('bwin.party' or the 'Company' and, together with its subsidiaries, the 'Group')
Pre-Close trading update
New bank facility
Ø Overall trading in the 11 weeks since 30 September 2013 has been in-line with management's expectations
Ø The partypoker/Borgata network is the leading poker network in the newly regulated New Jersey market according to data from Pokerscout.com
Ø US marketing and related launch costs of €7-10m to be incurred in 2013, in-line with previous guidance
Ø Including US-related costs, Continuing Clean EBITDA1 margin for the year ended 31 December 2013 is expected to be between 16% and 17%
Ø Outlook remains positive for 2014: new product launches, continued mobile expansion, prospects for further growth in the US and increased betting volumes during the FIFA World Cup
Ø Simon Duffy to step down as Chairman at the 2014 AGM
Ø New £50m revolving credit facility provided by Royal Bank of Scotland
Since the end of September 2013 the Group’s performance has been in-line with management’s expectations with 52% of average net daily revenue coming from nationally and/or taxed markets2. Gross win margins in sports betting have remained strong, with betting volumes slightly lower reflecting a reduced sporting calendar during the international series of football matches in November. Mobile remains an important channel representing approximately 25% of sports average daily net revenue in the period. An all-new version of our sports mobile product went live in Spain on 16 December and will be rolled out to our other markets during the first half of 2014.
In poker, revenues have grown since the introduction of our new poker client that is now available to approximately 65% of our customers, as well as from the launch into New Jersey where our network is the market leader based on the number of cash game players according to data from Pokerscout.com. Our iOS applications for poker and casino are ready to launch in New Jersey as soon as they receive the requisite approval from the regulator which we hope will be received shortly.
Casino has also benefited from the launch into New Jersey and with a much improved mobile offer in our core markets in Q1 2014, we expect to see further casino growth through this channel.
Bingo net revenue has improved versus the previous quarter with a steady recovery in performance in both the UK and Italy while Spain remains relatively small.
Including US marketing and launch-related costs of between €7m and €10m in the current year (of which €1.5m was expensed during the first half of 2013), it is expected that in the year to 31 December 2013 Continuing Clean EBITDA margins for the Group will be between 16% and 17%, assuming a normalised gross win margin in sports betting between now and the end of the year.
Simon Duffy, Non-Executive Chairman, has informed the Board that he does not intend to stand for re-election at the Company's next AGM to be held in May 2014, allowing plenty of time for the independent Directors to conduct a formal search process for his successor.
Commenting on today's announcement, Simon Duffy said:
"By the time I depart the Board in May next year I will have served as bwin.party's Chairman for more than three years. As Non-Executive Chairman I was tasked with overseeing the integration of bwin and PartyGaming following the announcement of their merger in 2010 and I am pleased to say that many of the strategic objectives positioning bwin.party for future growth have now been achieved. The most recent milestone was the successful re-entry into the United States with the launch of real money gaming poker and casino services along with our partner in New Jersey, the Borgata Hotel Casino and Spa.
"The Group has faced numerous challenges over the past three years, but most of them are now behind us and I am confident that, under the leadership of Norbert Teufelberger, bwin.party is well-placed to return to growth by capitalising on its strong market position, leading brands and proprietary technology."
New bank facility
The Group, via one of its UK subsidiaries, has secured a £50m multi-currency revolving credit facility provided by Royal Bank of Scotland. The facility will be used for general corporate purposes and has a term of three years with full repayment at maturity.
The full year results for the year ending 31 December 2013 will be announced on 13 March 2014.
Jöö wenn bwin neue Zahlen veröffentlich ...dann hat es in der Vergangenheit immer eins bedeutet.....um es freundlich auszudrücken "es gibt wieder schöne Einstiegskurse" ,-)....aber diesmal ist es sicher anders.....
die AnalystBwin.Party Digital Entertainment’s “Buy” Rating Reaffirmed at Numis Securities Ltd (BPTY)
Posted by Max Byerly on Dec 16th, 2013 // No Comments
Bwin.Party Digital Entertainment logoBwin.Party Digital Entertainment (LON:BPTY)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a research note issued on Monday, Analyst Ratings.Net reports. They currently have a GBX 200 ($3.26) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 73.91% from the stock’s previous close.
