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Online poker advocates say legalizing won't hurt lotteriesNews Story
A casino-backed group pushing for federal legislation to make online poker explicitly legal says regulating online card play nationwide won't hurt state lotteries. Fair Play USA released a data analysis on Tuesday that showed no correlation between spikes and dips in the online poker market with changes in revenues for state lotteries. Eugene Christiansen, a founding partner with the firm that wrote the analysis, Christiansen Capital Advisors, LLC, said the data showed that poker and lotte
Dec 7, 2011, 10:29 am - Lottery News

Spain to privatize lotteryNews Story
The Spanish government is close to selecting three advisers to help it sell shares in national lottery Sociedad Estatal de Loter as y Apuestas del Estado SA that could raise as much as $10.62 billion. The choice of strategic, financial and legal advisers could be announced as soon as Tuesday, Aurelio Mart nez, chairman of Loter as y Apuestas del Estado, said in an interview. The mandates are considered prestigious for consulting firms, investment banks and law firms, even if the fees involved
May 24, 2011, 7:03 am - Lottery News

Baltimore feds target Internet gambling sitesNews Story
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 - Lottery News

Lottery winner having a blastNews Story
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 - Lottery News

Iowa Lottery upgrading retailer systemsNews Story
Iowa Lottery officials are ready to roll out a new computer system in April at 2,400 retail sites in hopes that it will boost sales of popular games such as Powerball and Mega Millions and reduce crime. The first new system in a decade will offer Iowa Lottery customers the promise of speedier service and a reduced chance of being cheated out of a jackpot by unscrupulous retail clerks, state officials said. For die-hard lottery players, and thousands of Iowans fall into this category, the b
Mar 16, 2011, 9:09 am - Lottery News

Nigerian lottery scammer sentenced to 14 yearsNews Story
A Nigerian man who swindled three Californians out of more than $400,000 by demanding tax on bogus foreign lottery winnings was sentenced Tuesday to 14 years in federal prison. The people who typically fall for such scams are older, sometimes people who have dementia and are lonely and need someone to talk to, an assistant U.S. attorney said. One of Emmanuel I. Onwuzulike's victims, a San Fernando Valley woman, lost her home after she paid more than $368,000 for a phony tax on what she though
Dec 2, 2010, 6:33 am - Lottery News

Con artists target N.J. seniors in lottery scamNews Story
The first call came in December. How are you? How's your day? We have a wonderful thing to tell you, a 65-year-old Ocean County woman said of her first telephone conversation with the Jamaican-sounding strangers. They said I had won an award, the woman said. (The prizes) ranged from $1.5 million to over $5.5 million. The callers told her she had to send them money to purchase stamps so that her prize could be delivered. She sent the money, but then she got more phone calls with vario
Nov 7, 2010, 9:55 am - Lottery News

Illinois Lottery privatization announcement expected WednesdayNews Story
Southtown Star Editorial Illinois Gov. Pat Quinn is about to make a billion-dollar decision to which most of us haven't paid much attention. For months, consortiums and companies have been working behind the scenes to become the jackpot winner of a prize that will set an international gambling precedent. Illinois is soon to become the first in the United States to turn over its state lottery operations to a privately owned company. How this experiment progresses undoubtedly will set preced
Sep 14, 2010, 8:08 am - Lottery News

Letter outlining Britain's first lottery up for auctionNews Story
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 - Lottery News

Vermont sued over state lottery contract awardNews Story
The company that has operated Vermont Lottery games for the past 10 years is suing the state, trying to force the release of documents related to Vermont's decision to switch to another company. Scientific Games International Inc. alleges in a lawsuit that the state Lottery Commission, its executive director, Alan Yandow, and Attorney General William Sorrell have violated Vermont's public records law for about a year by refusing to provide the documents. Scientific Games, based in Alpharet
Jun 11, 2010, 8:48 am - Lottery News