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TagResults 11 - 20 of 110 for online gambling. (0.02 seconds)

Mass. Treasurer pushing for Internet lottery sales
Massachusetts State Treasurer Steven Grossman is gearing up to ask state lawmakers for permission to create and test what he hopes will be a first wave of Internet lottery games in Massachusetts. Grossman said Tuesday that he plans to ask the Legislature to eliminate existing barriers in state law that prevent the lottery from selling tickets and other games online or accepting credit cards as a form of payment. Grossman said the kinds of lottery items for sale on the Internet could includ ...
Dec 12, 2012, 10:14 am - Lottery News forum

Pa. considers expanding lottery gambling to Web
The administration of Gov. Tom Corbett said Friday that expanding Pennsylvania Lottery gambling to keno and online games will be one of the best ways to produce more revenue from the $3.5 billion lottery system that funds programs for the elderly. The administration made the statement as part of an update on its talks with companies about privatizing the management of the $3.5 billion lottery system under a 20-year agreement. Asked about it Friday, Corbett would only say that the ideas are ...
Nov 12, 2012, 1:47 pm - Lottery News forum

Lotteries a threat to federal Web poker bill?
In the battle for online gambling in cyberspace, Nevada casinos and multiple state lotteries could be close to a showdown one that will shape the U.S. gaming industry forever. The lottery, referred to as the most popular form of gambling in the world by Illinois Lottery Superintendent Michael Jones, just months ago broke ground on the Web. Jones, who was speaking on a panel at G2E held Monday in Las Vegas, has so far seen about 100,000 people in his state use the Internet to buy tickets. L ...
Oct 3, 2012, 10:16 am - Lottery News forum

Online poker sites settle U.S. lawsuit for $731 million
The Department of Justice announced a $731 million settlement Tuesday with online poker companies PokerStars and Full Tilt Poker to resolve bank fraud and money laundering allegations. Full Tilt also resolved allegations that it operated a Ponzi scheme, failing to maintain sufficient funds on deposit for players to withdraw. Prosecutors said last year that Full Tilt had used more than $400 million worth of player funds to pay board members and other owners since 2007. As part of Tuesday's ...
Aug 1, 2012, 6:42 am - Lottery News forum

Internet poker owner handed 14-month prison term
An owner of Absolute Poker, one of the three largest Internet poker companies, was sentenced to 14 months in prison on Monday after admitting to deceiving banks over the processing of gambling proceeds. Brent Beckley, 32, joined Costa Rica-based Absolute Poker in 2003 and became its head of payment processing. Last December, he pleaded guilty in Manhattan federal court to conspiring to break U.S. laws against gambling on the Internet. He also pleaded guilty to a charge of conspiracy to commit ...
Jul 23, 2012, 9:23 pm - Lottery News forum

CEO of poker site Full Tilt arrested
The chief executive of Full Tilt Poker, the beleaguered one-time Web poker giant, was arrested Monday on a plane that had just landed at John F. Kennedy International Airport as the government unveiled new criminal charges against him related to an alleged Ponzi scheme. Ray Bitar, 40 years old, is the most significant person yet to turn himself into the Justice Department's 15-month-long effort to prosecute the three one-time leading online poker companies in the U.S. He pleaded not guilty in ...
Jul 3, 2012, 11:21 am - Lottery News forum

Lottery leaders convene in D.C. to discuss future of games
La Fleur's annual symposium draws hundreds of lottery personnel, vendors By Todd Northrop This week leaders from nearly every U.S. and Canadian lottery met in Washington, D.C. at the annual La Fleur's Lottery Symposium to discuss the future of government lotteries, especially with regard to Internet sales and play. Emboldened by a U.S. Department of Justice opinion issued in Dec. of last year clarifying that the Wire Act only has bearing on sports wagering, state lotteries have immediat ...
Apr 26, 2012, 3:40 pm - Lottery News forum

Illinois picks right week to start selling tickets online
But online sales still dwarfed by retailer sales With a record $540 million Mega Millions jackpot in play, Illinois picked the right week to become the first state in the nation to sell lottery tickets online. Others are watching closely to see if the new approach pays off and whether the state takes the next big step: launching online poker, blackjack and other casino games. It took only three minutes for the first online lottery ticket to sell once the system went live at 7 a.m. Sunday. ...
Mar 30, 2012, 7:51 am - Lottery News forum

Feds seize gambling site Bodog, indict founder
The sports gambling site Bodog was shut down and four Canadians indicted, including founder Calvin Ayre, for illegal gambling that generated more than $100 million in winnings, federal prosecutors announced Tuesday. The website's domain name was seized Monday and the indictments, which were returned Feb. 22, were unveiled Tuesday in Baltimore, prosecutors said. The indictments follow federal prosecutions last year of three of the biggest websites involved in online poker. More than 75 comp ...
Feb 29, 2012, 7:19 am - Lottery News forum

D.C. Council poised to repeal online gambling
After becoming the first jurisdiction in the nation to legalize online gambling within its borders, the District of Columbia is poised to repeal the program before it launches. The strong backlash on the D.C. Council to the district's online gambling program has little to do with moral opposition to gambling. Instead, councilmembers are upset with the way it became law, saying they didn't realize they had voted to approve it. Councilmember Jack Evans told The Associated Press on Tuesday th ...
Feb 1, 2012, 8:27 am - Lottery News forum