A number of other firms have also recently commented on BPTY. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Bwin.Party Digital Entertainment in a research note to investors on Tuesday, November 26th. They now have a GBX 145 ($2.36) price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Bwin.Party Digital Entertainment in a research note to investors on Tuesday, November 19th. They now have a GBX 99 ($1.61) price target on the stock. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 150.07 ($2.45).
Shares of Bwin.Party Digital Entertainment (LON:BPTY) opened at 116.50 on Monday. Bwin.Party Digital Entertainment has a one year low of GBX 100.80 and a one year high of GBX 159.50. The stock has a 50-day moving average of GBX 123.8 and a 200-day moving average of GBX 123.6.
bwin.party digital entertainment plc (LON:BPTY) is a holding company
Ich weiß nicht, ob das Feindbild Teufelberger als Erklärung für die in der Tat äußerst unbefriedigende Kursentwicklung ausreichend ist. Er trägt natürlich die Verantwortung. Aber vielleicht ist das auch nur eine Not-Erklärung, weil es keine andere - zumindest keine bereits bekannte - einleuchtende Erklärung gibt.
Law and Regulation
House Sub-Committee Hearing on “The State of Online Gaming” Will Examine Barton Bill
HR2666 will form part of the agenda at a House of Representatives hearing on December 10.
US House of Representatives Subcommittee on Commerce, Manufacturing, and Trade will hear evidence on internet gambling at a hearing on December 10.
Gage Skidmore, Attribution-ShareAlike 2.0 Generic
By Jocelyn Wood
December 04, 2013
Daily Poker News Review: Wednesday, December 04, 2013 December 05, 2013
Witness List Released for US House of Representatives Hearing: “The State of Online Gaming” December 09, 2013
Regulation in Review: US July 18, 2013
Regulation in Review: US December 06, 2013
The US House of Representatives Subcommittee on Commerce, Manufacturing, and Trade will hear evidence on internet gambling at a hearing on December 10.
The hearing, entitled “The State of Online Gaming” will also examine H.R. 2666, “The Internet Poker Freedom Act.” Poker Players Alliance (PPA) Board member Rich Muny told PocketFives that the PPA had been invited to give evidence.
Also on the agenda is the DOJ’s re-interpretation of the Wire Act and a discussion of the “regulatory landscape.” Following the DOJ Wire Act climb down, US States quickly took the initiative on online gambling. H.R. 2666 attempts to restore a Federal level legal framework, within which States would have considerable latitude of action.
Republican Congressman Joe Barton sponsored the latest bill after his previous attempts to get support for federal legislation floundered in the increasingly polarized US political environment. He remains optimistic about this bill’s chances: “it’s not a question of if my bill happens, it’s a question of when.”
The US legislative process requires many reviews, votes and hearings, of which this sub-committee is only a small—but significant—part. Now that, New Jersey, Nevada and Delaware state coffers are starting to fill with gaming tax revenues, federal politicians may look on with envy and try to secure a piece of the pie for the national government.
Ob der Teufelberger daran schuld ist wage ich zu bezweifeln! Irgendwie sieht es so aus, als würde es immer weiter bergab gehen, obwohl es eigentlich in letzter Zeit keine negativen sondern vorwiegend positive Nachrichten aus dem Online Casino Markt für Bwin ( quelle: http://www.online-casino.de/ ) insbesondere in den USA gab. Muss man nicht wirklich verstehen...
Spieler in nj 200 schnitt und ca 500 max am tag ...entspricht ca 10% von der Hauptseite, mit mehr war wohl auch nicht zu rechnen..denke bis zu den nächsten Quartalzahlen wird sich beim Kurs nicht viel tun...
PS.:Das es bessere für den Posten als den Teufelserger gibt ist wohl ununmstritten...aber wie wird man den los?
Teufel und bodner hätten letztes monat in Fra vor Gericht erscheinen sollen. waren wohl zu arrogant um den rechtsstaat zu aktzeptieren und sind der Verhandlung ferngeblieben. ob dieses verhalten der firma langfristig zum Vorteil gereicht ??
natuerlich stimmt das. sie sind nicht erschienen. zweitens finde ich nur den CEO untragbar. drittens hast du offensichtlich die Entwicklung von Bwin nicht verfolgt.... also mal lesen dann melden ;) soll dir helfen solche Fehler in Zukunft zu vermeiden.also alle Fakten bei mir sind immer korrekt
pular Economic Inequality On Campus
Lists The Business Of Hockey
Video Top Charity Exec Pay
12 Stocks to Buy for 2014
Nathan Vardi, Forbes Staff
Following the money trail
12/11/2013 @ 12:23PM |4,987 views
New Jersey Suspends Review Of PokerStars' Online Gambling License
Screenshot of the Pokerstars GUI (the "cl...
