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Navigating Social Media Legal Risks: Safeguarding Your Business by Robert McHale

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Appendix O. The Unlawful Internet Gambling Enforcement Act of 2006

(31 U.S.C. §§ 5361–5366)

image Note

{§ 5361 intentionally omitted}

§ 5362. Definitions

In this subchapter:

(1)     Bet or wager.—The term “bet or wager”—

(A)    means the staking or risking by any person of something of value upon the outcome of a contest of others, a sporting event, or a game subject to chance, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome;

(B)    includes the purchase of a chance or opportunity to win a lottery or other prize (which opportunity to win is predominantly subject ...

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