Pennsylvania House passes bill giving Lottery odds and prize flexibility
The Pennsylvania House has voted 195-1 to send to Gov. Tom Corbett a bill that Pennsylvania Lottery officials say will give them more flexibility in setting player odds and prizes, increasing sales in the long run.
But that flexibility is paired in the bill with a new requirement that the General Assembly have final approval over any Lottery plans to add new game categories like Keno or Internet-based games.
The latter clause, added by the state Senate earlier this fall, was a response to ...
Oct 22, 2014, 8:09 am - Lottery News forum
Three Mass. Lottery games get new drawing schedules
The Massachusetts State Lottery has announced that there will be new drawing times for The Numbers Game, Mass Cash and Keno games.
According to Christian Teja of the Mass. State Lottery, the new drawing times will start on Sunday, October 26th.
The Numbers Game
The Sunday evening drawing will move an hour later, from 6:57 p.m. to 7:57 p.m. Betting pools for the Lottery's mainstay game will close at 7:45 p.m. As a result of this change, The Numbers Game's evening drawing will take place ...
Oct 12, 2014, 4:04 pm - Lottery News forum
New keno game boosts sales for Kentucky Lottery
The Kentucky Lottery's new keno game hasn't attracted as many retailers as projected, but sales have exceeded expectations since it launched late last year.
Kentucky Lottery Chief Financial Officer Howard Kline told The State Journal that the bingo-style game, which has drawings every five minutes, sold $28.5 million in wagers as of June 21. He says that's about $500,000 more than estimated.
Kline said that came despite having only 272 Keno-only retailers sign on to offer the game by the e ...
Jul 8, 2014, 8:36 am - Lottery News forum
Keno opens a new fight over Arkansas lottery
Arkansas lottery officials won't just be making the case for why they should be allowed to expand their games to include offerings such as keno when the Legislature meets next year. They'll also be making the case for not completely overhauling their structure.
Legislation approved in a special session last week that bars the lottery from launching monitor games such as keno until March 13, 2015, ensures that the issue will be at the top of the agenda when lawmakers convene for next year's se ...
Jul 8, 2014, 8:06 am - Lottery News forum
Pennsylvania Lottery to drive profits by boosting payouts
The state House on Tuesday approved a change to the Pennsylvania Lottery that the Corbett administration says will allow it to maximize profits for senior programs by meeting consumer demand for high-payout instant tickets.
State law requires the lottery to dedicate no less than 27 percent of revenue from ticket sales to funding programs for seniors. But most of the lottery's sales growth is from scratch-off tickets, which return less money to the state than do terminal-based games such as th ...
Apr 30, 2014, 9:56 am - Lottery News forum
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 forum
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