"Iran’s attorney general recently issued a public notice reminding individuals that the Islamic Republic didn’t tolerate any form of gambling. The official reportedly felt the need to clarify the situation after a number of individuals who’d been arrested for organizing gambling operations claimed that loopholes in Iranian law allowed them to operate so-called ‘prediction’ sites that offered cash prizes to customers who could predict the outcome of sporting events.
The attorney general clarified that gambling online is just as illegal as land-based betting, and setting up an online gambling site is the legal equivalent of opening a land-based gaming house. Anyone who assists in the designing of these sites or hosting their servers is guilty of facilitating illegal gambling activity."
EM1 Price at posting:
10.5¢ Sentiment: Sell Disclosure: Not Held
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