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CEO of poker site Full Tilt arrested
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
Baltimore feds target Internet gambling sites
Phony company was set up to catch illegal betting businesses
Federal investigators in Baltimore set up a phony business and handled $33 million in transactions from Internet gamblers in a lengthy sting operation that led to the indictment of two online betting companies and their international owners.
Details were released Monday after 11 associated bank accounts were seized in five countries and 10 web domain names were shut down.
It is illegal for Internet gambling enterprises to do
May 23, 2011, 7:52 pm - Todd - Lottery News
Lottery winner having a blast
Virginian bought truck series team after hitting it big
Joe Denette bought a team in the Camping World Truck Series with one very important demand it can't be like work.
After winning the Mega Millions lottery drawing on May 1, 2009, Denette vowed to never punch another time clock. The rest of his life would be dedicated to having fun and spending his $30 million winnings.
That's why I decided on the trucks; it's real racing, Denette said. The Cup side is too much like a business. I do
Apr 8, 2011, 7:42 pm - Todd - Lottery News
Letter outlining Britain's first lottery up for auction
The British tradition of national lottery has been traced back to the 16th century when a jackpot of 5,000 was up for grabs and participants had to wait three years to find out if they were winners.
A letter has emerged from Queen Elizabeth I, written in 1566, which gives instructions for collecting money, commanding that persons of 'good trust' be entrusted with the prizes.
The letter was written to Sir John Spencer, advising of 400,000 lots, each costing 10 shillings, with prizes to be p
Jun 14, 2010, 7:58 am - Todd - Lottery News
Arkansas Lottery targets Oct. 29 for first ticket sales
Drawing games will start later in the year
The Arkansas Lottery Commission set official target dates Friday for the first lottery tickets to go on sale: Oct. 29 for instant-win, scratch-off tickets and Dec. 14 for tickets for drawing games.
The commission also approved spending up to $30,000 to buy a car for newly hired executive director Ernie Passailaigue, who officially starts July 1 but has already been working to get Arkansas' lottery started.
Two requests for proposals, or RFPs, t
Jun 22, 2009, 12:17 am - Todd - Lottery News
Tenn. Lottery audit: players spent $2 million on worthless tickets
Lottery responded too slowly; problem fixed 10 minutes after finding it
The Tennessee Lottery made a series of missteps and oversights after a software glitch began generating faulty winning numbers last year, and players bought about $2 million worth of unwinnable tickets before the error was found, according to a state audit.
The sweeping audit from state Comptroller John G. Morgan reviewed the entire episode between July 28 and Aug. 20, when a programming glitch caused no duplicate digi
Mar 19, 2008, 10:48 am - Todd - Lottery News
Outlook for online gambling in U.S. discussed at conference
On the heels of a House Judiciary Committee hearing on a bill proposing an independent study on the feasibility of legalizing and regulating online gambling, former Senator Alfonse D'Amato, chairman of Poker Players Alliance, said he expects the legalization of online poker in the United States within 18 months.
The panelists in the State of the Industry: Internet Gambling at the Crossroads keynote session at Global Gaming Expo (G2E) said pending sanctions by the World Trade Organization due
Nov 20, 2007, 11:28 am - Todd - Lottery News
FLASH: Tennessee Lottery audit won't investigate drawing errors
Out-of-control situation gets worse
Legislators shocked to learn investigation won't study why errors occurred
The Tennessee Lottery hired an outside auditor after a computer issue affected the Cash 3 and Cash 4 games in August, but the auditor will not examine why the system failed.
Lottery officials previously said KPMG would be paid about $90,000 to look into the problem that kept repeat numbers from being drawn for those games for more than three weeks in August.
But a letter ob
Oct 3, 2007, 12:02 pm - Todd - Lottery News
Engineer reported bad Tenn. Lottery computerized draws
Tennessee Lottery was slow to act, even after repeated warnings from many players; many call for the return of real lottery drawings
The Tennessee Lottery appears to have been slow to investigate reports of a major flaw in its new computerized drawing system, even in the face of multiple warnings from players.
Lee Lemonds and his wife watch The Wheel of Fortune every night and because the lottery drawing comes on the same television station, they usually see it as well.
It didn't take
Aug 24, 2007, 11:29 am - Todd - Lottery News
Players warned lottery about tickets flaw
Tennessee lottery players say they warned lottery officials more than 10 days ago that a new computerized system to pick random numbers in the Cash 3 and Cash 4 games appeared to be malfunctioning.
They say they were ignored for days while a computer software glitch kept duplicate numbers from being drawn in the games. That meant players who picked numbers like 6-6-9 in Cash 3 or 5-5-5-3 in Cash 4 had no chance of winning.
Lottery officials announced Tuesday that the glitch had been correc
Aug 23, 2007, 11:00 am - Todd - Lottery News