Get exclusive CAP network offers from top brands

View CAP Offers

UK Gambling Bill Targets Tax Loophole

[caption id="attachment_34028" align="alignright" width="300" caption="Tax revenue is the measure's main motivation."][/caption] A new UK gambling bill could shake up current licensing and taxation plans for bookmakers in a major way. The Gambling (Licensing and Advertising) Bill would introduce a point of consumption (POC) tax on UK operators and require a UK gaming license for anyone…

Nevada Eyes Sports Betting Expansion

[caption id="attachment_33562" align="alignright" width="276" caption="It sure looks like Wall Street"][/caption] Nevada's legal sports betting monopoly is facing serious competition for the first time in decades and the Silver State isn't taking the challenge lying down. This week state lawmakers are debating a law that would allow investor to pool their money and bet as a…

Ray Bitar to Plead Guilty, Recieve Heart Transplant

[caption id="attachment_33492" align="alignright" width="225" caption="Former Full Tilt CEO, Ray Bitar"][/caption] Former Full Tilt Poker CEO Ray Bitar will be pleading guiltyto charges relating to his role in the fraud case that brought down the American online poker industry. Bitar is in poor health and in need of a heart transplant and that's what motivated the…

Euro Regulators Target Google

Google's privacy policies are under fire from European privacy regulators who aren't happy with the company's one-size-fits-all privacy policy. The move was sparked by Google's decision to implement a European-wide privacy policy, rather than having different policies for each country. Last October the Europeans gave Google three-four months to fix issues with the policy, specifically…

Calvin Ayre Indictment: One Year Later

[caption id="attachment_33219" align="alignright" width="183" caption="How you livin' Calvin Ayre?"][/caption] On February 28, 2012 Bodog founder and all-around bon vivant, Calvin Ayre was indicted on money laundering charges by the US Department of Justice. The indictment claimed that Ayre engaged in money laundering by routing player payments through international processors, circumventing US law against sports betting.…

Cyprus Bank Crisis Impacts Online Gambling

[caption id="attachment_33209" align="alignright" width="274" caption="Cypriots protesting a plan taxing smaller accounts."][/caption] The Cyprus banking crisis has felt pretty far away for most of the world, but it may come crashing down on the online gambling industry. CalvinAyre.com is reporting that several large, US-facing financial processing services and affiliate programs have accounts in the small country's…