Joe Biden, seeking nomination to run for President of the US, believes that the DOJ’s current position on the Federal Wire Act is adding unnecessary restrictions to the gaming industry.
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The Story
The U.S. Federal Wire Act, legislated in 1961 to deter criminal activity and money laundering potentially associated with sports wagers, has been at the center of heated and contentious debate this year when the U.S. Department of Justice decided to extend the scope of the legislation to cover all forms of online gambling –not just sports gambling. The DOJ has been silent on the Wire Act for decades and the current position of the department is seen to have been driven by outside influence, albeit the absence of hard evidence to support the theory. Joe Biden, who is hoping to pick up the nomination to run for President of the U.S. (POTUS) next year, thinks that the DOJ’s current position is wrong. If elected POTUS, the former Vice President could help bring about big changes and put the department in its place. His campaign provided a written statement to CDC Gaming Reports reiterating his position, stating that he “doesn’t support adding unnecessary restrictions to the gaming industry like the Trump Administration has done.”
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CalvinAyre.com’s Rafi Farber weighs in on Boris Johnson’s impact on U.K. gaming and what the business community should focus on after the U.K. elections last week.
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Netherlands-based cryptocurrency mining pool Simplecoin announced that they are shutting down and joins Bottle Pay, a cryptocurrency payment startup, in citing the upcoming Fifth Money Laundering Directive (5MLD) as the reason for the said closure.
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U.K.-listed gambling operator Flutter Entertainment has signed an agreement with EveryMatrix’s Casino Engine to provide the iGaming Integration platform in several regulated markets that include Spain, Italy, Sweden and the U.K.
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Congratulations to Scott Baumstein for winning the Moneymaker’s Road to PSPC Florida! Fred White lost a coinflip with pocket threes to Baumstein’s ace-ten, allowing the latter to take home US$ 22, 311 + $30,000 Platinum Pass.
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Take a chance! All life is a chance. 
