Federal Wire Act
11
MENTIONS
6
EPISODES
6
PODCASTS
Search complete. 11 mentions across 6 episodes found for "Federal Wire Act".
Oct 21, 2026
Mike PalmGUEST
The
Pauly HowardHOST
fall of the Wire Act.
Pauly HowardHOST
Maybe this was it.
Mike PalmGUEST
Maybe.
David JoyHOST
My own exposure, Justin, was we work with some of our customers who are also betting and gaming leaders in the space.
David JoyHOST
I had no idea there was this protocol in America called the Wire Act Protocol that meant that any transaction related to gaming has to be within that particular state and cannot leave.
David JoyHOST
So Cockroach would come in and solve this problem beautifully because we could have a global cluster and we could run anywhere.
David JoyHOST
Even used to have cloud providers like AWS used to have data centers and things like that, but it was not available in every region.
Justin CosnettGUEST
So obviously everyone sees the need for elasticity in cloud and how that can have a massive advantage.
Justin CosnettGUEST
But the challenge is also meeting those regulatory requirements.
Justin CosnettGUEST
The Wire Act, you're absolutely right, imposes some restrictions.
Justin CosnettGUEST
It does give states the freedom to run their own regulatory environment, and it obviously helps them in terms of tax.
Mitch MossHOST
fall
Pauly HowardHOST
of the Wire Act.
Pauly HowardHOST
Maybe this was it.
Mike PalmGUEST
Maybe.
Steve RuddockGUEST
So they, uh, US operators had to put their servers in Pennsylvania even if they already had servers in New Jersey for Pennsylvania-launched online casino.
Steve RuddockGUEST
And that was because there was this slight fear that the Wire Act would be brought up and then there would be a problem with where the servers were located.
Steve RuddockGUEST
So the law was written in one way, but the regulator's like, "No, it has to be here."
Scott WilsonHOST
Mm-hmm.
BiancaHOST
Yes.
BiancaHOST
On pages 21 through 26, the petition explicitly asks the Supreme Court to clarify how this Federal commodity jurisdiction interacts with federal gambling laws like the Wire Act and PASPA.
LexHOST
Oh, PASPA.
BiancaHOST
The Professional and Amateur Sports Protection Act.
Captain Jack AndrewsGUEST
The other thing is, is the court system has always ruled about the business of gambling.
Captain Jack AndrewsGUEST
The business of betting, actually, is actually a term within the Wire Act.
Captain Jack AndrewsGUEST
And the business of accepting this wager on a prediction market is far different than a sports book.
Captain Jack AndrewsGUEST
I'm preaching to the choir here because eve- all of your listeners understand that the operations behind a prediction market and the operations behind a sports book are vastly different, vastly different components.
Captain Jack AndrewsGUEST
And now we're starting to get a split there in terms of what constitutes gambling and what constitutes the business of betting, and there's an opening there.
Captain Jack AndrewsGUEST
You know, I'm crazy, Jeff.
Captain Jack AndrewsGUEST
I feel like we can avoid the Supreme Court by rewriting the Wire Act.
Captain Jack AndrewsGUEST
And the Wire Act from 1961, Bobby Kennedy, the first Bobby Kennedy, is definitely an outdated piece of legislation, and it needs to be updated, needs to be re-thought.