A 13-page U.S. Justice Department opinion on a 50-year-old federal law, known as the Wire Act, appears to allow states to provide online gambling, particularly the expansion of lotteries onto the Internet to cover ...

Beginning June 1, credit and debit card processors must have “reasonably designed policies and procedures” in place to detect if U.S. transactions are tied to bets placed with Internet gambling sites, according ...

As a contingent of House Democrats scramble to push a framework for legalizing and taxing online gambling, Internet poker parlors and other betting sites are bracing for June 1 – the effective date of a 2006 U.S. ...

Three former senior executives from MasterCard are betting that lawmakers will soon regulate legalized Internet gambling here and have set up shop to facilitate wagers as a U.S.-subsidiary for a United Kingdom payments ...

Online poker rooms and other gambling  websites were buzzing today with reports that MasterCard was blocking transactions for placing bets – a move which took some by surprise since U.S. officials last ...

The compliance deadline on rules that would limit credit card and other payment methods on some forms of Internet gambling has been extended by six months, the Federal Reserve and the U.S. Treasury said in a combined ...