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TagResults 1 - 10 of 13 for sports betting. (0.02 seconds)

Supreme Court rejects Delaware appeal to expand sports betting lottery
The Supreme Court has turned away an appeal from Delaware to expand its sports betting lottery beyond professional football. The justices did not comment Monday in leaving in place a federal appeals court ruling that limits sports betting in Delaware to multi-game, or parlay, bets on National Football League games. The professional sports leagues and the National Collegiate Athletic Association sued the state over its plan to boost revenues by offering single-game bets on a variety of prof ...
May 3, 2010, 10:43 am - Lottery News forum

Del. bettors can wager up to $3K in sports lottery
The Delaware sports betting lottery starting this week will allow gamblers to plunk down a couple of bucks, or a few thousand, on NFL teams, officials said Tuesday. Minimum wagers in the new lottery, which starts Thursday, will be $2. The maximum wager, depending on the type of bet, will be $3,000. For each wager, bettors must pick the correct outcomes of at least three NFL games, called parlay bets, or as many as 12. A federal appeals court ruled that the lottery must be restricted to ...
Sep 9, 2009, 9:46 pm - Lottery News forum

Appeals court blocks Delaware's sports betting plan
A federal appeals court today blocked Delaware's bid to open sports betting Sept 1. A three-judge panel of the Third Circuit Court of Appeals decided that Delaware's plans violate a 1992 federal ban on sports gambling. The professional leagues and the NCAA sued Delaware in June, but the case is not scheduled to be heard until December. The leagues asked the court for an emergency injunction to halt the betting. Delaware is one of four states that had sports gambling prior to a federal b ...
Aug 25, 2009, 1:24 pm - Lottery News forum

Delaware legalizes sports betting
Table games are next; Maryland lawmakers worried Standing in front a screen displaying lines for the NFL, NBA and MLB, Gov. Jack Markell Thursday signed a sports betting bill into law at a ceremony inside the VIP room at Delaware Park racetrack and casino. After signing the legislation Markell said his administration looks forward to working with the state's three racinos to make the Delaware sports lottery as successful as possible. There is tremendous interest in the sports lottery t ...
May 15, 2009, 8:45 am - Lottery News forum

Delaware House passes sports betting bill
The Delaware House has passed a sports betting bill that failed to win approval earlier this week. After hours of closed-door negotiations, lawmakers convened early Friday morning to rescind Tuesday's roll call and vote on a revised bill, which won overwhelming approval. The vote came after several hours of talks between Gov. Jack Markell and his staff and Republican and Democratic leaders in the House. The proposed sports lottery and the money it would bring are key components in Marke ...
May 8, 2009, 8:57 am - Lottery News forum

Britain may become the online gambling capital
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 forum

Online gambling executive arrested on state charges
Gambling industry experts agree: If you operate an offshore gaming Web site, stay out of the U.S. Moments after stepping foot on American soil Thursday, Sportingbet PLC Chairman Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July. It's still unclear if the arrest is a coincidence or part of a government ...
Sep 8, 2006, 5:47 pm - Lottery News forum

Another online gambling executive arrested in U.S.
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 forum

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 forum

More offshore gambling arrests
New case involves same pattern of offshore web site accepting sportsbets from US residents over the phone Four men were indicted for allegedly running an illegal offshore gambling operation, federal authorities said. The U.S. attorney's office reported Wednesday that four men have been indicted in connection with an ongoing investigation into a gambling and money laundering scheme that allegedly involves facilitating illegal betting through a Costa Rica-based Web site. According to the ...
Aug 17, 2006, 9:33 am - Lottery News forum

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