Get exclusive CAP network offers from top brands

View CAP Offers

NFL Lawyer Coughs up Legit Argument Against Regulated Sports Betting

After decades of arguing against regulated sports betting because it might impact the integrity of the game, an NFL lawyer recently coughed up the league's real reason for the war on sports betting. It turns out the league is actually worried that regulated sports betting might overshadow the product they're putting on the field. This…

US Daily Fantasy Sports Update: Delaware, New York and Tennessee

Across the United States, lawmakers are grappling with what should be done about daily fantasy sports. Most state lawmakers agree that something needs to be done but solutions vary widely from state to state. Here's a quick look at lawmakers in Delaware, New York and Tennessee are dealing with daily fantasy sports legislation in their…

California Indian Tribes Call for 10-Year PokerStars Ban

California's powerful tribal interest are dead set on keeping PokerStars out of the Golden State online gambling market. Recently, a seven-tribe coalition called for lawmakers to impose a 10-year ban and a $60 million fine on the online poker behemoth before allowing it to enter the regulated California online gambling market. (The fact that there…

New York State Senate Approves Online Poker Bill

The New State Senate has approved a measure that would legalize online poker in the Empire State. While S-5032 sounds like a victory for the online gambling industry, regulated online gambling is still a long way from becoming a reality for New York State residents. As it stands, S-5032 would allow the state to issue…

JP McManus Battles IRS Over Backgammon Winnings

Irish horse racing magnate and billionaire JP McManus is fighting US tax authorities over how his winnings from an epic 2012 backgammon run should, or should not, be taxed. At issue is approximately $5.2 million of $17.2 million McManus won during a three-day long match with American billionaire Alec Gores. When the backgammon binge was…

Congress Fails to Implement RAWA…Again

Yet another attempt to shut down the US-facing online gambling industry by implementing the Restoration of America's Wire Act (RAWA) by Congress has failed. Earlier this month, lawmakers attempted to quietly insert a RAWA-like amendment into a spending bill that was bound for the House Appropriations Committee. The amendment read: Since 1961, the Wire Act…

Lawmakers Ready to Vote on Atlantic City Bailout

New Jersey lawmakers are getting ready to vote on a $60 million bailout plan for Atlantic City. The proposed measure would buy the troubled casino town a few months of operating costs and avoid a takeover by the state government. If approved, the plan would cover Atlantic City's operating costs for five months, but it…

Daily Fantasy Sports Update: Colorado, Texas and the NBA

The daily fantasy sports industry continues its fight for survival in the US with battles in the Colorado and Texas statehouses. On another front, daily fantasy sports operators lost their bid to advertise on NBA jerseys. Colorado Bill Gets High Profile Supporter In Colorado, lawmakers considering HB 16-404, which would create an office of fantasy…

Oklahoma Indian Tribe Launching International Online Poker Site

The Iowa Tribe of Oklahoma recently received the go-ahead from an Oklahoma judge to launch an online poker site called PokerTribe.com. The tribe's victory comes after months of legal wrangling and represents a major step forward for US tribal gaming interests. At the center of the legal battle was whether hosting an online poker site…

New Jersey Operators Given Leeway in Grey Market Online Gambling

What's the difference between grey market and black market online gambling? That's a question with some very real consequences for US-facing operators and it's one the New Jersey Department of Gaming Enforcement (DGE) recently took on in a memo titled, Impact of Operation in Grey Markets on Suitability for Licensure. Despite its clunky title, the…