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N.Y. Comptroller writes scathing letter to lottery boardNews Story
New York's top fiscal officer is warning a state agency that its delay in approving a VLT casino contract for Aqueduct racetrack is costing the state needed revenues and risking bankruptcy for the New York Racing Association. State Comptroller Alan Hevesi, in a scathing letter to the state Division of Lottery, strongly suggested that with a battle underway to craft a new Thoroughbred racetrack franchise in New York more is driving the VLT delay than normal bureaucratic reviews. It is
Sep 18, 2006, 10:45 pm - Lottery News

Online gambling executive arrested on state chargesNews Story
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

Online gambling company says it will lock out U.S. bettorsNews Story
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

BETonSPORTS Shutting U.S. Gambling SitesNews Story
BetOnSports PLC, the British-based Internet gambling company that has been charged with fraud and racketeering in the United States, said Friday it will shut down its services for American gamblers. BETonSPORTS said it plans to stop operating in Costa Rica and Antigua from where it accepted wagers from tens of thousands of customers in the United States as soon as possible following a U.S. federal court order for the company to stop taking bets from the country. Shares in the company were
Aug 11, 2006, 11:11 am - Lottery News