Wyoming Legislature works on lottery bill compromise
Don't bet just yet on a bill that would allow a lottery and multistate games such as Powerball in Wyoming.
The state House of Representatives on Monday voted not to agree with changes the Senate made to the proposal despite the measure's main sponsor supporting the Senate version.
Last week, the Senate amended the bill to change how the lottery's proceeds would be used.
The Senate version specifies that any proceeds outside of the expenses and prizes will go to support the state school ...
Feb 26, 2013, 2:00 pm - Lottery News forum
Tax on Kentucky Lottery tickets no longer being considered
Your outrage was heard
Kentucky lawmakers won't pursue a 6% tax on lottery tickets as a source of revenue to shore up the state's financially troubled pension system for government retirees.
House Speaker Greg Stumbo said that idea was rejected out of concern that a tax might have stifled sales of lottery tickets that generate money for education programs in Kentucky.
Instead, Stumbo said lawmakers will unveil legislation on Tuesday that will call for the lottery to create new games, in ...
Feb 26, 2013, 1:18 pm - Lottery News forum
GTECH picked to run Indiana Lottery
The Hoosier Lottery board voted Wednesday to hire a private company to oversee sales, marketing and other operations with the goal of earning the state about $2.1 billion in additional revenue through 2028.
The board chose Rhode Island-based GTECH which provides similar services to the Illinois lottery and provides some computerized game services in Kentucky at the recommendation of Hoosier Lottery officials, who conducted an expansive review of the two companies vying for the 15-year contrac ...
Oct 3, 2012, 8:19 pm - Lottery News forum
Illinois to sell Powerball lottery tickets online
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 forum
Online poker sites settle U.S. lawsuit for $731 million
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 forum
Internet poker owner handed 14-month prison term
An owner of Absolute Poker, one of the three largest Internet poker companies, was sentenced to 14 months in prison on Monday after admitting to deceiving banks over the processing of gambling proceeds.
Brent Beckley, 32, joined Costa Rica-based Absolute Poker in 2003 and became its head of payment processing. Last December, he pleaded guilty in Manhattan federal court to conspiring to break U.S. laws against gambling on the Internet. He also pleaded guilty to a charge of conspiracy to commit ...
Jul 23, 2012, 9:23 pm - Lottery News forum
12 arrested in conspiracy to rig Mexico lottery drawing
Twelve people, including four public employees, are accused of attempting to embezzle 160 million pesos ($12.1 million) from Mexico's national lottery, authorities said.
Around $8 million of the money has been recovered, the Attorney General's Office and several other federal agencies said in a joint statement.
The announcement followed a front-page story in capital daily Reforma that revealed some details of the scheme to rig the Jan. 22 drawing.
Four directors of state-owned lottery a ...
Jul 20, 2012, 9:12 am - Lottery News forum
Georgia Lottery approves online ticket sales
Georgia Lottery officials approved for the first time Thursday an online ticket system, with sales to the public set to begin as soon as November.
The move is expected to increase the Georgia Lottery's revenue by millions of dollars a year thus helping the state's lottery-funded HOPE Scholarships and pre-kindergarten programs and positions Georgia among the first states nationwide to officially expand lottery sales to the Internet.
While the lottery's governing board voted unanimously for ...
Jul 20, 2012, 8:33 am - Lottery News forum
CEO of poker site Full Tilt arrested
The chief executive of Full Tilt Poker, the beleaguered one-time Web poker giant, was arrested Monday on a plane that had just landed at John F. Kennedy International Airport as the government unveiled new criminal charges against him related to an alleged Ponzi scheme.
Ray Bitar, 40 years old, is the most significant person yet to turn himself into the Justice Department's 15-month-long effort to prosecute the three one-time leading online poker companies in the U.S. He pleaded not guilty in ...
Jul 3, 2012, 11:21 am - Lottery News forum
8 lottery scam suspects arrested in Jamaica
Eight people accused of defrauding U.S. citizens through a multinational lottery scam were arrested during raids of several homes on a single street in Jamaica's capital, police announced Thursday.
A police statement said officers detained six males and two females during the Wednesday night operation in Havendale, a middle-class community at the foot of the mountains that tower above Kingston. They also seized nearly $150,000 in cash, jewelry, eight flat-screen television sets and five cars, ...
May 21, 2012, 10:42 am - Lottery News forum
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