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NewsResults 241 - 250 of 346 for sports. (0.03 seconds)

Another Gamble for Online Betting
Legal wrangling in the U.S. is clouding the prospects for the industry world-wide Two recent arrests of online-gambling executives in the U.S. are drawing attention to a spirited but so far unsuccessful effort in Washington to clarify the legal status of Internet gambling and resolve the political and legal issues of regulating it. Earlier this month, Peter Dicks, at the time nonexecutive chairman of Sportingbet PLC, Britain's largest publicly traded Internet-gambling company, was arrested
Sep 22, 2006, 7:51 am - Lottery News

Update: French arrests of BWIN Executives
Arrests called 'scandalous' by company; French lottery monopolists may be behind the moves Friday's surprise arrests in France of two senior BWIN executives introducing a company sponsorship to the AS Monaco football club elicited an immediate expression of outrage from the Austrian public company. French lottery officials admitted the detentions were inspired by similar US Department of Justice attacks against international businessmen visiting the United States recently. BWIN joint ma
Sep 16, 2006, 1:42 pm - Lottery News

Now France targets gaming firms
Shares in the leading betting companies fell heavily after the French authorities arrested the two chief executives of an Austrian gambling firm, signalling the start of a major French crackdown on online betting. Manfred Bodner and Norbert Teufelberger, the heads of Bwin, were arrested as they unveiled a shirt sponsorship deal for Monaco football club. advertisementAn officer in the French intelligence service said the authorities had been investigating the company since last year, but said
Sep 16, 2006, 12:42 pm - Lottery News

North Dakota a Gambling Haven?
Outside the Beltway, way out there in flyover land on the prairies of North Dakota, not all Republicans are lining up to support U.S. Senate Majority Leader Bill Frist's call to ban Internet gambling. In fact, North Dakota State Rep. Jim Kasper says, My fellow Republicans just don't get it when it comes to Internet gambling. In July, the U.S. House of Representatives passed the Unlawful Internet Gambling Enforcement Act of 2006, which updates the 1961 Wire Act banning sports wagering o
Sep 16, 2006, 12:22 pm - Lottery News

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

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

N.C. Lottery to roll out 3 new games in October
Numbers games coming sooner than expected because of demand October will be a busy month for the N.C. Education Lottery. That's when the state will debut Pick 3 and 5 games and plans to start selling a controversial scratch-off game featuring the Stanley Cup champion Carolina Hurricanes. The pick-numbers games are coming a little sooner than expected because of high demand from players and retailers, state lottery director Tom Shaheen said. The N.C. lottery started just five months ago.
Aug 18, 2006, 3:48 pm - Lottery News

Texas Lottery accuses GTECH of bribery
GTECH executives will appear before Texas commission The criminal allegations read right out of a crime novel: bribing overseas government officials, withholding evidence and lying about it. Those are some of the charges Texas investigators accuse GTECH, the international lottery services company that enjoys a lucrative contract with the state of Texas, of engaging in internationally. The findings have angered and embarrassed lottery commissioners, who have used GTECH as the agency's so
Aug 16, 2006, 11:42 am - Lottery News

Online gambling company says it will lock out U.S. bettors
fBETonSPORTS, the online gambling company targeted by federal prosecutors in Missouri and Washington, is shuttering the majority of its billion-dollar operations and will no longer accept bets from the United States, a company spokesman said Thursday evening. The move was seen as a significant victory for prosecutors targeting online gambling and as somewhat of a surprise. Industry experts and even a company insider had predicted that BetOn Sports would simply ignore the federal criminal pros
Aug 11, 2006, 11:27 am - Lottery News

Bail set at $1m for UK internet gaming boss
The former BETonSPORTS chief executive David Carruthers is likely to be released on $1m bail within days under a deal with the American government which would allow him to live in the Midwestern city of St Louis until his trial for organizing illegal gambling. Mr. Carruthers was one of eight people connected to BETonSPORTS who appeared in Missouri's federal court yesterday to enter pleas of not guilty in relation to charges of fraud, racketeering and unlawful gaming. Among the others caugh
Aug 1, 2006, 10:30 am - Lottery News