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Poland faces EU legal action over foreign lottery tax lawsNews Story
The European Commission has said Poland must end discriminatory taxation against foreign lottery winnings or face legal action. Currently, winnings from lotteries in other member states are subject in Poland to higher taxation than winnings in domestic lotteries. Poland exempts winnings from domestic lotteries or subjects them to a flat rate tax of 10 pct, whereas winnings from lotteries in other member states are taxed at the progressive income tax rates of 19 to 40 pct. The commissio
Oct 12, 2006, 1:55 pm - Lottery News

Britain may become the online gambling capitalNews Story
Britain may bring in legislation allowing London-listed Internet gambling companies to move their headquarters to Britain, taking advantage of the United States legislature's faulty attempts to ban the popular online activity. Plans to turn Britain into a world leader in internet gambling have been drawn up by ministers, according to internal Whitehall documents. In stark contrast to America, where online gambling has in effect been outlawed, ministers want to attract offshore companies
Oct 8, 2006, 3:20 pm - Lottery News

Another online gambling executive arrested in U.S.News Story
More than $1.5 billion (U.S.) in market value evaporated from the global online gambling industry yesterday after U.S. authorities arrested Peter Dicks, the chairman of Britain's Sportingbet PLC. Dicks, 64, was arrested in New York on a warrant issued in Louisiana for gambling by computer. His arrest comes less than two months after former BetOnSports PLC chief executive David Carruthers was arrested, charged with crimes including racketeering and fraud. Legal risk in the online gaming se
Sep 8, 2006, 5:19 pm - Lottery News

Millionaire lottery ticket trash-diver keeps most of prizeNews Story
The million-dollar question has been the talk of the town for months: Should an 83-year-old Blackstone man share winnings from a discarded Massachusetts Lottery jackpot-winning ticket with the man who said he accidentally threw it away? When Edward St. John found the $1 million ticket last October after sifting through a trash can at local convenience store, his answer was a resounding no. But the family of Kevin Donovan , who said he tossed the Hold 'em Poker scratch ticket, took matters t
Aug 28, 2006, 10:20 am - Lottery News

A million bad reasons to voteNews Story
Why the Arizona voter lottery is a terrible idea By Jeff Jacoby, Boston Globe Arizona voters will face an embarrassment of electoral riches this fall, when as many as 19 proposed laws appear on the state ballot for their approval. Among the measures to be voted on are a 50 percent increase in state legislators' salaries, a constitutional amendment allowing bail to be denied to illegal aliens , and the designation of English as the state's official language. But one Arizona initiative ha
Aug 2, 2006, 9:41 am - Lottery News

Online Gambling Conference Shuts Down After ArrestsNews Story
David Carruthers became the latest poster boy or scapegoat, depending on one's perspective when he was arrested in Dallas on charges of racketeering, conspiracy and an illegal online gambling enterprise. While on a layover to Costa Rica, where his company is based, Carruthers, chief executive officer for BetOnSports was arrested and detained on Sunday, forcing the online gambling community to take note. Carruthers' arrest seems to have spooked online gaming executives. A major gaming con
Jul 21, 2006, 7:30 am - Lottery News

Illinois Lottery exploring Internet sales againNews Story
Could keno be out and Internet lottery in?A proposal from last spring to authorize Internet sales of Illinois lottery tickets popped up again Thursday, a week after Gov. Rod Blagojevich unveiled a controversial initiative to include keno in the lottery as a way to finance school construction bonds.A Blagojevich spokeswoman said the governor was not backing off the keno proposal but seemed to hedge her bets. We are willing to consider other ideas from the General Assembly, Rebecca Rausch said.Th
Jan 20, 2006, 10:57 am - Lottery News

Ousted Tenn. Lottery official got high marks on job evaluationNews Story
A high-ranking Tennessee Lottery official forced out of his position amid allegations of workplace harassment received high marks on his job performance and a merit-based raise, according to lottery records.Former chief administrative officer Steve Adams received a 4 percent salary increase in October 2004 for his job performance, which was described as exceptional and consistently outstanding, according to lottery personnel records released late Wednesday afternoon.Adams also met or exceede
Jan 12, 2006, 7:18 am - Lottery News

Survey: 20% say lottery is most practical path to wealthNews Story
A majority of Americans are pessimistic about their ability to save $200,000 in net wealth in their lifetimes, and more than one-fifth say the lottery is the most practical way for them to reach that type of goal, according to a new survey.Just 26% of adults surveyed think they could accumulate $200,000 in net wealth in their lifetime, and 9% believe they could collect $1 million, according to the survey of about 1,000 Americans by Opinion Research Corporation for the Consumer Federation of Amer
Jan 10, 2006, 6:54 am - Lottery News

Iowa Powerball lottery winner recently filed for bankruptcyNews Story
Call it the miracle on 34th Street. When Hugh Allen Hawkins filed for bankruptcy last summer, he and his wife had $250 in cash left in bank accounts and $87,000 in credit card debt. And now today we have a big pile of money, he said Tuesday after an Iowa Lottery official handed him a check for $113.2 million, the largest prize ever won in the state.Hawkins, owner of a modest home on 34th Street in Des Moines, is the mystery winner of the Dec. 14 Powerball jackpot. His 19-day silence prompted p
Jan 4, 2006, 7:06 am - Lottery News