New Hampshire crushes lottery winners with new 10% taxNews Story
Two $1M winners rush to get prizes before taxes skyrocket Will higher taxes have the wrong effect and reduce revenue to the state? The day before a massive 10 percent state tax on lottery prizes went into effect in the Granite State, two winners claimed separate $1 million jackpots something never before witnessed by a 20-year veteran of the lottery. Milford High School teacher John Kasparek, 42, of Brookline, took a lump sum cash payment of $650,000 before taxes after a NH Millionaire' ...
Jul 1, 2009, 8:11 pm - Todd - Lottery News forum

NY Lottery OKs video table gamesNews Story
The New York Lottery will permit state-run casinos to add video roulette, baccarat, craps and blackjack next year even if the Assembly fails to authorize the move. We are ready to move forward now, said New York Lottery Deputy Director Bill Murray. We don't think we need the legislation. Murray, who also is general counsel for the Lottery, announced the state's plan to allow video versions of traditional casino table games today during 8th annual New York Gaming Summit at the Gideon Putn ...
Jun 25, 2009, 1:39 am - Todd - Lottery News forum

Conn. AG urges changes before allowing KenoNews Story
Attorney General Richard Blumenthal advised Connecticut legislators Monday to amend the state's memoranda of understanding with two federally recognized Indian tribes before attempting to legalize Keno in the state. He said the proposal to bring Keno to Connecticut, suggested last week by Gov. M. Jodi Rell as a way to raise about $60 million a year in new revenue, could risk the $400 million the casinos provide the state annually in slot machine revenues. Under that memoranda between the t ...
Jun 2, 2009, 6:48 am - Todd - Lottery News forum

Delaware legalizes sports bettingNews Story
Table games are next; Maryland lawmakers worried Standing in front a screen displaying lines for the NFL, NBA and MLB, Gov. Jack Markell Thursday signed a sports betting bill into law at a ceremony inside the VIP room at Delaware Park racetrack and casino. After signing the legislation Markell said his administration looks forward to working with the state's three racinos to make the Delaware sports lottery as successful as possible. There is tremendous interest in the sports lottery t ...
May 15, 2009, 8:45 am - Todd - Lottery News forum

Nevada woman hits $33 million jackpot at casinoNews Story
A woman who had planned to spend a quiet Easter at home is $33 million richer after hitting the second largest Megabucks jackpot in history at a Nevada casino. Slot machine maker International Game Technology says 38-year-old Rachael Renee Romanick hit the jackpot Sunday night at Terrible's Rail City in Sparks. Romanick says a friend persuaded her to join him at the casino that night. She says she had been playing the machine for about 10 minutes when she landed the big prize. The large ...
Apr 15, 2009, 9:50 am - Todd - Lottery News forum

Georgia Lottery considers casino optionsNews Story
Plan aims to increase jobs, scholarship money Underground Atlanta's developers have put their cards on the table to bring casino-style gaming to Georgia. Dan O'Leary and John Aderhold, the leaseholders of Underground, have approached the Georgia Lottery board with plans for a half billion-dollar casino and hotel complex that would inject cash into the HOPE Scholarship and generate millions of tax dollars for the region. The leaseholders of city-supported Underground and Delaware horse t ...
Jan 14, 2009, 3:27 pm - Todd - Lottery News forum

How online gamblers unmasked cheatersNews Story
In the wild, wild west, when a poker player was caught cheating it was a capital offense, with the punishment quickly dispensed right across the card table. But today if you're caught cheating in the popular and lucrative world of Internet poker, you may get away scot-free. At least that seems to be what is happening in the biggest scandal in the history of online gambling. A small group of people managed to cheat players out of more than $20 million. And it would have gone undetected if i ...
Dec 1, 2008, 2:17 pm - Todd - Lottery News forum

Arkansas voters get first lottery-only proposalNews Story
Arkansas banned lotteries even before state lawmakers determined how to properly pronounce the state's name. The 1874 ban held through the era of Hot Springs' illegal casinos and their destruction at the hands of sledgehammer-wielding state troopers nearly a century later. In the time since, attempts to legalize a government-run lottery always included bringing back casino games or something else just as unpalatable for a state squarely in the nation's Bible Belt. Now, though, a proposal b ...
Oct 31, 2008, 7:24 pm - Todd - Lottery News forum

Kansas Lottery surpasses $1 billion mark in profits for the stateNews Story
The Kansas Lottery has banked its first $1 billion while also marking its 20th anniversary. At ceremonies Friday in Topeka, director Ed Van Petten said sales revenue transferred to the state treasury on Thursday pushed the game's all-time profits over the $1 billion mark. We are thrilled to tell you that the lottery has reached another milestone, he said. The second billion won't take nearly as long after Kansas' state-owned numbers game morphs into state-owned casino operator under a ...
Nov 12, 2007, 8:19 am - Todd - Lottery News forum

Mass. Gov. promises to protect lottery revenueNews Story
Seeking to nullify a major complaint about expanded gaming, Massachusetts Governor Deval L. Patrick is pledging to protect state Lottery revenues from being ravaged by casinos. As part of his proposal to establish three casino resorts, including one in Western Massachusetts, Patrick said he will hold harmless the state Lottery, a major source of state aid to cities and towns. The governor said he would cover any loss in lottery revenues with money from a proposed annual 27 percent tax ...
Sep 26, 2007, 10:52 am - Todd - Lottery News forum