Get exclusive CAP network offers from top brands

View CAP Offers

CG Technology catches $2 million fine from Nevada Gaming Commission

CG Technology was hit with a $2 million fine from the Nevada Gaming Commission (NGC) for a variety of sloppy regulatory and operational errors that have dogged the sports betting operator for years. Along the way, company officials managed to insult commissioners with a low ball counteroffer that practically laughed out of the room. CGT's…

Is Sheldon Aldelson Changing His Tune on Legalized Sports Betting?

Is Sheldon Adelson softening his stance on regulated sports betting inside the United States? If a recent editorial in the Adelson-owned Las Vegas Review-Journal is any indication, the answer to that question is a soft, "yes." Late last week, the Review-Journal posted an article titled, Reports calls for end to federal ban on sports betting.…

Nevada Loses Gambling Tax Crown to Pennsylvania and New York

Move over Nevada, there's a new gambling tax revenue king in the United States of America, Pennsylvania. The Keystone state is now besting the Battle State by more than $500 million in revenue, according to a recent report from the American Gaming Association (AGA). Pennsylvania's popular casinos brought in more then $1.38 billion in tax…

Former NBA Commissioner Tells G2E: Sports Betting isn't So Bad After All

In an address at this week's Global Gaming Expo, former NBA Commissioner David Stern voiced his support for end to the US prohibition on sports betting. Stern's support for a regulated US sports betting industry is a big boost for proponents of regulated sports betting and it came with a major dose of common sense.…