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NewsResults 41 - 50 of 1108 for privatize lottery. (0.07 seconds)

N.M. Lottery announces CEO finalists
The New Mexico Lottery has announced four finalists for the chief executive officer's position, which became vacant in November the lottery's board of directors fired former CEO Tom Romero without explanation. Romero, who had been with the lottery since its inception in 1996, had an annual salary of $165,000. The seven-member, governor-appointed board will interview the finalists on Friday, said lottery spokeswoman Linda Hamlin. The finalists include the lottery's interim CEO, David M.
Feb 12, 2014, 8:04 am - Lottery News

Lottery expansion could still be a big winner for Penn. Gov.
Efforts by Gov. Tom Corbett's administration to privatize the management of the Pennsylvania Lottery is on the back burner, but the idea of expanding lottery games to include keno remains very much in the picture. Revenue Secretary Dan Meuser and top lottery officials testified last week before the Senate Finance Committee on how keno is part of a developing strategy to increase lottery revenue to meet growing demand for the senior citizen benefits it underwrites. The catalyst for action, as
Feb 2, 2014, 9:05 am - Lottery News

Tenn. lottery CEO gets award named after her
The president and CEO of the Tennessee Education Lottery Corp. is being recognized by a leading lottery trade organization with an award named after her. According to the lottery, the Rebecca Hargrove Award for Mentorship is given in recognition of an individual's generous spirit that supports the wise and responsible development of the next generation of lottery industry leaders. Hargrove also is the first recipient of the award from the Public Gaming Research Institute. Institute CEO
Dec 31, 2013, 9:10 am - Lottery News

Pennsylvania will not privatize lottery
Pennsylvania is scrapping a deal with a U.K.-based company to privatize management of the state's lottery system, Governor Tom Corbett said on Monday. The state struck a deal more than a year ago with Camelot Global Services LLC, a subsidiary of Britain's national lottery operator, Camelot Group PLC, to guarantee $34.6 billion in payments to the state over 20 years to manage the Pennsylvania lottery. But Corbett's administration repeatedly had to extend the contract after Pennsylvania Atto
Dec 31, 2013, 8:43 am - Lottery News

Pennsylvania Senate may work privatization deal
But solution may not come until 2014 There is broad support among Senate Republicans to give the governor authority for a private company to manage the Pennsylvania Lottery and legalize electronic games such as keno to boost state revenue, the Senate majority leader said on Monday. But quick action in the Legislature appears unlikely, said Sen. Dominic Pileggi, R-Delaware County. He didn't rule out a vote on Tuesday but noted long odds against that happening. Many senators want further vet
Dec 10, 2013, 7:57 am - Lottery News

Pa. Lottery director to depart
The executive director of the Pennsylvania Lottery is leaving for a private-sector position with a subcontractor of the company the state contracts for lottery services. Todd Rucci, appointed executive director in September 2011, will stay until Nov. 22. Then he'll take a government and communication relations job with PAP Technologies, a Lancaster-based firm specializing in lottery ticket printing for games such as Powerball and Mega Millions. The company is a subcontractor of Scientific
Nov 9, 2013, 6:34 pm - Lottery News

Pa. Gov. defends lottery privatization exploration
If privatizing the Pennsylvania Lottery's management isn't the answer to ensuring reliable and predictable funding for programs for older Pennsylvanians, what is? That's the question that a spokesman for Gov. Tom Corbett raised in responding to state Treasurer Rob McCord call on Monday to pull the plug on the administration's lottery private management agreement (PMA) pursuit. Our need is outpacing our ability to fund those programs, said Corbett press secretary Jay Pagni. The PMA is a ve
Oct 29, 2013, 8:10 am - Lottery News

Pa. Lottery privatization pursuit nears another deadline
Treasurer Rob McCord urges Corbett to drop the idea The price tag for exploring Gov. Tom Corbett's idea for outsourcing management of the Pennsylvania Lottery has crossed the $4 million threshold and is marching toward the $5 million mark. Recent revisions to the contract with the administration's outside legal advisers, DLA Piper, alone now allow it to be paid as much as $3.4 million. That is up from the original $375,000 cap set when the firm was hired in March 2012 and has steadily r
Oct 28, 2013, 8:45 pm - Lottery News

Outsourcing Pa. Lottery management bid deadline draws near
Pennsylvania Gov. Tom Corbett once again finds himself days away from having to make a decision about what to do about his plan to privatizing the management of Pennsylvania Lottery. The latest extension of a bid from United Kingdom-based Camelot Global Services, the only company to submit a bid to do this work, expires on Friday. It is the ninth extension to the bid's expiration date originally set to expire Dec. 31. As of Wednesday morning, there was still no decision to accept it, rejec
Aug 28, 2013, 12:38 pm - Lottery News

Bid to privatize Pa. Lottery's management extended by a week
The British firm that is seeking to take over management of the Pennsylvania Lottery's management for the next 20 to 30 years has agreed to extend its bid's expiration date by a week. The bid from Camelot Global Services was due to expire on Sunday. Gov. Tom Corbett mentioned the extension during his post-budget news conference. In its bid that originally was to expire Dec. 31 and has been extended now seven times, Camelot committed to generating lottery profits of $34.6 billion over th
Jul 2, 2013, 9:36 am - Lottery News