Screenshot of the Pokerstars GUI (the “classic” theme) at a real money table (Photo credit: Wikipedia)
The New Jersey Division of Gaming Enforcement has suspended the review of PokerStars’ application for an online gambling license for two years, locking the world’s biggest online poker company out of the largest state to regulate online gambling. The decision is a big setback for PokerStars’ effort to return to the U.S. market, but New Jersey regulators are leaving the door open to reconsidering PokerStars’ application under certain circumstances.
“The Division of Gaming Enforcement has determined that the application of Rational Services Limited (PokerStars) casino service industry licensure (CSIE) will be held in a suspended status for a period of two years,” the New Jersey Division of Gaming Enforcement said in a statement. “The Division, within that period, may consider a request for relief to reactivate the application if significantly changed circumstances are demonstrated at which time the Division’s investigation of PokerStars and its affiliated entities and associated individuals will be resumed to assess suitability.”
The stated reason for the New Jersey Division of Gaming Enforcement’s decision is PokerStars’ continued association with its founder, Isai Scheinberg, who remains under federal indictment. Federal prosecutors in Manhattan indicted Scheinberg in 2011 for violating the Unlawful Internet Gambling Enforcement Act and the Illegal Gambling Business Act, but Scheinberg, who is not a U.S. citizen, has not come to the U.S. to face the charges. He recently hired former U.S. Attorney General Michael Mukasey as his lawyer.
Sheldon Adelson Says He Is 'Willing To Spend Whatever It Takes' To Stop Online Gambling Nathan Vardi Nathan Vardi Forbes Staff
“The Division’s determination is based primarily on the unresolved federal indictment against Isai Scheinberg for the alleged violation of federal gambling statutes, namely, the Illegal Gambling Business Act and the Unlawful Internet Gambling Enforcement Act (UIGEA), and the involvement of certain PokerStars executives with Internet gaming operations in the United States following the enactment of UIGEA,” the New Jersey DGE said in its statement.
New Jersey is the most important state to have launched online gambling since the Department of Justice in late 2011 reversed its position that all forms of online gambling were prohibited by the Wire Act, freeing up states that wanted to set up regulatory regimes for all forms of Internet gambling other than sports betting.
For years, PokerStars operated the most popular U.S. facing online poker web site, but federal prosecutors shut down its U.S. operations in 2011, partly by accusing the company of violating UIGEA, a law Congress passed in 2006 that remains in effect. PokerStars settled the civil charges the government filed against it by paying $731 million and as part of the deal Scheinberg resigned from a direct management role at PokerStars. Scheinberg continues to work for the company as an advisor and is officially called a PokerStars fellow.
“We are disappointed that the N.J. Division of Gaming Enforcement has suspended the review of our application at this time,” Eric Hollreiser, a PokerStars spokesman, said in a statement. “We note that the DGE will resume the review of our application if our circumstances change. We will remain in open dialogue with the DGE and will update them on changes in our situation as they occur.”
PokerStars has worked hard to come back to the U.S., but for now will be shut out from New Jersey as other big U.S. casino companies like Caesars Entertainment CZR +1.03% and MGM Resorts MGM -1.29% build their online businesses and brands in the state without having to compete directly against the world’s most powerful and popular online poker brand. Caesars recently spun off a company that has ownership in its online gambling assets, Caesars Acquisition Corp., which trades on Nasdaq. Caesars, MGM and the other groups pursuing online gambling in the U.S. still need to counter billionaire Sheldon Adelson, the chief executive of Las Vegas Sands LVS -0.08% who has vowed to “spend whatever it takes” to stop online gambling in America.
Atlantic City Posts Positive November Casino Revenue
by John Mehaffey on December 10, 2013
Like this story? Share it!
Atlantic-City-CasinosThe New Jersey Division of Gaming Enforcement posted casino revenue for November. Gross revenue from casino floor operations came in at $224.7 million, up 27.9 percent from November 2012. The net change can be attributed to the closure during Hurricane Sandy in 2012 and an additional Saturday in November 2013 compared to 2012.
