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TagResults 71 - 80 of 323 for Legislation. (0.03 seconds)

FLASH: Tennessee Lottery audit won't investigate drawing errors
Out-of-control situation gets worse Legislators shocked to learn investigation won't study why errors occurred The Tennessee Lottery hired an outside auditor after a computer issue affected the Cash 3 and Cash 4 games in August, but the auditor will not examine why the system failed. Lottery officials previously said KPMG would be paid about $90,000 to look into the problem that kept repeat numbers from being drawn for those games for more than three weeks in August. But a letter ob ...
Oct 3, 2007, 12:02 pm - Todd - Lottery News forum

Okla. Lottery Commission struggles to meet its 35% profit requirement
As a result of the finance and audit committee's dreary budget forecasts for fiscal year 2008, the Oklahoma Lottery Commission is planning to trim costs and attempt to get a key statutory requirement of the commission eliminated. The board plans to try to amend out a requirement that the Lottery Commission post a 35-percent profit in their third year of operations. The board said they are doing all they can to trim operating costs without cutting current staff and advertising expenditures, ...
Sep 19, 2007, 4:34 pm - Todd - Lottery News forum

Arkansas Lt. Gov. proposes state lottery in '08
On Tuesday, Arkansas Lieutenant Governor Bill Halter said he hopes to have a state lottery on the ballot by 2008. That gives Arkansas voters the opportunity to decide for themselves whether or not the state should have a lottery, with all of the proceeds going to scholarship assistance to Arkansas students, said Halter. Currently Arkansas is only one of eight states across the nation without a state lottery in place. Neighboring Mississippi and Alabama are among others. But state ...
Sep 19, 2007, 3:02 pm - Todd - Lottery News forum

Opponents of lottery say 'I told you so'
A database consultant alleges the N.C. Lottery didn't deliver the money promised By Frank Koconis The N.C. Education Lottery has been in operation for barely a year, and so far the state has seen little benefit from it. The promised boost in education funding is much smaller than expected, and for certain programs, nonexistent. Even worse, some of the ominous predictions of those who originally opposed the lottery appear to be coming true. The lottery simply isn't bringing in nearly as ...
Sep 19, 2007, 1:35 pm - Todd - Lottery News forum

Congressman leads charge to regulate USA online gambling
Support for Congressman Frank's bid to regulate online gambling in the USA grows July has been a good month for Congressman Barney Frank, Chairman of the influential House Financial Services Committee and author of Bill HR 2046 the Internet Gambling Regulation and Enforcement Act which proposes the regulation and taxation of Internet gambling in the United States instead of banning the pastime. Five more Congressman have signed on to the Bill as sponsors, including Representatives Anthony ...
Jul 23, 2007, 8:52 pm - Todd - Lottery News forum

Calif. Lottery fails to meet Mega Millions deadline
The Democrat-controlled California legislature, which has taken an adversarial role against the California Lottery for the past several years, has not met its obligation to change state law by a court-ordered deadline, aimed at ensuring participation in multi-state lotto is fair to education, lottery officials said Wednesday. The lottery bill making the needed change extension of California's prize-claim period to match 11 other Mega Millions states remained stalled on the eve of Friday's ...
Jul 12, 2007, 1:12 pm - Todd - Lottery News forum

NJ Lottery to enforce child support withholdings from winners
Law already on the books, now legislature insists on its enforcement New Jersey moved closer Thursday to collecting its due from lottery winners who owe the state money. A measure approved unanimously by the Assembly would require lottery officials to deduct outstanding debt before awarding prize money. The proposal would affect anyone who wins more than $600 and owes the state money. State officials estimate that the new requirement would raise $800,000 to $1 million a year. The ...
Jun 22, 2007, 12:45 pm - Todd - Lottery News forum

N.C. Lottery foe confident that lottery will be ruled an illegal tax
By Steve Ford, News Observer Bob Orr has an agreeably youthful look about him, and not just because he's four days younger than I (a trivia item once called to his attention). Maybe it's only my imagination, but these days there seems to be even a hint of mischief in his smile as if he were a kid who had just poked a stick into an ant hill and was enjoying the confusion. If Orr prevails in his latest legal venture, lots of Raleigh's political ants will be running in tight circles. ...
May 29, 2007, 9:20 am - Todd - Lottery News forum

A mega decision for California Lottery?
The state lottery's 2005 entrance into multi-state Mega Millions lotto would become fully legal, and fair to gamblers and schools, under a bill approved Thursday by the Assembly. At the same time, the Assembly said it is hiring a think tank, Los Angeles-based Milken Institute, to assess Gov. Arnold Schwarzenegger's push to privatize the state-run lottery. The move came after the governor briefed Democratic legislative leaders on the plan, aimed at yielding immediate cash to ease the state bud ...
May 26, 2007, 9:40 am - Todd - Lottery News forum

Is the lottery a tax? N.C. appeals court hears arguments
The profit from the sale of lottery tickets in North Carolina is really a tax on the state's residents, which means the law that created the games was passed unconstitutionally, attorneys for a group of taxpayers argued Tuesday before the state Court of Appeals. The fundamental criteria is that the revenue is going to the general benefit of the public, Robert Orr, the taxpayers' lawyer, told the three-judge panel. The lottery was sold as a revenue-raising proposition to raise money for edu ...
May 22, 2007, 8:55 pm - Todd - Lottery News forum