Search

Analysts say online gambling law a bad ideaNews Story
'Moral crusade ... is wrong for about 1,000 reasons' Yesterday, the Department of Justice [DOJ] announced charges against 11 individuals and four companies accused of taking sports bets from U.S. residents in the $12 billion a year online gambling industry. The charges focused on the persons and companies that supported BetonSports PLC, a U.K. incorporated, publicly traded company and popular Internet sportsbook that claims to have 1.2 million registered users. The view of the DOJ is a
Jul 19, 2006, 8:36 am - Lottery News

Gambling industry adjusting after CEO arrestNews Story
Next week's big online gambling conference in Las Vegas may turn out to be a washout as a number of individuals invited are thinking of cancelling their trip in the wake of the indictments of senior directors at BetonSports. The annual conference, organised by Bodog.com, is a must-go event for industry executives, but the arrest of the BetonSports chief executive David Carruthers on entry to the US has made people think twice about attending. Bodog.com's chief executive, the Canadian maver
Jul 19, 2006, 8:07 am - Lottery News

Dallas arrest sparks fears of internet gambling crackdownNews Story
Analysts say timing of arrest may be designed to influence legislative process The internet gambling industry was in disarray last night after the Scottish chief executive of BetOnSports, the Costa Rica-based operator, was arrested by the US federal authorities at Dallas Fort Worth airport. In a brief hearing at a federal district court in Fort Worth, Texas, prosecutors said that David Carruthers and several others were charged with conspiracy to offer bets on professional and college spor
Jul 18, 2006, 8:14 am - Lottery News

Arrest Made in Crackdown on Internet BettingNews Story
In a sharp escalation of their crackdown on Internet gambling, United States prosecutors said yesterday that they were pressing charges against the chief executive of BetOnSports, a prominent Internet gambling company that is publicly traded in Britain, and against several other current and former company officers. Federal authorities arrested the chief executive, David Carruthers, late Sunday as he was on layover at Dallas-Fort Worth International Airport on his way from Britain to Costa Ric
Jul 18, 2006, 7:37 am - Lottery News

Bookies in ExileNews Story
Costa Rica is highly prized by the world's backpackers and sightseers for its unspoiled natural beauty, but it's easy to forget that when arriving in its grimy capital, San Jose. The newly remodeled airport is surrounded by chain hotels, freshly paved roads and shiny corporate plazas. After that it goes rapidly downhill. A dusty highway heading vaguely toward downtown takes you through the poorer suburbs of San Jose, packed with families in corrugated-tin-roof shacks. Above them, on the sides of
Aug 19, 2003, 4:01 am - Lottery News