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Oregon Lottery rate cut has fierce opposition and supportNews Story
Oregon Lottery Director Dale Penn, seeking to capture millions of additional dollars for schools and other state programs, on Tuesday proposed a nearly 50 percent rate cut for retailers offering the lottery's new electronic slot machines.The rate cut, the biggest proposed by a lottery director since the state first ventured into electronic gambling 13 years ago, was cheered by school advocates who complain that bars, taverns and restaurants have been making excess profits off the lottery.But the
Feb 17, 2005, 10:03 am - Todd - Lottery News

Internet poker owner handed 14-month prison termNews Story
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 - Todd - Lottery News

Harry Reid pushing to legalize online poker for American casinos, horse tracksNews Story
Senator Harry Reid (D-Nev.) is reportedly taking a gamble that would change up the online poker industry. The popular game may soon be run on the web by casinos in Nevada and across the United States, thanks to legislation being floated by the Nevada senators' staffers, the Wall Street Journal reported. American financial institutions were banned from processing online gambling transactions in 2006, costing the industry billions in what has been a rapidly-growing American addiction worth $
Dec 8, 2010, 7:58 am - Todd - Lottery News

Feds freeze online poker champ's winningsNews Story
Federal officials order banks to freeze millions in online poker winnings On the Sunday before Memorial Day, David made the big time. Winning $10,000 in an online poker tournament made him eligible for the upcoming World Series of Poker, the game's premier event, where hundreds of players amateur and professional descend on Las Vegas from around the world to play for a multimillion-dollar pot. To register, he simply had to cash a check cut by a company that processed payments for the po
Jun 11, 2009, 11:20 pm - Todd - Lottery News

These poker-playing robots can bluff better than humansNews Story
When it comes to understanding intelligence, the greatest challenge out there is not a Rubik's Cube, or chess, or even Go. These games are difficult in the sense that there are often many options, but they are still transparent: nothing is hidden; every bit of information is in front of you. The main obstacle is converting this perfect information into a strategy. There is a fixed set of rules out there, and if a computer can find them, it will achieve the optimal result in every game. When G
Oct 1, 2016, 8:47 am - Todd - Lottery News

A rank amateur takes on the stars in poker’s world championshipNews Story
Chris Moneymaker had plenty on his mind a new mortgage, serious credit card debt and a newborn daughter. But at the moment, he was concentrating on the beefy Costa Rican across the poker table from him. Humberto Brenes had just deposited four neat stacks of blue thousand-dollar chips in the middle of the green felt.Raise, $70,000.Moneymaker studied him again through his sunglasses. Brenes was one of the best no-limit Texas Hold 'em players in the world. Moneymaker was a rank amateur who'd never
Aug 24, 2003, 6:58 am - Todd - Lottery News

Arizona Lottery launches new poker-themed gameReply
True about the computerized drawings. However there are some notable exceptions. Canada seems to have the best record here. Here is a listing of all the state and provincial lotteries that have a 5 Card Cash/Poker game, and the drawing type: Arizona - 5 Card Cash - Computerized British Columbia - Poker Lotto - Computerized Connecticut - 5 Card Cash - REAL BALL DRAWING Indiana - Poker Lotto - Computerized Kentucky - 5 Card Cash - Computerized Maryland - 5 Card Cash - Computerized Michigan
Oct 5, 2015, 10:11 pm - Todd - Lottery News

CEO of poker site Full Tilt arrestedNews Story
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 - Todd - Lottery News

Online poker group says gov't seized $30M in player payoutsNews Story
In the latest skirmish in the battle over Internet gambling, online poker advocates say the government has frozen more than $30 million in payouts affecting thousands of players. The Poker Players Alliance released a statement Tuesday claiming that the U.S. attorney for the Southern District of New York instructed four banks to freeze accounts belonging to online payment processors. John Pappas, the group's executive director, claims the frozen accounts contain funds owed to 27,000 players wh
Jun 10, 2009, 7:45 pm - Todd - Lottery News

NJ Resident Dreams Up Scratch GameNews Story
It all came to Rocco Promutico in a dream.On a day when he had shoulder surgery, back in 1998, Promutico had a very vivid dream: He was sitting at a table in a casino, playing a game called Six Shooters. I was playing a game that I had never seen before, Dover Township resident Promutico said. When I woke up, I was able to sit down and draw out a whole sketch of how the game was played. From that sketch came the basic structure of a game called Roll 6 Poker, which last month was transforme
Feb 23, 2004, 5:31 am - Todd - Lottery News