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Tennessee businesses banking on lotteryNews Story
For years, Tony Kim watched as customers looking to buy gas, snacks or cigarettes bypassed his store here and crossed the state line into Kentucky in search of one thing: lottery tickets.Beginning Tuesday, Kim hopes to draw that business back to his Favorite Xpress BP store when Tennessee launches its own lottery a venture almost 20 years in the making. We have to join the game everybody's doing it, said Kim, who with several partners, owns three other convenience stores in Clarksville and five
Jan 17, 2004, 2:50 pm - Lottery News

Reducing Lottery RewardsNews Story
Some Florida legislators figure that the way to sell more lottery tickets is to reduce the size or number of prizes the players can win. It's something that will be attempted during the 2004 session that begins in March -- and, given the financial philosophy of this Legislature, it has a good chance of passage.This is, after all, the same Legislature that set in motion the largest telephone rate hike in state history using the logic that if rates were increased, there would be more competition f
Jan 9, 2004, 5:15 am - Lottery News

South Carolina Education Lottery Turns 2News Story
SCEL Uses Birthday To Tout SuccessesIt's two years and counting for the South Carolina Education Lottery.SCEL officials celebrated with birthday cake and special promotions at lottery branches across the state.In the two years since its launch, lottery officials said total sales racked up at more than $1.5 billion.They also said more than $429 million has gone into the state's education system.A common misconception, according to lottery officials, is that lottery money goes to fund local school
Jan 8, 2004, 5:15 am - Lottery News

Tennessee must decide on use of unclaimed lottery prizesNews Story
Officials with Tennessee Boys and Girls Club chapters hope lawmakers will give them some of the unclaimed prize money from the new state lottery.The law that created the lottery requires that half of all unclaimed winnings go back into the prize pool at the end of each fiscal year, while the rest is placed in a special account for after-school programs.The lottery legislation's House sponsor - Rep. Chris Newton, R-Cleveland - said deciding which after-school programs get the money is one of the
Jan 5, 2004, 6:15 am - Lottery News

Tennessee lottery debate loomsNews Story
Plenty of gaming topics on Legislature's early agendaWith a state lottery poised to launch next month, Tennessee state legislators face an early decision on whether to unseat those who are directing it and later debate on other gambling issues.Related topics in the upcoming legislative session, which begins Jan. 13, range from charity gaming to the size of the lottery prize money pool and the standards for granting scholarships to home school students.But the first subject on the agenda is wheth
Jan 2, 2004, 8:50 am - Lottery News

Lottery, legislators tug at unclaimed jackpotsNews Story
A record-setting $50 million lottery ticket that went unclaimed looks likely to be more bad luck, this time for the Florida Lottery.The largest jackpot left on the table in Florida history is inspiring a flood of legislation requiring that such dollars go directly to education not back into future prizes or promotions as current law allows.The Florida Lottery warns such a move could backfire, reducing payouts and, in turn, the volume of ticket sales.Some state legislators, eager to pump money in
Dec 24, 2003, 6:51 am - Lottery News

Vendor defends perks for Colorado lottery workersNews Story
The company that makes scratch-game tickets for the Colorado Lottery defended Friday its purchase of trips and entertainment for Lottery employees.In fact, Scientific Games is required to pay for those items under the terms of its contract with the Colorado Lottery, said company spokesman Martin Schloss.The Colorado Lottery has been under a cloud since the Dec. 1 release of a state audit that found the agency had excessive expenses and questionable accounting practices. Questions also have been
Dec 22, 2003, 6:01 am - Lottery News

Court deciding legality of NY gambling lawNews Story
A state appeals court is expected to take about two months to make a ruling into whether the 2001 legislation expanding gambling in New York is legal.Anti-gambling forces argue that several aspects of the law are unconstitutional.The bill provided for video lottery terminals at horse-racing tracks, up to six new Indian casinos and New York's entry into the Mega Millions lottery game.
Dec 18, 2003, 4:10 am - Lottery News

Confirmation of lottery board may be stymied by large payrollNews Story
Confirmation of the states lottery board could become a divisive political issue when the legislature returns next month.Both houses of the state legislature must approve the seven Tennessee Education Lottery Corporation board members, appointed by Democratic Gov. Phil Bredesen in June. The state House and Senate will have 30 days to do so after convening here Jan. 13.Some lawmakers have been critical of salaries set by the lottery board, particularly of CEO Rebecca Paul. Paul could receive up t
Dec 10, 2003, 7:11 am - Lottery News

Bank gets lottery businessNews Story
Lottery officials Monday officially named First Tennessee to handle millions in banking services for the upstart game.The bank was the lowest bidder at $51,000 over three years. Additionally, First Tennessee also scored the highest in different categories such as geographic coverage and service considerations, say officials.Services provided under the contract will include basic banking and weekly electronic sweeps of tickets sales from retailers.Tennessee Education Lottery Corporation (TEL) CEO
Dec 9, 2003, 4:49 am - Lottery News