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Tech industry sets its sights on gamblingNews Story
Look out Las Vegas, here comes FarmVille. Silicon Valley is betting that online gambling is its next billion-dollar business, with developers across the industry turning casual games into occasions for adults to wager. At the moment these games are aimed overseas, where attitudes toward gambling are more relaxed and online betting is generally legal, and extremely lucrative. But game companies, from small teams to Facebook and Zynga, have their eye on the ultimate prize: the rich American
Feb 18, 2013, 11:46 am - Lottery News

Mass. bill would allow for online lottery salesNews Story
Massachusetts Lottery players would be able to purchase tickets and play lottery games online under a bill being filed on Beacon Hill. The bill would authorize the Massachusetts State Lottery Commission to create internet gambling games, including establishing the price of tickets, the number and size of prizes, the manner of selecting winners and the frequency of drawings. The bill would also require the commission come up with a way to block sales of online tickets or other lottery games
Jan 25, 2013, 8:16 am - Lottery News

Delaware Lottery adds Keno to lineupNews Story
Delaware's latest effort to squeeze state revenues out of an increasingly competitive regional gambling market launched Tuesday with the activation of Keno instant lottery terminals at 81 bars, restaurants and other private businesses. The state expects the new game to bring in $1 million by June 30, a small slice of the $238 million forecasters estimate will be generated by all other forms of legal gambling in the state this fiscal year. The Keno figure is down from the $1.6 million in st
Jan 23, 2013, 7:55 am - Lottery News

Is the future of the Mass. Lottery online?News Story
Includes audio report Massachusetts has the highest per capita spending on the lottery, and the Massachusetts State Lottery raked in almost $1 billion in net profit last year. And yet, some state officials say there's an imminent threat to the Massachusetts lottery internet gambling. State Treasurer Steve Grossman wants to beat both the federal government and private gambling companies to the punch. He plans to ask the Legislature to change state law so that the Massachusetts lottery can g
Jan 10, 2013, 9:18 am - Lottery News

Mass. Treasurer pushing for Internet lottery salesNews Story
Massachusetts State Treasurer Steven Grossman is gearing up to ask state lawmakers for permission to create and test what he hopes will be a first wave of Internet lottery games in Massachusetts. Grossman said Tuesday that he plans to ask the Legislature to eliminate existing barriers in state law that prevent the lottery from selling tickets and other games online or accepting credit cards as a form of payment. Grossman said the kinds of lottery items for sale on the Internet could includ
Dec 12, 2012, 10:14 am - Lottery News

DC lottery contract is the subject of a federal probe with numerous officials under scrutinyNews Story
A federal grand jury is investigating the awarding of the $38 million contract to run the District of Columbia lottery, a process that raises further questions about corruption in a city government already beleaguered by criminal prosecutions. Although no one has yet been charged in the lottery probe, authorities are looking for evidence of crimes including bribery and illegal steering of contracts, and numerous officials are under scrutiny, according to several people familiar with the probe
Dec 12, 2012, 9:01 am - Lottery News

Pa. considers expanding lottery gambling to WebNews Story
The administration of Gov. Tom Corbett said Friday that expanding Pennsylvania Lottery gambling to keno and online games will be one of the best ways to produce more revenue from the $3.5 billion lottery system that funds programs for the elderly. The administration made the statement as part of an update on its talks with companies about privatizing the management of the $3.5 billion lottery system under a 20-year agreement. Asked about it Friday, Corbett would only say that the ideas are
Nov 12, 2012, 1:47 pm - Lottery News

Lotteries a threat to federal Web poker bill?News Story
In the battle for online gambling in cyberspace, Nevada casinos and multiple state lotteries could be close to a showdown one that will shape the U.S. gaming industry forever. The lottery, referred to as the most popular form of gambling in the world by Illinois Lottery Superintendent Michael Jones, just months ago broke ground on the Web. Jones, who was speaking on a panel at G2E held Monday in Las Vegas, has so far seen about 100,000 people in his state use the Internet to buy tickets. L
Oct 3, 2012, 10:16 am - Lottery News

Illinois to sell Powerball lottery tickets onlineNews Story
Illinois is going to sell Powerball lottery tickets on the Internet, and at least one lawmaker predicts a big payday. Sen. Jeff Schoenberg says online sales could produce an additional $25 million a year for state government. The Evanston Democrat says the money will pay for public works projects and create jobs around the state. Illinois became the first state to sell lottery tickets online when it started offering Lotto and Mega Millions tickets in March. A new law adds Powerball to that
Aug 30, 2012, 8:44 am - Lottery News

Online poker sites settle U.S. lawsuit for $731 millionNews Story
The Department of Justice announced a $731 million settlement Tuesday with online poker companies PokerStars and Full Tilt Poker to resolve bank fraud and money laundering allegations. Full Tilt also resolved allegations that it operated a Ponzi scheme, failing to maintain sufficient funds on deposit for players to withdraw. Prosecutors said last year that Full Tilt had used more than $400 million worth of player funds to pay board members and other owners since 2007. As part of Tuesday's
Aug 1, 2012, 6:42 am - Lottery News