Search

Lottery 'glitch' leaves players suspiciousReply
Great story! This is the most damaging story yet to appear in the press accounts I have read. And it should be one that has all lottery players in every state that has an RNG...not just the players in Tennessee...screaming for an end to this crooked method of selecting numbers. Let's look at a few of the remarks made in this story and tie the lose ends together: Since the acknowledgement of the glitch, Hargrove and other lottery executives have downplayed the need for a thorough probe,
Sep 2, 2007, 3:15 pm - Uncle Jim - Lottery News

N.C. Lottery foe confident that lottery will be ruled an illegal taxNews Story
By Steve Ford, News Observer Bob Orr has an agreeably youthful look about him, and not just because he's four days younger than I (a trivia item once called to his attention). Maybe it's only my imagination, but these days there seems to be even a hint of mischief in his smile as if he were a kid who had just poked a stick into an ant hill and was enjoying the confusion. If Orr prevails in his latest legal venture, lots of Raleigh's political ants will be running in tight circles.
May 29, 2007, 9:20 am - Todd - Lottery News

tax strategyReply
Guru 101/Master Mason: Why don't you reread my first post. It plainly says to give both parties substantial additional income. It's not hard; it's in plain English. KY Floyd: Re: Your coin example 1. Yes, it is a gift 2. The value(or better termed, the basis for gift tax purposes) would be $112,000. 3. The gift tax due from the son(beneficiary) is $-0-; the gift tax due from the father(donor) is likewise $-0- *recipients don't pay gift tax *donors tax
Apr 10, 2007, 4:07 pm - taxguy - Lottery Discussion Forum

N.C. Lottery celebrating 1st birthdayNews Story
First year not as profitable as predicted Now a year old, the North Carolina Education Lottery is meeting its goal of keeping residents from crossing the border to buy tickets but failing to reach financial expectations initially touted by lawmakers and Gov. Mike Easley. The lottery has set aside $220 million in profits for state education programs since the first tickets were sold March 30, 2006, removing North Carolina's label as the only East Coast state without the games. Easley,
Mar 30, 2007, 9:51 am - Todd - Lottery News

Ontario Lottery chief firedNews Story
The head of the Ontario Lottery and Gaming Corporation was dismissed from the scandal-plagued organization on Friday, according to CBC News. CEO Duncan Brown was escorted out of the lottery corporation's offices in Toronto, two sources told the CBC, speaking on condition of anonymity. Repeated calls to officials at the lottery corporation went unanswered Friday. The dismissal follows allegations that several lottery clerks stole winning tickets from unsuspecting customers and cashed in
Mar 24, 2007, 6:12 am - Todd - Lottery News

Luck pays off for a whole lot of Maryland Lottery playersNews Story
Lottery players sometimes prove a quirky and superstitious bunch, picking their numbers on sentimental value (a birthday, anniversary or just plain lucky number) and loyally playing the same game, using the same numbers, at the same store. But would one person play a favorite set of numbers in the same game 15 times in a single day? An oddity to be sure, lottery officials say but not unheard of. And that is their best guess about what happened in Saturday's Bonus Match 5 game which y
Dec 28, 2006, 1:22 am - Todd - Lottery News

Another online gambling executive arrested in U.S.News Story
More than $1.5 billion (U.S.) in market value evaporated from the global online gambling industry yesterday after U.S. authorities arrested Peter Dicks, the chairman of Britain's Sportingbet PLC. Dicks, 64, was arrested in New York on a warrant issued in Louisiana for gambling by computer. His arrest comes less than two months after former BetOnSports PLC chief executive David Carruthers was arrested, charged with crimes including racketeering and fraud. Legal risk in the online gaming se
Sep 8, 2006, 5:19 pm - Todd - Lottery News

Online gambling world watches U.S. caseNews Story
BetOnSports indictment may show limits of American authorities' control When prosecutor Marty Woelfle went before a federal judge this week to lay out her case against an online gambling firm, she faced a daunting legal challenge from the company she was prosecuting: No one bothered to show up. There would seem to be good reason for BetOnSports PLC to hire attorneys. The firm is facing a 22-count indictment on fraud and racketeering charges filed in the U.S. District Court in St. Louis. Th
Aug 3, 2006, 10:18 pm - Todd - Lottery News

Bail set at $1m for UK internet gaming bossNews Story
The former BETonSPORTS chief executive David Carruthers is likely to be released on $1m bail within days under a deal with the American government which would allow him to live in the Midwestern city of St Louis until his trial for organizing illegal gambling. Mr. Carruthers was one of eight people connected to BETonSPORTS who appeared in Missouri's federal court yesterday to enter pleas of not guilty in relation to charges of fraud, racketeering and unlawful gaming. Among the others caugh
Aug 1, 2006, 10:30 am - Todd - Lottery News

Not guilty pleas entered in online gambling caseNews Story
The former chief executive of one of the world's largest online gambling companies, BetOnSports, will remain in federal custody after pleading not guilty Monday to charges of mail and wire fraud and racketeering. David Carruthers, 48, was one of several BetOnSports PLC employees and associates named in a federal 22-count indictment who pleaded not guilty. Neil Kaplan and Lori Kaplan Multz, the brother and sister of BetOnSports founder Gary Kaplan, were among those pleading not guilty. T
Aug 1, 2006, 7:59 am - Todd - Lottery News