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NewsResults 81 - 90 of 225 for sports betting. (0.04 seconds)

Massachusetts Senate weighing plan to give Lottery 'broad mandate' for online games
If the Massachusetts State Lottery is to continue to thrive and return hundreds of millions of dollars to cities and towns, it must have the ability to move online in some fashion, its executive director said, but it first needs permission from the Legislature to test the World Wide Web's waters. It's critical to the Lottery's future ability to produce revenue that we're allowed to engage clearly changing technology and, to me, what is a very strong change in the commerce pattern that consum
May 25, 2016, 12:25 pm - Lottery News

Chinese media reports plans to restart online lottery sales
Chinese media is reporting that the government plans to restart its online lottery operations after ordering their suspension over a year ago. This weekend, the Economic Observer quoted an anonymous industry insider saying that Beijing authorities were preparing to authorize a trial of a new online lottery regime, but only after the government crafts the necessary regulations. The source offered no timeline for when these new regulations might be ready. Beijing ordered a 'temporary' suspen
Apr 17, 2016, 10:29 am - Lottery News

9 charged with illegal lottery, bookmaking in Rhode Island
Providence police say they've arrested nine people and seized cash and drugs after discovering illegally lottery and bookmaking operations at several businesses in the city. Police announced Thursday that they executed search warrants for several locations last weekend and seized about $60,000, other items and paperwork associated with illegal gambling operations. Six people were arrested. Authorities arrested three other people after executing a search warrant at another location and find
Apr 14, 2016, 7:59 pm - Lottery News

Maryland may be 1st to hold fantasy sports referendum
Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of Internet fantasy sports betting is fully legal, under a bill now pending in the legislature. But if the House of Delegates decides not to put the matter to referendum or if the referendum happens and voters say no another pending bill would explicitly ban the practice, which has been debated all over the country. Nearly 30 legislatures are considering proposals to regulate, ban or af
Mar 25, 2016, 4:06 pm - Lottery News

Virginia becomes first state to formally legalize daily fantasy sports
Virginia Monday signed into law the Fantasy Contests Act, a bill outlining how daily fantasy sport sites like DraftKings and FanDuel can operate legally in the state. The law is the nation's first formal recognition of the industry after months of heated legal activity in multiple states. Regulators and lawmakers around the country have sought bans on the websites on the grounds they constitute illegal online gambling. The Virginia legislature first approved the new bill in February. Governor
Mar 7, 2016, 9:24 pm - Lottery News

Las Vegas woman wins $100,000 on $5 NFL parlay bet
Only the 2nd bet she has ever made One of the biggest long shots in betting history will be cashed on Wednesday afternoon when Tayla Polia gets paid $100,005 for her $5, 15-leg NFL parlay that came through this week. The 26-year-old Polia, who moved to Las Vegas two months ago, got 20,000-to-1 odds on the parlay card on betting firm William Hill's mobile site. She cashed in by being on the right side of the point spread in 14 games and correctly picking the over in the Steelers-Broncos gam
Dec 26, 2015, 1:42 pm - Lottery News

Fantasy sports sites back in business in N.Y. after appeal
DraftKings Inc. and FanDuel Inc. can continue doing business in New York for now, after an appeals court halted a trial judge's order to temporarily halt daily fantasy games in the state. An appeals judge on Friday granted the companies a reprieve until an appellate panel has a chance to rule on a request to block the temporary ban while the companies challenge it. Final papers in this first stage of the appeal are due Jan. 4, said Joshua Schiller, a lawyer for DraftKings, meaning New York
Dec 11, 2015, 5:16 pm - Lottery News

NY judge sides with attorney general against fantasy sports websites
New York convinced a state court late Monday to reject demands from DraftKings and FanDuel two popular fantasy sports operators to issue restraining orders blocking the state attorney general from making good on his threats to shut them down in New York. The state's attorney general, Eric Schneiderman, is demanding that the world's leading online fantasy sports wagering websites stop operating in New York because he claims they're too much like a lottery, even though New York operates a state
Nov 17, 2015, 10:44 am - Lottery News

Texas Gov. tells Lottery to stop exploring gambling expansion
But he doesn't have the legal authority to force the Lottery to stop Gov. Greg Abbott has told Texas lottery officials to stop efforts to explore the expansion of sports betting lottery games and other types of gambling that are prohibited under state law. The Dallas Morning News reports Abbott told Texas Lottery Commission Chairman J. Winston Krause in a letter Monday that he does not want the agency to continue its exploration of the games that other states have launched. Abbott wrote th
Nov 12, 2015, 11:56 am - Lottery News

NY attorney general says that DraftKings and FanDuel constitute illegal gambling
The New York State attorney general on Tuesday ordered the two biggest daily fantasy sports companies, DraftKings and FanDuel, to stop accepting bets from New York residents, saying their games constituted illegal gambling under state law. The cease-and-desist order by the attorney general, Eric T. Schneiderman, is a major blow to a multibillion-dollar industry that introduced sports betting to legions of young sports fans and has formed partnerships with many of the nation's professional spo
Nov 11, 2015, 11:08 am - Lottery News