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Congress rethinks its ban on Internet gamblingNews Story
With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say merely drove Web-based casinos offshore. The bill would direct the Treasury Department to license and regulate Internet ga
Jul 30, 2010, 6:37 pm - Lottery News

Judge orders release of ex-NC Lottery officialNews Story
A judge on Tuesday ordered a former North Carolina lottery commissioner convicted of five counts of the honest services law released from a Georgia prison. U.S. District Judge James Dever III said Kevin Geddings should be set free as he seeks to have his 2006 conviction vacated. The decision came just hours after prosecutors said Geddings should be released. Geddings was found guilty of honest services mail fraud for not disclosing his financial ties to a company that was expected to bid f
Jul 1, 2010, 8:52 am - Lottery News

Seven arrested in underground lottery stingNews Story
Seven people are facing felony bookmaking charges after authorities say they were operating an illegal lottery out of four markets in San Pablo and Richmond, California. Authorities say the lottery was broken up after a sting operation led by the California Lottery's Security and Law Enforcement Division. Investigators say the seven suspects sold homemade tickets to buyers who were placing bets on numbers in an actual California Lottery game. Lottery spokesman Bill Ainsworth says though
Jun 11, 2010, 8:08 am - Lottery News

Alabama woman gets money back from lottery scamNews Story
An Alabama woman recently got $16,800 back after a joint U.S. and Canadian investigation into fraudulent telemarketers who represented themselves as lottery officials. The Alabama resident, whose name was not released, got her money back on May 14, according to a press release from U.S. Immigration and Customs Enforcement (ICE). A multi-agency U.S-Canada initiative called Project COLT was responsible for helping return the money. Many variations exist on the lottery scams, according to
May 24, 2010, 10:56 am - Lottery News

Man pleads guilty to altering lottery ticketNews Story
A Buffalo, New York, man has admitted he altered a Mega Millions lottery ticket to make it look he'd won a $252 million jackpot. The New York Lottery today announced that as a result of an investigation by the Lottery's Security Unit in cooperation with the New York State Police and the Erie County District Attorney's Office, 26-year-old Yann Spindler of Buffalo, entered a plea of guilty to charges of attempted Grand Larceny in the fourth degree, in connection with an altered Mega Millions ti
Feb 25, 2010, 8:54 pm - Lottery News

Remains are that of missing lottery winnerNews Story
Cause of death not yet determined A body found Thursday in Plant City is that of missing Florida Lottery winner Abraham Shakespeare of Lakeland, the Hillsborough County Sheriff's Office confirmed yesterday. The body was identified through fingerprints, said Debbie Carter, Hillsborough County Sheriff spokeswoman. The cause of death has not been determined at this time, and we do not anticipate having a cause of death until Monday, she said. The detectives have completed the search at 58
Jan 30, 2010, 8:17 pm - Lottery News

Investigators dig for evidence in missing Florida Lottery winner caseNews Story
Investigators assembled at a Plant City, Fla., home, to look for evidence that the dramatic saga of a missing lottery winner ended in his murder. Law enforcement officials from Hillsborough and Polk counties converged on two neighboring yards along Highway 60 near Farkas Road, just west of Turkey Creek Road. Detectives with metal detectors are combing the scene, looking for evidence in connection with the case of long-missing lotto winner Abraham Shakespeare. The dig marks yet another t
Jan 27, 2010, 4:27 pm - Lottery News

US delays crackdown on Internet gamblingNews Story
The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling. In a joint statement, the Treasury Department and Federal Reserve said US financial institutions were being given until June 1, 2010 to be in compliance with the Unlawful Internet Gambling Enforcement Act. The act, which would ban US banks, credit card and financial companies from handling unlawful Internet gambling bets, had been s
Nov 28, 2009, 6:52 am - Lottery News

Appeals court blocks Delaware's sports betting planNews Story
A federal appeals court today blocked Delaware's bid to open sports betting Sept 1. A three-judge panel of the Third Circuit Court of Appeals decided that Delaware's plans violate a 1992 federal ban on sports gambling. The professional leagues and the NCAA sued Delaware in June, but the case is not scheduled to be heard until December. The leagues asked the court for an emergency injunction to halt the betting. Delaware is one of four states that had sports gambling prior to a federal b
Aug 25, 2009, 1:24 pm - Lottery News

Hawaii residents now taxed on Vegas winnings even if they loseNews Story
Huh? A new bill signed into law this month by Gov. Linda Lingle has some frequent Las Vegas visitors and local CPAs scratching their heads. Under House Bill 1495, no longer will gamblers be able to offset their winnings with their losses for Hawaii state income tax purposes. Previously gamblers would be taxed only on their net winnings, but now they will be taxed on gross winnings. A Hawaii resident who wins $10,000 in a year, for example, and loses $9,000 in the same year used to be ta
Jul 30, 2009, 9:13 am - Lottery News