little nervous! That’s ok! Don’t worry about it!It’s all good! We’ll just knock it out and you’ll be fantastic! Alright? Alright… Alright here we go… Hey everyone! J.Todd here coming
to you from fabulous Las Vegas… and here’s what’s happening
This Week in Gambling! [MUSIC] HELLO FRIENDS… WELCOME TO THIS WEEK IN GAMBLING WHERE WE
HAVE A LOT TO DISCUSS, AS THE US DEPARTMENT OF JUSTICE HAS REVERSED THEIR OPINION ON THE
WIRE ACT PUTTING AMERICAN ONLINE GAMBLING AND POKER IN JEOPARDY. AT LEAST THAT’S
THE STORY. THIS WEEKS BIG STORY, IN FACT. THIS IS A COMPLICATED ISSUE, SO LET’S BREAK
IT DOWN. NEWS STORIES HAVE CLAIMED THE DOJ DECISION
HAS MADE ALL ONLINE POKER AND CASINO GAMES ILLEGAL IN AMERICA. THAT’S JUST NOT TRUE, AND IT SHOWS THE IGNORANCE
THE MAIN STREAM MEDIA WHO SEEM MORE INTERESTED IN PUBLISHING CLICKBAIT HEADLINES THAN CHECKING
FACTS. IN 1961 THE WIRE ACT WAS ENACTED SPECIFICALLY
FOR SPORTS BETTING. AND IT ONLY APPLIES TO BETS MADE ACROSS STATE
LINES. SO EVEN IF YOU SOMEHOW TWIST THE LAW TO APPLY
TO INTERNET BETTING, IT STILL WOULDN’T STOP STATES FROM REGULATING THE ACTIVITY IN THEIR
JURISDICTION!THERE ARE NOW 8 STATES WITH LEGAL SPORTS BETTING AND THE WIRE ACT HASN’T STOPPED
THAT. SO AS LONG AS THE 4 STATES WITH LEGAL ONLINE
GAMBLING KEEP IT WITHIN THEIR BORDERS, THE WIRE ACT WON’T STOP THAT EITHER! BUT THAT’S WHERE IT GETS A BIT TRICKY. TO REGULATE INTERNET BETTING, STATES WILL
HAVE TO KEEP ALL OF THE ACTIVITY IN THE BORDERS: AGE VERIFICATION, PAYMENT PROCESSING, SERVERS,
ALL OF IT. THAT MEANS NO MORE INTERSTATE POKER… AND NO MORE POOLING PLAYERS IN DIFFERENT STATES
FOR LIQUIDITY… WHICH REALLY SCREWS SMALLER MARKETS PENNSYLVANIA
REGULATORS HAVE SEND OUT WORD THAT OPERATORS NEED TO COMPLY WITH THE NEW OPINION, SO THEY’RE
STILL MOVING FORWARD WITH THEIR ONLINE GAMBLING PLANS. AND REMEMBER, THIS IS JUST THE OPINION OF
THE DOJ… NOT THE FINAL WORD. AT SOME POINT, THERE WILL BE A CHALLENGE TO
THIS BULLSHIT. HOW DID WE GET TO THIS POINT? WHY WOULD THE DEPARTMENT OF JUSTICE GO BACK
IN TIME AND UNDO WHAT HAD BEEN DONE? WELL, REMEMBER WHEN WE DISCUSSED THE MAIN
STREAM MEDIA? ONE PUBLICATION ACTUALLY DID THEIR HOMEWORK,
AND THEY TRACED TO CAUSE OF ALL THIS TROUBLE! THE WALL STREET JOURNAL HAS CORRECTLY REPORT
THAT THERE IS ONLY ONE REASON FOR THE CHANGE OF OPINION. ONE PERSON RESPONSIBLE FOR PUSHING THE DOJ
UNTIL HE GOT HIS WAY: SHELDON ADELSON. THE BILLIONAIRE OWNER OF THE SANDS CORPORATION! WHY WOULD THE OWNER OF THE LARGEST GAMBLING
COMPANY IN AMERICA POP 3 VIAGRA JUST TO GET A HARD ON FOR ONLINE GAMBLING? I MEAN, OBVIOUSLY HE DOESN’T HAVE SOME MORAL
OBJECTION TO CASINOS OR POKER! SO WHAT GIVES? THE ARTICLE FROM THE JOURNAL CORRECTLY POINTS
OUT THAT THE DRIVING FORCE BEHIND ADELSON’S EFFORTS IS SIMPLY PROTECTING HIS LAND BASED
CASINO REVENUE. THAT’S IT! I GUESS 30 BILLION JUST ISN’T ENOUGH FOR THE
GREEDY OLD ASSHOLES. SO, THERE WE HAVE IT. THE JUSTICE DEPARTMENT PLANS TO START ENFORCING
THINGS WITHIN THE NEXT 90 DAYS. SO WE’LL HAVE TO WATCH WHAT THE STATES DO
BEFORE THAT TIME. AND WHAT THE DOJ DOES AFTER THAT TIME. THE ONLY GOOD NEWS TO ALL OF THIS? SHELDON ADELSON IS 85… THAT FAT BASTARD CAN’T LIVE FOREVER. ON A SAD NOTE, WE HAVE TO REPORT THAT PROFESSIONAL
POKER PLAYER GAVIN SMITH PASSED AWAY UNEXPECTEDLY A FEW DAYS AGO. DETAILS WERE NOT RELEASED. ALL WE KNOW IS THAT HE DIED IN HIS SLEEP,
AND HE WAS JUST 50 YEARS OLD. THE GAME OF POKER LOST ONE OF IT’S BEST AMBASSADORS
AND A REALLY NICE GUY. FINALLY THIS WEEK, WE HAVE A NEW GAME REVIEW
TO SHARE WITH YOU FOR THE Diamond Eternity Slot Machine from Scientific Games A GREAT
NEW TITLE FOR THEIR LINE OF Duo Fu Duo Cai JACKPOT GAMES. IT’S ASIAN THEMED AND COMES WITH the Foo Babies
as well as the Diamond Multiplier Symbol during the free spins feature. You can find it on our YOUTUBE. Be sure to Subscribe and click that bell for
updates whenever we publish a new video. Can you teach me to do that? You just got to…
bend your legs a little bit… Like that? Yes. Ok… one of us looks really good
and one of us looks really really stupid. [MUSIC] Please pay at the window.

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