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What are the regulations that enable Youbet.coms operations?

April 26, 2017enable operations regulations youbet.com

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What are the regulations that enable Youbet.coms operations?

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Pari-mutuel horse racing is the only legal online wagering opportunity in the U.S. with specific exemption to federal law allowing companies to offer online advanced deposit wagering (ADW). Pursuant to the Interstate Horse Racing Act pari-mutuel wagering is legal, and according to the Federal Interstate Wire Act one can wager via the Internet if such wagering is deemed legal by the residents home state. While all of Youbet.coms handicapping content is accessible worldwide, we currently accepts wagers from 37 of 53 U.S. jurisdictions excluding Alaska, Arizona, Colorado, Georgia, Hawaii, Kansas, Mississippi, Missouri, Nevada, New Jersey, North Carolina, Puerto Rico and the U.S. Virgin Islands, South Carolina, Utah, and Washington D.C.