Tag Archives: Gambling

Online Sports Wagering? Don’t Bet On It

Online Sports Wagering? Don’t Bet On It

On October 30, Pennsylvania Governor Tom Wolf signed House Bill 271, a gaming expansion bill that legalizes, among other things, online sports betting in Pennsylvania. Wolf’s signature comes a week after the state legislature passed the bill, which legalizes and regulates daily fantasy sports, online gambling, and sports betting. The bill includes a steep 36% […]

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Nationwide Sports Gambling? Bet On It.

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The Professional and Amateur Sports Protection Act (PASPA) of 1992, also known as the Bradley Act, expressly prohibits sports betting nationwide with four exceptions: Oregon, Delaware, Montana, and, most notably, Nevada. Nevertheless, gambling remains an enormous industry, with the American Gaming Association estimating that “as much as $90 billion would be wagered on the NFL… season” […]

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New Jersey Argues State Sovereignty for Sports Gambling

Photos taken at Las Vegas.

Former U.S. Solicitor General Ted Olson has brought New Jersey’s fight to legalize in-state sports gambling to the U.S. Supreme Court. According to the Wall Street Journal, Governor Chris Christie first attempted to legalize sports betting in New Jersey in 2012, but when the courts struck down that law, he signed a new 2014 law […]

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Even Football Isn’t Immune from Uncle Sam

uncle sam

Millions of Americans tuned in to watch the Denver Broncos emerge victorious over the Carolina Panthers in Super Bowl 50 and many of those millions also placed bets on the “Big Game.”  For all those who won money gambling on the game, the IRS wants its cut of your earnings.  The Sixteenth Amendment states that […]

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N.Y. AG declares DraftKings, FanDuel are Illegal Gambling

Wheel of fortune

In a major blow to daily fantasy sports, the N.Y. Attorney General has declared placing money on daily fantasy competitions is illegal gambling in the state and sent cease-and desist letters to FanDuel and DraftKings. Over the past several months, both daily fantasy sports sites have pointed to the Unlawful Internet Gambling Enforcement Act of […]

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Judge Blocks NJ Track from Allowing Sports Gambling

Chris_Christie_at_townhall

According to ESPN, U.S. District Court Judge Michael Shipp issued a preliminary injunction that prevented the thoroughbred track at Monmouth Park from allowing legal sports gambling this past weekend. Judge Shipp found that allowing legal gambling in New Jersey would cause irreparable harm to the Plaintiffs, the MLB, NBA, NFL, NHL and NCAA. The ruling […]

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Judge Delays Ruling in New Jersey Sports Betting Case

Chris_Christie_at_townhall

According to ABC News, there has been a stunning turn of events in New Jersey’s quest to allow sports gambling within its borders. U.S. District Judge Michael Shipp had previously stated that a written opinion would be published today deciding whether New Jersey could allows sports gambling without regulation. Instead, District Judge Shipp entered an […]

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