Of the 12 Atlantic City casinos, 11 posted positive gaming revenue last month against its November 2012 figures. The only loser was Trump Plaza, posting just $4.8 million in casino revenue in November, down 2.6% over 2012. Trump Plaza has seen its revenue drop 27.5% over last year’s numbers during the first 11 months of this year. The struggling casino places last in Atlantic City in terms of gaming revenue. For the year-to-date, the casino has earned one-third the gaming revenue of Golden Nugget, which places 11th in the market. Golden Nugget posted $10 in gaming revenue last month, more than double that of Trump Plaza.
Atlantic Club came in ninth place for the month. It is expected to be sold through an auction on December 17th. A $25 million bid has been set, according to the Associated Press. Borgata continues its dominance in Atlantic City. It took in $20 million more in November gaming revenue than its closest competitor.
Online poker and casino games debuted last month in New Jersey. The earnings from this activity is not included in the November casino gaming report released by the New Jersey Division of Gaming Enforcement. These figures are expected to be disclosed in the next release on January 10, 2014.
November Gaming Revenue by Property/Percent Change
Borgata 50.8 million +18.9%
Harrah’s $30.2 million +20.1%
Caesars $24.4 million +29%
Tropicana $18.5 million +44.5%
Trump Taj Mahal $$18.3 million +8.6%
Bally’s $18.2 million +20.1%
Revel $14.6 million +133.9%
Showboat $13.7 million +19.2%
Atlantic Club $10.9 million +44.7%
Resorts $10.3 million +43.8%
Golden Nugget $10 million +10.4%
Trump Plaza $4.8 million -2.6%
The Big Story: New Jersey Online Gambling Sites Launch. Details
The Big Story: New Jersey Online Gambling Sites Launch. Details
Cantor Gaming App Causing Trouble for Adelson Camp
John Mehaffey Dec.11, 2013 1:49:PM
The Cantor Gaming app advertised on the Venetian website came up during Tuesday’s House subcommittee hearing that discussed the Poker Freedom Act. The hypocritical position of opposing online gaming while at the same time allowing Cantor Gaming to advertise its mobile apps on the Venetian and Palazzo websites was mentioned by committee members.
The Venetian and Palazzo are owned by Las Vegas Sands. Sheldon Adelson is Chairman and CEO of Las Vegas Sands. Andy Abboud, Senior Vice President of the company, was a witness at this hearing.
Rep. Jan Schakowsky (D-IL) first brought up the connection between Las Vegas Sands and Cantor Gaming, a tenant that provides mobile betting through its Venetian and Palazzo sports books. After making the connection, Rep. Schakowsky stated “It feels to me a little hypocritical”. The issue came up again when Rep. Joe Barton, the sponsor of the bill, showed slides of the Venetian website that included promotional material for these apps.
What are these Cantor Gaming Apps Being Mentioned?
Cantor Gaming offers two different mobile products. There is a casino game app that allows players to wager on casino games through a mobile device as long as they are on the host property. The app only works while the device is on a resort serviced by Cantor Gaming.
A more popular app among Nevadans is the Cantor Gaming Sports app. It allows players to place wagers on sporting events anywhere in Nevada on a phone or tablet. This gives players the convenience of placing sports wagers without having to visit the brick and mortar sports book to buy the ticket and redeem winning ones. This has become popular among locals that often avoid casinos, especially ones on or near the Strip serviced by Cantor Gaming. Players must make the account in person and deposit with cash at a Cantor Gaming sports book.
Cantor Gaming is not the only company that offers online and mobile sports betting. Station Casinos, South Point and William Hill all offer this service through affiliated brick and mortar sports books. While Cantor requires players to enter their property to make a cash deposit, William Hill will send a runner to pick up deposits of $500 or more, according to its website. Station Casinos accepts Visa and Mastercard for deposits and also offers a website for placing sports wagers.
Who is Cantor Gaming?
Cantor Gaming is a well respected sports book in Nevada. It is owned by Cantor Fitzgerald, a global financial services company located in New York. The company entered the Nevada market in 2006 claiming to accept any sports wager. Floyd Mayweather has bragged about his large bets with Cantor Gaming via Twitter over the years, including a $1 million bet against Tim Tebow in 2011 placed at the M Resort.
Some players have reported being backed off by Cantor Gaming in the past year. Prominent sports bettor Billy Walters told Betting Talk in September that his big action was still accepted and that big players “better pray that Cantor Gaming doesn’t go away”.
