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NewsResults 101 - 110 of 225 for sports betting. (0.05 seconds)

Major N.Y. sports betting ring busted
Operated out of strip malls; 14 classic cars worth $100K each seized in raids Authorities busted a multi-million dollar sports gambling ring Tuesday that started out in a Staten Island video store and grew into an online operation run out of Costa Rica, officials said. More than a dozen raids were executed in three states Tuesday, leading to 28 arrests and the seizure of $5.7 million in assets including a Staten Island strip mall, real estate and 14 classic cars worth $100,000 a pop. Th
May 25, 2011, 7:15 am - Lottery News

Federal online gambling legislation clears big hurdle
Maybe there are some teeth in the push for legalization and sensible federal regulation of the Internet gambling industry after all. Sponsored by Rep. Barney Frank (D-Mass.) chairman of the House Financial Services Committee HR 2267 is a bill designed to establish federal oversight of an online gambling industry that currently resides in murky legal waters for U.S. players. It passed overwhelmingly 41-22 via committee vote last week, advancing the legislation to the House floor, where it h
Aug 7, 2010, 10:23 pm - Lottery News

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

Greenbrier resort offers table games to guests, plans video lottery
Less than a month after getting its license to offer gambling, West Virginia's historic Greenbrier resort has opened the Tavern Casino, an on-site facility for guests with table games including blackjack, three-card poker and roulette. The 344-square-meter Tavern Casino is open to overnight guests, members of The Greenbrier Sporting Club and The Greenbrier Golf and Tennis Club, in addition to registered event and convention attendees who are staying off-property when more than 400 rooms at Gr
Oct 8, 2009, 8:12 am - Lottery News

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

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

Texas Lottery launches Dallas Cowboys scratch-off game this month
Lottery tickets are all about the green, but the blue and silver will be added to the mix this month. The Texas Lottery Commission announced Monday that it will start a Dallas Cowboys scratch-off game Aug. 17. The $5 tickets will have cash prizes of up to $100,000 as well as chances to win packages that include a stadium suite, private tours, and airfare and tickets to an away game. The Cowboys tickets are part of a flood of new lottery games featuring National Football League teams. Leagu
Aug 4, 2009, 10:39 pm - Lottery News

Oregon Lottery contributions critical to athletic department
The University of Oregon athletic department likes to say it is self-sufficient. However, true self-sufficiency would mean receiving no outside help from other organizations. The department is almost self-sufficient. It hasn't received any money from the University's general fund since 2003, so it is self-sufficient from the institution. In reality, the University and the other colleges in the state of Oregon gets a little bit of help from an unlikely source: the Oregon Lottery. Since 1990
May 27, 2009, 11:59 am - Lottery News

Patriots plan lottery tie-in after NFL eases stance
Promo will be a first for a league still sensitive about betting scandals The New England Patriots are developing the first licensed NFL instant ticket with the Massachusetts State Lottery just days after league owners voted to allow teams to partner with lotteries across the country. This is going to be a hugely successful collaboration, Robert Kraft, chief executive of Kraft Group, which owns the Patriots, said yesterday. We are looking forward to helping the lottery generate much needed re
May 26, 2009, 1:27 pm - Lottery News

Redskins second team to reach deal with state lottery
One of the most valuable franchises in sports may have just gotten a little bit more valuable. According the Associated Press, the Washington Redskins, who Forbes listed as the third most-valuable team in sports in January, became the second NFL franchise to reach a licensing agreement with a state lottery, announcing their deal on Friday. The New England Patriots were the first, publicizing their agreement on Thursday, just one day after the issue was voted on by NFL owners. Though the
May 26, 2009, 1:22 pm - Lottery News