Online Gambling Law - Nelson Rose Interview Part 2 - The UIGEA and Current Legalities

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Online gambling law expert I. Nelson Rose discussed the current legal state of sports betting online in the U.S. in Part 2 of his interview with SBRtv.

He briefly answered questions about the UIGEA, the Wire Act, and the difference between state laws and Federal laws.

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• Nelson Rose
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[SBRdotTV]

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[dreamextreme7]

@uvu157

I echo the same question as uvu157.. Does anyone have a response??!!

[uvu157]

So if these people play the sportsbook online and win a large chunk of money, in the thousands, how do they accept the money? Wouldn't they have to report it to the IRS on their tax returns or face tax fraud? And if they reported it would they not be arrested?