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NewsResults 11 - 20 of 39 for costa rica. (0.04 seconds)

Feds seize gambling site Bodog, indict founder
The sports gambling site Bodog was shut down and four Canadians indicted, including founder Calvin Ayre, for illegal gambling that generated more than $100 million in winnings, federal prosecutors announced Tuesday. The website's domain name was seized Monday and the indictments, which were returned Feb. 22, were unveiled Tuesday in Baltimore, prosecutors said. The indictments follow federal prosecutions last year of three of the biggest websites involved in online poker. More than 75 comp
Feb 29, 2012, 7:19 am - Lottery News

Major N.Y. sports betting ring busted
Operated out of strip malls; 14 classic cars worth $100K each seized in raids Authorities busted a multi-million dollar sports gambling ring Tuesday that started out in a Staten Island video store and grew into an online operation run out of Costa Rica, officials said. More than a dozen raids were executed in three states Tuesday, leading to 28 arrests and the seizure of $5.7 million in assets including a Staten Island strip mall, real estate and 14 classic cars worth $100,000 a pop. Th
May 25, 2011, 7:15 am - Lottery News

Baltimore feds target Internet gambling sites
Phony company was set up to catch illegal betting businesses Federal investigators in Baltimore set up a phony business and handled $33 million in transactions from Internet gamblers in a lengthy sting operation that led to the indictment of two online betting companies and their international owners. Details were released Monday after 11 associated bank accounts were seized in five countries and 10 web domain names were shut down. It is illegal for Internet gambling enterprises to do
May 23, 2011, 7:52 pm - Lottery News

Federal online gambling legislation clears big hurdle
Maybe there are some teeth in the push for legalization and sensible federal regulation of the Internet gambling industry after all. Sponsored by Rep. Barney Frank (D-Mass.) chairman of the House Financial Services Committee HR 2267 is a bill designed to establish federal oversight of an online gambling industry that currently resides in murky legal waters for U.S. players. It passed overwhelmingly 41-22 via committee vote last week, advancing the legislation to the House floor, where it h
Aug 7, 2010, 10:23 pm - Lottery News

Elderly man makes the right call on lottery scam
In the Star-Telegram Watchdog column, Dave Lieber recounts how an 86-year-old man did the right thing by not getting hooked in by lottery scammers again. For more than a year, George Kahak has followed my request that he call me before investing any more money in get-rich schemes. The 86-year-old former chief pilot for American Airlines is a compulsive scam victim. He's lost tens of thousands of dollars in dozens of scams. The other day, he called to say that he won $500,000 in a lottery a
Dec 14, 2009, 8:19 am - Lottery News

Costa Rica court rejects washed lottery ticket
A Costa Rican who mistakenly washed a winning lottery ticket worth 112,000 dollars lost a court appeal to obtain the prize, a report said Wednesday. The Supreme Court rejected the appeal by the man known only as Urroz, who selected the correct numbers for second prize in the June 29 draw but later found the remains of his ticket in the pocket of a pair of recently-washed pants, La Nacion daily reported. Lottery organizers in September refused to pay the prize without the whole ticket. T
Oct 15, 2008, 4:54 pm - Lottery News

Employee hacks into online poker site
A leading Internet poker site said Friday that a hacker exploited a security flaw to gain an insurmountable edge in high-stakes, no-limit Texas holdem tournaments the ability to see his opponents' hole cards. The cheater, whose illegitimate winnings were estimated at between $400,000 and $700,000 by one victim, was an employee of AbsolutePoker.com who hacked the system to show that it could be done, a spokesman for the company anonymously told a reporter. This is literally a geek trying
Oct 25, 2007, 9:43 am - Lottery News

Florida landscaper claims $9M Lotto jackpot
A Melbourne, Florida, landscaper from Costa Rica has come forward to claim his $9 million Florida Lotto jackpot. Feliciano Aragon purchased the winning ticket Tuesday at a Melbourne convenience store and was the lone player to match all six numbers, according to lottery officials. The winning numbers were 9-14-25-37-42-52. The ticket is the 31st sold in Brevard County to win the jackpot since the Lotto began 20 years ago. Aragon chose the one-time lump sum payment option for hi
Dec 3, 2006, 4:10 pm - Lottery News

Costa Rica not caving to U.S. gambling arrests
Costa Rica finds itself in the middle of the fight between U.S. authorities and the online gambling industry. Think of Costa Rica and flashes of colorful birds, bright beaches and long hikes through the rain forest come to mind. But several recent arrests and indictments have thrust the country into the spotlight for another, less savory reason: its cozy relationship with the online gambling industry. The industry is under fire from U.S. authorities, helping create the notion that this sma
Sep 25, 2006, 2:27 pm - Lottery News

Banks balk at plan to cut off cash from net casinos
A group representing 5,000 small banks is opposing a tool lawmakers hope to use to stop online gambling, posing a challenge to what is widely seen as the government's best shot at cracking down on the activity. The Independent Community Bankers of America, whose members range from New York's Metropolitan National Bank to Colorado's First National Bank of Las Animas, is objecting to a proposal winding its way through Congress that would require financial institutions to block payments between
Aug 30, 2006, 12:22 pm - Lottery News

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