BetOnSports.com founder sentenced to 4 years, 3 months in prison

BetOnSports.com founder gets 4-plus years

ST. LOUIS — The founder of the online gambling site BetOnSports.com was sentenced Monday to more than four years in prison, ending a lengthy investigation and prosecution into one of the world's largest offshore sports gambling companies.

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Tennis authorities looking into women’s match after Wozniacki withdrew while leading

Tennis authorities looking into Wozniacki match

LONDON — Tennis authorities are looking into a WTA Tour match involving U.S. Open finalist Caroline Wozniacki that apparently sparked bettors to pile money on her opponent when she was on the verge of losing in straight sets.

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US appeals court upholds 2006 federal law banning Internet gambling, rejects NJ challenge

US appeals court upholds Internet gambling ban

PHILADELPHIA — A U.S. appeals court upheld an Internet gambling ban Tuesday, rejecting a challenge from an association of off-shore bookies that the federal prohibition was too vague and violated privacy rights.

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Procter & Gamble adds to its sports marketing game with major sponsorship of US Olympic Team

US Olympic team adds big sponsor in P&G

CINCINNATI — Let the games — and the ads — begin.

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Senators raise alarms on Delaware sports betting, New Jersey lawsuit

Senators raise alarms on Delaware sports betting

WASHINGTON — A pair of veteran Republican senators urged Attorney General Eric Holder to look into the legality of a new Delaware law allowing sports betting and to defend a federal anti-sports betting law that New Jersey politicians are challenging.

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Lawsuit accuses Mavericks owner Cuban of diverting profits from Dallas arena to his team

Suit accuses Mavericks owner of diverting profits

DALLAS — Dallas Mavericks owner Mark Cuban is accused of wrongfully diverting millions of dollars from the NBA franchise's home arena to help make up for cash shortfalls incurred by the team, according to a lawsuit filed by a company controlled by the team's former owner.

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New study: YouTube’s 2009 expenses will cost Google nearly $300M less than analysts predict

Guessing game: How much money is YouTube losing?

SAN FRANCISCO — Internet video leader YouTube Inc.'s losses have been overblown by some analysts, but corporate parent Google Inc. doesn't mind the misperception, according to a study being released Wednesday.

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Is the market recovering? Reports from NY, Washington, London and more

IBM PC jr

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