US Social Sites Duck Federal Betting Concerns

Jay Stuart, 01/04/2008
GamblingCompliance Ltd.

Regulatory interest in pools betting in the United States has intensified with the explosion of activity on social networking sites such as Facebook during the NCCA College Basketball tournament, set to end next week. But while the site’s owners may face FBI scrutiny, observers doubt the political will exists to pursue what are essentially non-gambling businesses, however conspicuous they may be.

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