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Although gambling on sports is perfectly legal in the United Kingdom and the Isle of Man, two of the companies they licensed to accept bets suffered a major setback by the 3rd U.S. Circuit Court of Appeals in a decision that gives the government the power to seize funds from a New Jersey company that acted as the foreign companies' financial middleman for online bets placed by Americans.
April 22, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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