Thoroughbred racing group expects other card issuers to follow suit
But that left this crucial question: For years, the thoroughbred association and other horse-racing groups have argued that the federal Interstate Horseracing Act takes precedence over the Federal Wire Act, which prohibits online betting, Waldrop says. The Interstate Horseracing Act allows interstate wagering on a legal, regulated race in the state where the race is run and in the state where the bet is placed. The merchant code arose to account for the differentiation between the two laws, he says.
Will other card issuers enter the race and allow ADW betting with their cards? A Payments Journal piece about the largest U. Right now, Chase is in front of this issue by a nose…. The offers that appear on this site are from companies from which CreditCards. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories.
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