Search

Search news stories for the keyword(s) you specify

NewsResults 11 - 20 of 54 for the pyramid system. (0.06 seconds)

Newspaper takes a hard look at the N.J. Lottery
They call her the Queen of the Lottery.Her realm: the North Broad Foodmart, a convenience store behind a gas station off Route 22 in Hillside.One evening, as the queen, aka Pat Howard, an insurance agent who lives in Newark, waits in line for the green machine, someone asks how much she spends. Maybe $20, $30 a day, she says.At this, the crowded store falls silent. Then, all at once, everyone laughs.After the queen is finished with her order, store manager Rashmi Patel spins a swivel scre
Dec 4, 2005, 7:24 am - Lottery News

Lottery 'syndicate' is a pyramid scam
Every week, Tony Hetherington of This is Money (UK) replies to readers' letters, adding comments, advice and the results of his enquiries. If you think you are a victim of financial mismanagement, or want advice before investing, write to Tony Hetherington, Financial Mail, 2 Derry Street, London W8 5TS. Sorry, but he cannot give personal replies. Please send only copies of documents - if these are relevant to your enquiry. We regret that they cannot be returned.A. W. writes: I attended a present
Oct 24, 2005, 9:12 am - Lottery News

Some Oklahoma lottery retailers struggle with last-minute details
Some Oklahoma retailers planning to sell the state's new lottery tickets today spent Tuesday wondering if that would come to pass.Steve Nafus, of Buck's Party Shop in Enid, said he was concerned about the system when he did not have his tickets Tuesday morning.However, his fears evaporated in the afternoon, when the tickets arrived. We were told UPS would deliver them yesterday, but they did come today, he said. Other retailers are probably getting theirs, too. After the tickets showed up, he
Oct 12, 2005, 9:10 am - Lottery News

Intralot Signs Deal With Montana Lottery
Greek gaming operator Intralot said Wednesday it has signed a seven-year contract with the state lottery of Montana to supply a new online and instant gaming system.The contract will begin March 31, 2006, and includes the possibility of three one-year extensions.Intralot said the total deal, including the possible three-year extension, is worth $25 million. The company will install gaming equipment, software and related services.It said it will install a minimum of 750 of its Coronis terminals a
Oct 12, 2005, 9:04 am - Lottery News

Korean lottery embroiled in scandal
The state-run lottery business in Korea is under investigation over two separate scandals involving charging high commission fees and suspicions that the operator manipulated winning averages to attract customers.Lawmakers demanded yesterday that the Board of Audit and Inspection make public the result of its inspection of the process of the commission rate has been determined.Since last year, the nation's audit agency has been investigating suspicions that the Korea Lottery System, the lottery
Sep 26, 2005, 7:27 am - Lottery News

Power failure shuts down Wisconsin lottery sales
A computer system outage prevented Wisconsin lottery players from purchasing tickets or validating winning tickets for such games as Powerball or Pick 3 for about three hours, a state Department of Revenue spokeswoman says.Ticket sales and prize validations for computerized games were affected when the outage occurred Monday about 11:30 a.m. at GTECH, which provides the Wisconsin Lottery with hardware and software for lottery sales, Meredith Helgerson said.A battery backup system failed to kick
Jul 12, 2005, 10:00 pm - Lottery News

Embattled lottery pyramid scheme slammed by Australian court
World Games Inc. (WGI), a loosely-based international company that has been on the run from legal authorities around the world for several years, was found to be in violation of the 1974 Trade Practices Act by the Australia Full Federal Court for organizing an international lottery pyramid scheme.The court's ruling was directed at Gold Coast company Worldplay Services Pty. Ltd., a corporate entity that is tightly coupled with WGI.The decision also upheld that Greg Kennedy, the company s director
May 10, 2005, 8:57 am - Lottery News

Clash of the Lottery Titans: Scientific Games Suing Rival GTECH
Lottery and betting equipment maker Scientific Games Corp. said Monday that its subsidiary Scientific Games Royalty Corp. is suing GTECH Holdings Corp., the world's largest operator of lottery systems, for patent infringement.The lawsuit concerns the enforcement of Scientific Games' group participation multiplier patents, U.S. Patent Nos. 6,648,753 and 6,692,354 and GTECH's unauthorized and illegal use of same.Lorne Weil, Scientific Games' chairman and CEO, said, It is our intention to vigorous
May 9, 2005, 7:16 pm - Lottery News

New machines bog down Colorado Lottery
The Colorado Lottery's switchover of computers has resulted in enormous problems, angry customers and long lines at checkout counters.On Sunday, the Lottery shut down and replaced more than 2,800 machines throughout the state. It also added new software for the entire system.About 1,500 of the new machines can check tickets immediately after they are purchased to see whether they are winners. Those include scratch-game tickets - the Lottery's largest sellers - which account for nearly two- third
May 4, 2005, 9:13 am - Lottery News

World Games officials face probe
Officials of global pyramid lottery scheme face tax evasion chargesA lawyer representing disgruntled investors in the controversial World Games Inc. (WGI) has reported WGI's Norwegian officials to the country's white collar crime unit kokrim.An kokrim official confirmed the federal agency that investigates and persecutes economic crimes in Norway had received the filing from lawyer Olav Sylte.He represents 8 people who are demanding the return of around NOK 1.2 million from WGI officials in No
Mar 1, 2005, 10:43 am - Lottery News

Page 2 of 6