Cantor Gaming brought mobile gaming to Nevada. It seems apparent that Cantor supports online and mobile betting. Their relationship with Las Vegas Sands is strictly tenancy at Venetian and Palazzo, where it operates Lagasse’s Stadium, arguably the most prestigious sports book in Las Vegas.
While online poker advocates and House committee members have been quick to point out the hypocrisy of Las Vegas Sands allowing mobile apps on its properties, the apps are legal and widely used in Nevada.
Cantor Gaming did not respond to a request for comment.
ich versuche nur zeigen, dass nicht alles so negativ ist, wie es in momment ausschaut. Wenn die liberalisierung in USA halten wird, b.w. forgesetzt wird, dann sollte der aktien kurs wieder rasch steigen. Laut meiner infos ist der start in NJ sehr positiv und darum konnte man die jetzige negative kurs entwicklung mit einer kursmanipulation verbinden? Ich vermute, dass die nächsten 6-9 monaten werden die entscheidung bringen.
objektivler- es kann noch muhsam sein, aber die online entwicklung in den USA scheint auf dem guten weg zu sein...
Was Hr.Adelson betrifft, es erinnert mich auf die argumentation von Casinos Austria...:) nur - er scheint mir noch ein grösserer "gauner" zu sein, ich habe sein lebenslauf gelesen...
Ich hoffe nur, dass durch die hilfe von poker werden auch die bilanzen von Bwinparty wieder besser. Wenn es im 2014 gelingt, dann werden auch die aktionäre erleichtet... sonst droht der firma wirklich eine ubernahme.
bravo wac. hast sicher in der dritten leistungsgruppe in deutsch zu deiner hauptschulzeit ne eins gehabt ;) frohes we. und heute in einer woche sieht man sich bei sub110 dann Richtung 99. genauso wie von mir letztes Monat prognostiziert. da klopft man sich doch gerne auf die Schulter ;)
hagman, auf alle falle ist deutsch nicht meine mutter sprache, was offensichtlich fur manche hier ein problem ist. Wie du richtig vermutest, ich kann mich in mehreren sprachen verständigen/ wenn der wille von der gegenseite vorhanden ist:)/
Ich finde es nicht wichtig, von wo ich schreibe/ genauso interessiert micht nicht, von wo f.e. die Casinos Austria anhänger ihre unkorrekte informationen verbreiten:)?/
Ich schreibe auf diesem forum darum, dass ich sebst die Bwinparty Aktien besitze und ich glaube, dass ich über die firma ganz gut inoformiert bin. Leider habe ich hier soviel unwarheiten, "halbwahreiten" und negatives gelesen, dass ich versuche der "kollegen", die so wie ich noch ihre aktien besitznen auch etwas positives zu berichten. Und das obwohl hier auch solche leute vertreten sind, die sich über jedes misserfolg der firma freuen und für die eine pleite der firma möglicherweise das "grösste glück" in ihrem leben bedeuten würde....:(
Ich gebe zu, dass mir der jetzige kurs auch nicht gefällt und nach dem die firma die lizenze bekommen hat, habe ich eine andere kursentwicklung erwartet. Trotzdem glaube ich nach wie vor, dass die situation kein grund zur panik sein sollte. Meine erwartungen habe ich zwar mitterweile etwas nach unten revidiert, obwohl ich es immer noch für möglich halte, dass der kurs uns alle positiv überraschen kann. Ich erlaube mir aber zu sagen, dass selbst dann, wenn die entwicklung nicht so sein wird, wie ich es mir wünsche, glaube ich trotzdem, dass ich meine aktien ohne verlust verkaufen kann. Nur zur info: meinen gesamten anteil habe ich mit einem "mischkurs" ca 140 pencen gekauft. Naturlich ware es schöner, wenn ich mit einem kurs über 200 pencen verkaufen konnte...:)
Enthalte mich hier ansonsten jeglicher nicht bwin betreffender Kommentare, das aber muss gesagt werden: So mancher Deutsch-Muttersprachler könnte froh sein, hätte er ein Deutsch wie der Nicht-Muttersprachler wac!
Diese Information betrifft Bwinparty nur "indirekt". Ich finde sie aber wichtig und in momment positiv.
Wake-Up Call |
Press Releases |
Back Room |
State Street Wire
Caputo Hails PokerStars Ban but Urges Continued Vigilance
By Tom Hester | December 13th, 2013 - 3:19pm
Share on facebook
Share on twitter
Share on favorites
Share on print
More Sharing Services
Caputo Hails PokerStars Ban but Urges Continued Vigilance
(TRENTON) – Assembly Democrat Ralph R. Caputo (D-Essex) on Friday praised the state Division of Gaming Enforcement’s decision to bar PokerStars from conducting Internet gambling in the state for two years.
