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Tennessee Lottery executive exodus concerns lawmakersNews Story
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

Connecticut firefighter wins $2.6MNews Story
Litchfield, Conecticut resident James Lynch beat the odds when he became $2.6 million richer, winning the states Classic Lottery jackpot on April 13.Lynch, of South Street, is a battalion chief with the Waterbury Fire Department. According to his co-workers, Lynch is still employed by the department. Area residents say Lynch and his wife Jacquelyn have children within the public school system.Approached about the prize Monday night, Lynch said he had no comment. Classic lottery tickets can be p
May 4, 2004, 7:03 am - Lottery News

GTech Profit Up as Lottery Sales RiseNews Story
GTech Holdings Corp., a leading lottery systems operator, on Thursday said quarterly earnings rose 14 percent, on acquisitions and higher lottery ticket sales driven by big jackpots.The fiscal fourth-quarter earnings topped Wall Street estimates, but GTech stock fell slightly. It was a good quarter, but not a phenomenal one, Farmhouse Equity Research analyst J.P. Mark said. People expected them to beat estimates. For the fiscal fourth quarter ended Feb. 28, the West Greenwich, Rhode Island, co
Apr 16, 2004, 9:33 am - Lottery News

GTech to buy Leeward Islands LotteryNews Story
World's largest lottery systems operator plans to acquire Caribbean-based Leeward for $40 millionGTech Holdings Corp., the world's largest lottery systems operator, on Monday said it would acquire a lottery operator based in the Caribbean for $40 million in cash.It said the acquisition of privately held Leeward Islands Lottery Holding Co., based in Antigua and St. Croix, gives it an entry to an important market. We believe the acquisition of LILHCo gives GTECH a strategic foothold in the Caribbe
Apr 5, 2004, 11:19 am - Lottery News

Connecticut Lottery Systems will be Shut Down SundayNews Story
The Connecticut Lottery Corp. is shutting down its system statewide on Sunday to upgrade its software system.Lottery retailers will not be able to generate or cash lottery tickets on Sunday until around 7 p.m., when the conversion is expected to be complete.Lottery spokeswoman Diane Patterson said customers should try to purchase tickets on Saturday for Sunday's games.The installation will not affect Sunday's lottery game drawings for Play 3, Play 4 and Cash 5. The winning numbers for Saturday's
Mar 12, 2004, 7:43 am - Lottery News

School Board Discusses Resolution Supporting N.C. LotteryNews Story
School Leaders Say Money Spent In Virginia Could Be Spent On N.C. EducationNorth Carolina school leaders near Virginia seem especially passionate about the lottery money that goes north of the border.They want it spent here on education. Tuesday night, the Roanoke Rapids school system is expected to become the first in North Carolina to try to make that happen.Virginia welcomes travelers headed north into Greensville County. Just a few miles up the interstate Tuesday, a convenience Store in Skip
Feb 18, 2004, 5:27 am - Lottery News

GTECH Named Apparent Winning Vendor for Mexico Lottery ContractNews Story
GTECH Holdings Corporation announced Tuesday that its wholly-owned subsidiary, GTECH Corporation, has been selected by Pronosticos para la Asistencia Publica (Pronosticos) as the apparent successful vendor to provide equipment and services for a new online lottery system and associated telecommunications network in Mexico under a proposed six-year contract. This decision is the result of a competitive procurement.The Request for Proposal (RFP) calls for the replacement of Pronosticos' existing
Feb 4, 2004, 5:41 am - Lottery News

GTECH Moves Jobs From Ohio To Rhode IslandNews Story
GTECH, one of the largest suppliers in the lottery industry, will eliminate 130 jobs in Ohio, moving those job functions to Rhode Island.Starting April 1, Interlott Technology Inc. will be moved by parent company GTECH Holdings Corp. to its headquarters in West Greenwich, R.I. The move should be completed by September, company officials said.Interlott makes instant ticket lottery machines, and was acquired by GTECH in September for $85 million.A company spokeswoman said relocation assistance wi
Feb 2, 2004, 5:11 am - Lottery News

New York Lottery Director NamedNews Story
Niskayuna resident Nancy Palumbo has been named to head New York state's Division of the Lottery.Palumbo replaces Margaret DeFrancisco in the $137,000 job. DeFrancisco will take over as head of the Georgia State Lottery.Since 1999 Palumbo's been the executive deputy commissioner in charge of finance and administration for the state Office of Parks Recreation and Historic Preservation. She was also deputy commissioner at the agency.Palumbo, who has worked in state government for 20 years, has hel
Jan 28, 2004, 9:16 am - Lottery News

Security heads list of lottery prioritiesNews Story
There could be a lot of winners after scratch-off lottery tickets go on sale at 12:01 a.m. tomorrow.But it won't be because the lottery manipulated the games to produce more winners right away to entice more people to play.''It will appear there are more winners the first day than the second day,'' said Rebecca Paul, president and chief executive officer of the Tennessee Education Lottery Corp.''We'll sell more tickets the first day so we'll have more winners based on the fact that you sell more
Jan 19, 2004, 7:18 am - Lottery News