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Tennessee Lottery transfers $51 million for scholarships
The Tennessee Lottery transferred $51.3 million Friday to fund college scholarships, bringing the total amount generated for education to more than $174 million, officials said.So far, some 47,000 Tennessee students have received lottery-funded awards during the program's first semester of funding. Another $2 million has been transferred to fund after-school programs for younger students, as dictated by the legislation approving the games. The excitement about this transfer is matched only by th
Oct 18, 2004, 7:52 am - Lottery News

California Lottery has highest sales in history
California Lottery officials announced a stellar year with estimated sales for Fiscal Year (FY) 2003-04 over $2.9 billion, representing the highest sales since the commencement of the Lottery in 1985.Also celebrating are the Lottery players who won more than $1.5 billion in prizes, and retailers who earned $205 million in commissions and bonuses. Most importantly, schools benefit with more than $1.090 billion being transferred to public schools, including $15 million (the cash value) from an unc
Sep 29, 2004, 9:04 am - Lottery News

Vermont Lottery to Issue Amber Alerts
State officials have enlisted the Vermont Lottery to aid the Amber Alert system, which Rep. Patricia O'Donnell, R-Vernon, initiated in the Legislature.The system will send messages about abducted children through state lottery machines. Those messages will appear on all lottery terminals and then be printed on a customer's lottery ticket, with a message similar to a classified ad, Gov. James Douglas said.Amber Alerts send an emergency announcement to the public in the dvent of a child abduction
Aug 25, 2004, 9:08 am - Lottery News

Tennessee Lottery revenues better than expected
The Tennessee Education Lottery announced today it has topped its initial goal by roughly 40 percent. Officials said it produced more than $123 million for education programs in the state after five months and 12 days.The results were announced as the Tennessee Lottery transferred $59,497,000 to the Lottery for Education account, bringing the total of education funds generated from Jan. 20 to June 30 to $123,271,000.An additional $2,049,000 will also be transferred to fund after-school programs
Jul 16, 2004, 8:14 am - Lottery News

California lottery struggles with tepid sales
Though California and its schools are begging for cash, one of the state's supposed gold mines produces roughly half of what it should for education, analysts say.But officials at the languishing state-run lottery say there's hope the operation will be shipping nearly another $1 billion annually to schools.It first, however, must succeed in throwing off woes such as legal restrictions on games, which some say are outdated in this age of widespread Indian gambling, and then generate an excitement
Jul 15, 2004, 9:30 am - Lottery News

Iowa Lottery ’04 sales top $200 million
The Iowa Lottery reported Wednesday that its sales surpassed the $200 million mark for the just completed fiscal year 2004, a 16 percent increase in revenues and the culmination of a three-year rise in profits for the state.Almost $56 million in profits will be added to the state general fund budget, which pays for most state government operations and services.Lottery Commissioner Ed Stanek attributed the success to the variety of lottery games available and their convenience for Iowans who want
Jul 15, 2004, 8:55 am - Lottery News

Tennessee lottery study criticized
Tennessee State Senator Steve Cohen is criticizing the states lottery board saying an $85,000 independent study to develop a permanent employee pay plan is unnecessary and that more bonuses should not be awarded those who work for the corporation.Cohen (D-Memphis), who pushed for the states upstart lottery in the General Assembly for roughly two decades, says Tennessee Education Lottery Corporation (TEL) head Rebecca Paul brings with her a record of awarding lavish benefits in her former job at
Jul 2, 2004, 8:00 am - Lottery News

Casino deal leads GTECH to rethink R.I. investments
The company warns that it may not go ahead with its plans because bills before the General Assembly fail to provide it with a portion of the slot machines in a new gaming facility.Citing the casino legislation in front of the General Assembly, GTECH Holdings Corp. is reviewing its planned investments in Rhode Island -- including its proposed $88.5-million corporate headquarters in downtown Providence.GTECH says the two casino bills before the General Assembly do not guarantee that it can operate
Jun 24, 2004, 8:14 am - Lottery News

California Lottery Drops Gambling Themes Idea
Citing widespread opposition, California Assemblyman George Plescia on Monday dropped lottery-backed legislation that would have added Nevada-style gambling themes to the state-run games.Though he quietly deleted the amendment, the San Diego Republican said he's pushing the rest of his controversial measure -- which would boost lottery prizes and slice struggling schools' share of revenue -- in the hope of fostering lotto mania that would then increase education's take.Even with the deletion of
May 18, 2004, 7:07 am - Lottery News

Tennessee Lottery executive exodus concerns lawmakers
Some state legislators are concerned after learning that four Tennessee Lottery vice presidents have resigned since the games began in late January.The departures of the vice presidents of finance, human resources, information systems and corporate affairs have caused the lottery to replace half of its eight vice president positions, lottery spokeswoman Kym Gerlock said. With most successful companies, highly visible employees are offered jobs that are too good to refuse, she said. Companies a
May 12, 2004, 6:32 am - Lottery News