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TagResults 21 - 30 of 49 for sports betting. (0.01 seconds)

Massachusetts official warns lottery could become "irrelevant"
With time running out again on a bill that would authorize the Massachusetts Lottery to move online, Treasurer Deborah Goldberg offered a message to business leaders Wednesday morning: We don't want to go the way of Toys R Us. The massive toy store chain announced plans to shut down its operations on March 15 and is now running liquidation sales across its more than 800 locations. Goldberg, whose office oversees the Lottery, said Toys R Us was very late to the game to beginning to sell the
Jun 13, 2018, 10:01 pm - Lottery News

Joe Girardi pitches N.Y. legislature on sports gambling
Former Yankee calls for action before end of session Joe Girardi wants New York's state legislators to take a swing at sports gambling. The former New York Yankee player and manager came to the Capitol on behalf of Major League Baseball on Wednesday to advocate for a new state law regulating betting on sports. The door was opened to sports gambling in New York earlier this month when the U.S. Supreme Court struck down a federal law that limited the states where it had been allowed. I t
May 31, 2018, 9:32 am - Lottery News

WV Lottery revenue continues climb, with sports betting on horizon
West Virginia Lottery revenue continued to climb in April, as more money spent on video lottery and traditional online and scratch-off games offset declining revenue numbers at the state's racetrack casinos. Fortunately, our pluses are ahead of our minuses, so we are about 1 percent ahead on sales, Lottery Director Alan Larrick said after Tuesday's Lottery Commission meeting. Traditional lottery sales are up 7 percent so far this budget year, while limited video lottery at bars, clubs and
May 23, 2018, 10:32 am - Lottery News

Lottery giant IGT is sole bidder to run sports betting in R.I.
IGT, the company that runs Rhode Island's electronic lottery systems, is the sole bidder for a contract to run the state's proposed foray into sports betting. The Lottery issued a request for proposals on the sports betting contract last month and although 18 firms participated in a pre-bid conference on the contract, the Providence-based company formerly known as GTECH was the only one to submit a bid by last Friday's deadline, the R.I. Lottery announced Monday. We would have preferred m
May 22, 2018, 8:39 am - Lottery News

U.S. Supreme Court overturns federal sports-wagering ban
The U.S. Supreme Court struck down the federal law that bars gambling on individual sporting events in most of the country, in a ruling likely to unleash a race among the states to attract billions of dollars in legal wagers. Ruling in a New Jersey case, the court said the 1992 law unconstitutionally forced states to maintain laws that ban gambling. Nevada is the only state where single-game wagering is now legal. Sports gambling could begin in a matter of weeks in casinos and racetracks i
May 14, 2018, 11:03 am - Lottery News

New Jersey makes case to Supreme Court on sports betting
New Jersey's chances of getting the U.S. Supreme Court to consider its attempt to allow legal sports gambling hinge on how a bedrock constitutional principle is applied. The state argued in briefs this week that Congress is barred from forcing states to repeal or reinstate their own laws. That's a reference to an issue at the heart of a lawsuit by the NCAA and the four major pro sports leagues, who argue a 1992 federal law barring all but four states from authorizing sports gambling derails N
Dec 28, 2016, 8:45 pm - Lottery News

Appeals court hands loss to New Jersey sports betting effort
A federal appeals court on Tuesday dealt another defeat to New Jersey's years long attempt to legalize sports betting, setting aside the state's legal challenge to a federal betting ban. The 3rd U.S. Circuit Court of Appeals' ruling invalidated a law passed by New Jersey in 2014 that would have allowed sports betting at casinos and racetracks. The court found New Jersey's law violated the 1992 Professional and Amateur Sports Protection Act, which limits sports betting to the handful of states
Aug 9, 2016, 11:07 am - Lottery News

New York Governor signs bill to allow daily fantasy sports
Gov. Andrew Cuomo signed a bill into law Wednesday to allow the resumption of daily fantasy sports in New York. The measure calls the popular online contests a game of skill. That legal definition resolves the central argument in a lawsuit brought against the country's two top fantasy-sports companies by the state attorney general. He had likened the online matches to illegal gambling operations based on chance. This legislation strikes the right balance that allows this activity to conti
Aug 4, 2016, 8:56 am - Lottery News

New York State lawmakers vote to legalize fantasy sports
Months after being halted by the New York attorney general, daily fantasy sports won a major victory early Saturday as state lawmakers moved to legalize the online games. Gov. Andrew M. Cuomo, a Democrat, has not yet indicated that he will sign the bill, but the final legislation included proposed modifications from his staff, suggesting at least some degree of support. Eric T. Schneiderman, the attorney general who first declared war on the industry last fall, declaring fantasy sports to
Jun 18, 2016, 2:53 pm - Lottery News

Maryland may be 1st to hold fantasy sports referendum
Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of Internet fantasy sports betting is fully legal, under a bill now pending in the legislature. But if the House of Delegates decides not to put the matter to referendum or if the referendum happens and voters say no another pending bill would explicitly ban the practice, which has been debated all over the country. Nearly 30 legislatures are considering proposals to regulate, ban or af
Mar 25, 2016, 4:06 pm - Lottery News

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