Analysts say online gambling law a bad idea
'Moral crusade ... is wrong for about 1,000 reasons'
Yesterday, the Department of Justice [DOJ] announced charges against 11 individuals and four companies accused of taking sports bets from U.S. residents in the $12 billion a year online gambling industry.
The charges focused on the persons and companies that supported BetonSports PLC, a U.K. incorporated, publicly traded company and popular Internet sportsbook that claims to have 1.2 million registered users.
The view of the DOJ is a ...
Jul 19, 2006, 8:36 am - Lottery News forum
Gambling industry adjusting after CEO arrest
Next week's big online gambling conference in Las Vegas may turn out to be a washout as a number of individuals invited are thinking of cancelling their trip in the wake of the indictments of senior directors at BetonSports.
The annual conference, organised by Bodog.com, is a must-go event for industry executives, but the arrest of the BetonSports chief executive David Carruthers on entry to the US has made people think twice about attending.
Bodog.com's chief executive, the Canadian maver ...
Jul 19, 2006, 8:07 am - Lottery News forum
Dallas arrest sparks fears of internet gambling crackdown
Analysts say timing of arrest may be designed to influence legislative process
The internet gambling industry was in disarray last night after the Scottish chief executive of BetOnSports, the Costa Rica-based operator, was arrested by the US federal authorities at Dallas Fort Worth airport.
In a brief hearing at a federal district court in Fort Worth, Texas, prosecutors said that David Carruthers and several others were charged with conspiracy to offer bets on professional and college spor ...
Jul 18, 2006, 8:14 am - Lottery News forum
Arrest Made in Crackdown on Internet Betting
In a sharp escalation of their crackdown on Internet gambling, United States prosecutors said yesterday that they were pressing charges against the chief executive of BetOnSports, a prominent Internet gambling company that is publicly traded in Britain, and against several other current and former company officers.
Federal authorities arrested the chief executive, David Carruthers, late Sunday as he was on layover at Dallas-Fort Worth International Airport on his way from Britain to Costa Ric ...
Jul 18, 2006, 7:37 am - Lottery News forum
US House votes to kill Internet gambling
Like with immigration, congress does the opposite of what the people want
The House passed legislation Tuesday that would prevent gamblers from using credit cards to bet online and could block access to gambling Web sites.
The legislation would clarify and update current law to spell out that most gambling is illegal online. But there would be exceptions - for state-run lotteries and horse racing - and passage isn't a safe bet in the Senate, where Republican leaders have not considered th ...
Jul 11, 2006, 4:07 pm - Lottery News forum
US House on the brink of taking away online gambling rights
Gamblers who prefer their laptops to blackjack tables won't like what Congress is doing. On Tuesday, the House plans to vote on a bill that would ban credit cards for paying online bets and could padlock gambling Web sites.
The legislation would clarify existing law to spell out that it is illegal to gamble online.
To enforce that ban, the bill would prohibit credit cards and other payment forms, such as electronic transfers, from being used to settle online wagers. It also would give la ...
Jul 10, 2006, 8:16 pm - Lottery News forum
Online gambling threatened by U.S. legislators
Editor's Note: Lottery Post is firmly against any attempts to limit the peoples' right to do as they wish on the Internet, including online gaming. Although anti-gambling lobbyists and legislators continue to sound the same alarm about gambling by minors and gambling addiction , we believe both of those arguments apply to such a small fraction of people that the rights of the vast majority of the Internet population are being taken away needlessly and carelessly. People have a right to do ...
Jul 7, 2006, 11:32 am - Lottery News forum
Mass. Lottery to target younger players
State Lottery officials are wagering a new advertising campaign will persuade young adults to take a chance on the Numbers Game, a contest with an aging player population.
The state Lottery Commission last week extended its contract with advertising firm Hill Holliday of Boston for one year at $10 million, Executive Director Joseph Sullivan said.
Part of the strategy will be to focus advertising in a place where Lottery officials believe they can reach more people in their 30s and 40s th ...
Jul 7, 2006, 6:50 am - Lottery News forum
UK Internet lottery making owners wealthy
New Internet-based lottery, which is supposed to donate its proceeds to charity, is instead enriching its owners
A charity lottery promoted as the fairer alternative to the National Lottery has awarded its directors shares and bonuses worth almost 10 million (US$18.7 million).
The lottery, called Monday, held its first draw this week and is being heavily advertised as a more altruistic way for people dissatisfied with the national lottery operator, Camelot, to have a weekly flutter.
May 11, 2006, 9:55 am - Lottery News forum
Once again, U.S. tries to shut down Internet gambling
Legislation focused on cracking down on the thriving business of online gambling was introduced in Congress this week to tighten existing laws that outlaw the practice in the U.S.
The Internet Gambling Prohibition Act, sponsored by Reps. Bob Goodlatte (R-VA) and Rick Boucher (D-VA), would update the U.S. Wire Act, which prohibits gambling over telephone wires, to cover use of the Internet to operate a gambling business.
The bill not only forbids a gambling business from accepting payment ...
Feb 20, 2006, 7:30 am - Lottery News forum