The division cited an unresolved federal indictment against company founder Isai Scheinberg. Caputo had called for the division to reject the company’s plans.
“This is the right thing to do for the integrity of New Jersey’s gaming industry,” Caputo said. “PokerStars has a sordid history of criminal accusations, and we cannot risk New Jersey’s reputation as a place where gaming is enforced diligently..."
To read more, please visit the New Jersey General Assembly Democratic Office Web site.
The Big Story: New Jersey Online Gambling Sites Launch. Details
Online Gambling Opponents’ Flawed Wire Act Argument
John Mehaffey Dec.13, 2013 2:46:PM
There seems to be some confusion about the Wire Act in the U.S as it pertains to online gaming. Some of the misunderstanding is coming from opponents of online gambling that are using the December 2011 Department of Justice (DOJ) opinion and a possible future reversal as ammunition to further their cause.
That DOJ opinion was in reference to state lotteries that were asking to use the Internet to sell lottery tickets and had concerns about using payment processors and other online services outside of the home state. The DOJ opinion clarified that the Wire Act only applied to sports betting.
Today’s online gambling opponents like to reference this decision as if it changed the world of online gambling. Online gambling was already approved and live in Nevada when this opinion was released and it was not online poker. Online and mobile sports betting, specifically ruled illegal under the Wire Act, was thriving in the only state where single game wagering is legal.
How was this possible?
The official name of the Wire Act is the Interstate Wire Act. The law covers exactly what it implies; interstate betting. It starts with this text:
Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.
There is not much ambiguity there and it seems clear to laymen that the Wire Act only covers interstate sports betting. There was some debate about this under previous administrations, but one thing that was agreed on by all is that intrastate gambling is not covered in any way. This was evidenced at the time in Nevada.
Nevada apps and websites available before Wire Act opinion released
Several Nevada companies launched sports betting apps and websites before the December 2011 DOJ opinion was released. These were all approved by the Nevada Gaming Control Board.
American Wagering, later acquired by William Hill, launched the first Nevada sports betting app in August 2010. Station Casinos launched its Sports Connection website in 2010 and later rolled out an app. In October 2011, Cantor Gaming introduced its sports app that could be used anywhere in Nevada. Cantor had been offering in-game betting on devices within its properties since 2009.
Cantor Gaming launched its PocketCasino product in January 2010. According to a press release, this product was initially available only on the Venetian and Palazzo properties.
One threat that came up during Tuesday’s committee meeting is that Congress might pass a law to ban online gambling that would affect anything already in place or the DOJ could reverse course and suddenly decide the December 2011 opinion was invalid. Both of these seem implausible.
Assuming the Nevada apps and websites were not flaunting the Wire Act, and there is no evidence that they were, it seems obvious intrastate online gaming is not covered by the law. At this point, only three states have regulated online gambling and it is all intrastate so any change of opinion in the Wire Act would not affect these games or any similar ones that are live at the time.
A change in federal law or DOJ opinion may change any interstate compacts at the time, however, there is precedent in grandfathering states when a federal gambling law is enacted.
The Professional and Amateur Sports Protection Act (PASPA) of 1992 halted the spread of sports betting in the U.S. It gave an exemption to Delaware, Montana, Oregon and Nevada. These states offered sports betting before PASPA was enacted. It also gave states one year to legalize sports betting provided casinos were legalized for at least ten years in the state. This carve-out was tailored for New Jersey, which failed to legalize sports betting at the time.
New Jersey is now challenging PASPA in an attempt to allow sports betting in the state. The case will be heard by the Supreme Court in the near future. New Jersey lost previous rulings on the way to the nation’s highest court. Four states have filed amici curiae (“friends of the court”) briefs in support of New Jersey’s right to legalize sports betting.
Any attempt by Congress or the DOJ to interfere with existing gaming is certain to find its way to through the court system, especially if intrastate gambling is targeted. Let us not forget the National Governor’s Association, which opposes any restriction taking away a state’s right to offer online gaming.
A change in DOJ opinion would have little effect on existing interstate gaming. Nothing will not happen without a fight. If there was a threat, the DOJ might end up in a situation it has always seemed to avoid; a legal precedent on Internet gambling.