WASHINGTON (Reuters) - While the Internet poker world salivates at the prospect of its business coming back to life thanks to an Obama administration ruling, a future U.S. president could reverse that decision and send the industry back to the drawing board if it is not codified into law.
Late on Friday, the eve of Christmas weekend, the U.S. Justice Department's Office of Legal Counsel issued a legal opinion stating that the 1961 Wire Act prohibited online betting only for sporting events and contests, not Internet games such as poker or lotteries.
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