Search

Search news stories for the keyword(s) you specify

NewsResults 21 - 30 of 219 for sports betting. (0.06 seconds)

Despite predictions, state lottery ticket sales have not been hurt by casinos
For years, Rajesh Keshar heard the concerns of his fellow owners of corner stores in Everett, Massachusetts, about what the Encore Boston Harbor casino might do to their lottery sales. They worried that some customers would shift their spending from scratch tickets and numbers games to slot machines and gaming tables. Everybody was talking bad about it, said Keshar, who runs Elm Street Market, about 2.5 miles from the massive casino, which opened in June. I was thinking positive. Because I k
Feb 3, 2020, 9:37 am - Lottery News

Texas Lottery to expand ticket sales at checkout lanes
Charlie Thomas, a home health care provider who also scrubs floors in the evening, says he buys lottery tickets every time I get a paycheck. Thomas, 55, has been playing the Texas Lottery for two decades. His fortune hunting takes a $30 bite out of his weekly pay, but he's won about $1,000 over the years. His most recent good fortune was a $100 win on a bingo lottery ticket. He was less lucky one day last month: The $2 scratch-off he bought at an East Austin convenience store came up empt
Jan 21, 2020, 9:36 am - Lottery News

WVa board admonishes former lottery director for moonlighting
A state board that oversees lawyers in West Virginia admonished one of the governor's former cabinet secretaries for moonlighting at his old law firm while serving as the Lottery Director, defying state law. The Lawyer Disciplinary Board found no evidence that former Lottery Director Alan Larrick used state resources in his private practice or leveraged his state job to benefit his legal clients. However, the board found Larrick knowingly continued to engage in the practice of law while se
Dec 16, 2019, 8:19 am - Lottery News

French lottery operator stock price surges after $2.1 billion IPO
Includes video report Francaise des Jeux (FDJ) SAEM shares soared as much as 20% after the French lottery operator raised about 1.89 billion euros (US$2.1 billion) in the country's largest initial public offering since the 2005 sale of power producer Electricite de France SA. The government sold 52% of the company at the top of the marketed price range for institutional investors. Finance Minister Bruno Le Maire hailed a spectacular success that boosts the appeal of Paris as a financial ce
Nov 24, 2019, 8:21 am - Lottery News

France sells its lottery for $2 billion
France will bank 1.8 billion euros (US$2 billion) from selling down its stake in the country's lottery operator, according to the final price set on Wednesday in a listing that will serve as a test for France's privatization push. President Emmanuel Macron's pro-business government kicked off the biggest wave of privatizations in over a decade with the initial public offering (IPO) of Francaise des Jeux (FDJ), the organization that operates the country's lottery. It is seeking to raise money
Nov 22, 2019, 9:19 am - Lottery News

British pro gambler took aim at $25.8M CT Lotto jackpot, buying hundreds of thousands of tickets
Lottery officials monitored everything as it happened Good afternoon, Pete. Just letting you know that we have been monitoring the sales of an individual who is spending an enormous amount of money on the lotto game. That's what Mark Walerysiak, the security director at the Connecticut Lottery Corp. (CLC), wrote in an email on Oct. 28 to Peter Hsieh, the gaming division director for the state Department of Consumer Protection (DCP). The email was the beginning of an intriguing yarn ab
Nov 8, 2019, 2:36 pm - Lottery News

Questions surround D.C. lottery and gambling contract, but high-level D.C. staffer says it's fine
Several D.C. Council members are asking whether the $215 million lottery and sports gambling contract the council approved this summer fulfills local business subcontracting requirements. This week, they got an answer from a high-level District staffer: Everything's fine. Yes, the contract is compliant with D.C. law requiring companies with large public contracts to subcontract some of the work to local businesses, Kristi Whitfield, director of the department responsible for monitoring compl
Sep 18, 2019, 9:54 am - Lottery News

DoJ files notice of appeal against New Hampshire Wire Act ruling
The US Department of Justice (DoJ) has filed a notice of appeal following the decision in June by the United States District Court for the District of New Hampshire to find in favor of the New Hampshire Lottery Commission (NHLC) in the long-awaited ruling on last year's revised opinion of the Wire Act by the DoJ. The notice of appeal reads: Please take notice that all Defendants (the United States of America; the United States Department of Justice; and William Barr, in his official capacity
Aug 22, 2019, 8:48 am - Lottery News

Federal authorities investigating illegal NJ 'lottery' pool, sources say
Multiple people, including one county employee, have been called to testify in a federal probe into an alleged illegal lottery contest that hundreds of Hudson County employees pay a $20 fee to enter, multiple sources told The Jersey Journal. The feds are looking into whether the organizers of the game, based on numbers drawn in the state lottery's official Pick 6, are taking a cut of the total pool money. A spokesman for the U.S. Attorney's Office in Newark did not return a call for commen
Jul 25, 2019, 7:35 pm - Lottery News

Pennsylvania Lottery struggles to attract bets on virtual sports games
The Pennsylvania Lottery has more than 1,850 outlets with screens displaying virtual animated football and auto races. The odds of finding someone watching a bet play out on the simulated sports action is pretty low. With a few exceptions, lottery licensees in the region report few customers are spending their time or money on the Xpress Sports games lottery officials introduced in August. Xpress Football offers the chance to bet from $1 to $20 each on up to 16 possible outcomes such as a
Jun 27, 2019, 11:00 am - Lottery News