A Breath of Fresh Air for the Gaming Space

Amid the NCAA college basketball tournament, and the "March Madness" bracket contests, it seems a worthy moment for an online-gaming update.

Congress banned the practice in 2006, using the 1961 Federal Wire Act to block related financial transactions via banks and other intermediaries. This has allowed for inter-office or even nationwide March Madness wagers, so long as no money officially changes hands. So far, the law's authors feel it has worked well, and an intense twirl of political and business interests -- including casinos, Native American tribes and religious conservatives -- will block any effort to repeal the ban anytime soon....647 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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