Description
Understand what risks confront gambling businesses operating on the internet.The Unlawful Internet Gambling Enforcement Act was passed in 2006, but its implications are finally coming to light in 2022. The Act exemplifies the precarious balance between Federal and state rights. Congress could not outright ban gambling, so it has been left to the individual states to decide what, if any, gambling is legal within their territory. As a result, there is currently a morass around what is permitted and where. This course will explore the history of the UIGEA, its interplay with related federal statutes, such as the Federal Wiretap Law and the Professional and Amateur Sports Protection Act, its exceptions, enforcement, and types of gambling affected, from fantasy sports to online sports betting to online casinos and lotteries.
Date: 2022-08-02 Start Time: End Time:
Learning Objectives
What Is It?
• 2006 Federal Law Affecting Online Gambling
• Bet or Wager: The Staking or Risking of Something of Value Upon the Outcome of a Contest of Others, a Sporting Event, or a Game of Chance, Upon the Agreement That the Person (or Another Person) Will Receive Something of Value in the Event of a Certain Outcome
What Does It Do?
• Effectively Prohibits Online Gambling If Online Gambling Is Illegal in State
• By Prohibiting the Use of Financial Instruments for Unlawful Internet Gambling
Significant Exemptions
• Securities
• Insurance
• Personal Efforts or Points/Credits at Risk Only
• Fantasy Sports
• Team Educational Game or Contest
• Bet Made Exclusively Within a Single State and Betting Is Legal in That State
Enforcement
• Civil and Criminal • by U.S. Attorney
• Fine and/or Imprisonment up to 5 Years
• Permanent Injunction
History
• 9/11 • Internet Gambling Funds Terrorists Concern
• First and Only U.S. Law to Address Internet Gambling
Related Laws
• Federal Wire Act
• PASPA (Professional and Amateur Sports Protection Act)
Types of Gambling Affected
• Fantasy Sports
• Sports Betting
• Online Casinos Legal
• U.S. Online Lottery Legal
• Online Poker Legal
Advertising
• 1999: Greater New Orleans Broadcasting Assn v. U.S., 527 U.S. 173 (1999) Fed Statute That Prohibited Some Broadcast Advertising of Lotteries and Casinos Violated First Amendment
The Future
• States With Active Sports Betting Legislation: CA, GA, HI, KY, MA, MN, MS, NE, OK, SC
• Children Protection
• Online Gambling
Questions and Answers
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,NALA ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Rob Laplaca-Verrill Dana, LLP
