LL supporting RW Online Gambling???

If you venture over to Nimrod Yaffle you can now bet on real world sporting events, and you thought online gambling was illegal. NOT at the new Nimrod Yaffle parcel which is also full of dead traffic from campers. How is this not illegal and a major concern for LL since I can convert RW dollars to Lindens then bet on RW sporting events and then convert my winnings back to RW dollars?! This completely circumvents the new laws prohibiting online gambling. Any response LL?

As indicated in the Terms of Service, section 1.2...
Linden Lab generally does not regulate the content of communications between users or users' interactions with the Service. As a result, Linden Lab has very limited control, if any, over the quality, safety, morality, legality, truthfulness or accuracy of various aspects of the Service.

Please also read Section 1.4 which indicates that Linden Dollars are made available as a Limited License Right and not an actual currnecy...
You acknowledge that the Service presently includes a component of in-world fictional currency ("Currency" or "Linden Dollars" or "L$", which constitutes a limited license right to use a feature of our product when, as, and if allowed by Linden Lab. Linden Lab may charge fees for the right to use Linden Dollars, or may distribute Linden Dollars without charge, in its sole discretion. Regardless of terminology used, Linden Dollars represent a limited license right governed solely under the terms of this Agreement, and are not redeemable for any sum of money or monetary value from Linden Lab at any time.