Agents To Conduct Spot Checks At College Bars This FallState officials are planning random compliance checks this fall for underage drinking and illegal gambling at bars around Minnesota college campuses.
Good Question: How Are Fantasy Sports Gambling Sites Legal?ou've probably seen fantasy football sites like FanDuel or DraftKings advertising huge cash prizes. You pay to enter, and if you win, you get paid. If you lose, you lose your money. Sounds like gambling, right? It's not. So, why are these sites legal? Good Question.
Odds Of Winning Powerball Jackpot Will Soon Be SlimmerIt's going to get a lot harder to win the Powerball lottery, as the odds of winning the jackpot will increase to 1 in nearly 300 million. Previously, the odds were about 1 in 175 million.
Financial Adviser Gets 25 Years In $13M FraudA Minnesota investment adviser has been sentenced to 25 years in prison for defrauding investors of millions of dollars. Forty-two-year-old Sean Meadows of Eden Prairie was sentenced Friday in federal court in St. Paul. Prosecutors say Meadows used his financial planning and asset management firm, Meadows Financial Group.
Judge: Minnesota Man Must Pay Back $250K In Gambling CaseA 69-year-old Minnesota man accused of running an illegal bookmaking operation for about a dozen clients in North Dakota must pay back $250,000 and serve an additional four months in prison on top of the nearly six years he is serving on a separate case.
Survey: MN Spent Nearly $100 Per Capita On Lottery In 2014Recently-released research figures show that Minnesotans spent on average close to $100 per person during 2014. The figures were released by the Pew Charitable Trusts, who analyzed data from Stateline pertaining to the amount of money people in the U.S. shelled out for lottery tickets.
Minn. Casino Owner Touts Merger With Nevada CompanyLakes Entertainment Inc., owner of the Rocky Gap Casino Resort in western Maryland, said Thursday its pending merger with a privately held Nevada gambling company will be a boon to shareholders and create a company uniquely positioned for growth in other states. "We are very excited about this transaction and believe it will benefit Lakes' shareholders tremendously," CEO Lyle Berman said in a fourth-quarter earnings statement.
Whist Player Behind Push To Change Minnesota Gambling LawWhen Cal Stueve's first-grade teacher asked him if he could count, he started at "two" and ended with "ace." Stueve hasn't given up his love for playing cards in the five decades since. He and his friends get together at least three times a week for whist, a four-player game popular in the 18th and 19th centuries. But Minnesota gambling laws have stalled his vision for a bigger tournament.
Dayton: Talks Over Minnesota Lottery Curbs Yield LittleProposed restrictions on the Minnesota Lottery are steaming ahead and Gov. Mark Dayton is expressing new doubt over his ability to stop them.
Coon Rapids Woman Allegedly Stole More Than $100K From EmployerA Coon Rapids woman has been charged with theft after allegedly stealing more than $100,000 from her company since October of 2012. Tara Jo Luby, 41, is facing one count of theft by swindle for an amount over $35,000.
Man, 75, Arrested In Canterbury Park Cheating Scheme One of four men suspected in a cheating scheme at Canterbury Park last summer is under arrest. Duane Racle, 75, of Lake City, Fla., is being held in the Scott County jail.
Man Pleads Not Guilty To Illegal Gambling ChargesTrial has been set for a Minnesota man accused of running an illegal gambling operation in North Dakota. Gerald Greenfield pleaded not guilty in federal court Thursday to three counts, including conducting sports betting business and conspiracy to commit money laundering.