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Kansas, Iowa lotteries create first multi-state scratch gameNews Story
The nation's first multi-state lottery scratch-off game will make its debut this summer at the Kansas State Fair. The $10 Midwest Millions game also will be sold in Iowa. Under Kansas Lottery executive director Ed Van Petten, the Sunflower State in recent years has been a frequent pioneer in new lottery games, including an Internet scratcher game and the novel $20 pocket slot electronic game card that rolled out last year and sold out fast. Van Petten is particularly proud of Midwest
May 29, 2007, 8:43 am - Lottery News

Schwarzenegger may try to privatize California LotteryNews Story
California Gov. Arnold Schwarzenegger is poised to call for privatizing the state lottery, a move that would bring California a cash infusion of as much as $37 billion to help solve pressing budget problems but also could sacrifice a major revenue source for decades to come. The lottery would be leased to a private company for up to 40 years in exchange for a lump-sum payment or series of payments, according to documents from the governor's budget office that were provided to legislative staf
May 10, 2007, 2:56 pm - Lottery News

Michigan latest state to consider selling its lotteryNews Story
'Bad idea' continues its rampage through the USA Michigan has become the latest in a growing list of states to consider selling off its state lottery in a scheme to fix the state's budget problems. The move was being discussed at the Capitol as lawmakers and administrators look for ways to deal with an $800 million budget shortfall this year, and possibly even larger hole in the year ahead. Democrat Gov. Jennifer Granholm is expected to announce plans for dealing with the state's struct
Jan 27, 2007, 9:34 am - Lottery News

Germany debates online gamblingNews Story
Premiers from the 16 German states were unable to reach unanimous agreement Wednesday on proposed laws to protect state gambling monopolies by banning online gambling in the country. The heads of the individual German states met to discuss the ban, which would have to be approved by the federal parliament. Three German states Bavaria, Saxony and Hesse have already introduced state laws. Most of the German states run lucrative monopolistic lotteries and are keen to protect these revenues,
Dec 14, 2006, 3:39 pm - Lottery News

Opinion: Calif. Lottery should not rubber-stamp GTECH dealNews Story
As part of a major deal with 24 states, including California, an Italian company has purchased the United States firm that runs lotto and other online games for those states. The merger, where Lottomatica acquired GTECH, was finalized in August and expected to be completed by year's end. The agreement surprised and stunned state lawmakers. Not even the attorney general's office, which is supposed to defend the state lotto, was aware of it. The deal was orchestrated by the state lottery's act
Dec 11, 2006, 11:25 am - Lottery News

Maryland budget deficit looms as lottery revenue falls offNews Story
Maryland's lottery has been slowing down as a revenue source for years and will continue to underperform as residents seek other gambling ventures, including betting on slot machines in neighboring states, budget analysts and state officials say. The lottery has been, until very recently, the third-largest general fund revenues source, said David Roose, director of the state's Bureau of Revenue Estimates. But in the last few years the corporate income tax has become the third-largest.
Nov 29, 2006, 8:21 am - Lottery News

N.Y. Comptroller writes scathing letter to lottery boardNews Story
New York's top fiscal officer is warning a state agency that its delay in approving a VLT casino contract for Aqueduct racetrack is costing the state needed revenues and risking bankruptcy for the New York Racing Association. State Comptroller Alan Hevesi, in a scathing letter to the state Division of Lottery, strongly suggested that with a battle underway to craft a new Thoroughbred racetrack franchise in New York more is driving the VLT delay than normal bureaucratic reviews. It is
Sep 18, 2006, 10:45 pm - Lottery News

First Ever Multi-State Video Lottery Game Up and RunningNews Story
Jackpot Over $540,000 and Growing The lotteries of Delaware, Rhode Island, and West Virginia have begun operation of America's first multi-state video lottery game. Ca$hola (pronounced cash-O-lah) features a shared prize pool that will create the progressive jackpot game for players in all three states; a jackpot that currently has an annuity value of over $540,000 and grows until won. Sales of the Ca$hola game have begun at video lottery terminals (VLT's) located at tracks in the thr
Jul 26, 2006, 5:23 pm - Lottery News

NJ lawmakers cool to idea of selling lotteryNews Story
Part 3 of a 3-part look at the New Jersey Lottery In a state bleeding red ink and desperately needing a cash infusion to pay down growing debts, it sometimes seems like almost anything could come up for sale. In the name of quick cash, lawmakers have floated ideas for selling state buildings and iconic roads. In a smaller gesture aimed at squeezing out some dollars to balance the books, Gov. Jon S. Corzine recently stood in a field of used state cars to promote their sale. So what about
Jul 25, 2006, 10:09 am - Lottery News

Lottery, casino shutdown cost N.J. millionsNews Story
At Cafe Ole, a coffee house a block from the New Jersey capitol where business slowed to a trickle during a weeklong government shutdown, a new sign adorned the shop's door Monday. All of you are essential to us, read the sign, referring to the 45,000 state workers who flooded back into the city on the first work day after New Jersey approved a new budget, ending a weeklong government shutdown that furloughed workers, halted most state services and closed casinos for three days. The shut
Jul 13, 2006, 11:42 am - Lottery News