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TagResults 1 - 10 of 24 for audit. (0.02 seconds)

Missouri Gov. orders review of Lottery operations
Missouri Gov. Jay Nixon has asked the state Office of Administration to carry out a comprehensive review of the Missouri Lottery's operations. The lottery posted more than $1.14 billion in sales last year, according to unaudited figures, but its $267.3 million profit (which goes to education funding) was $31 million short of its goal and was below 2006 totals when adjusted for inflation. The governor cited declining lottery and casino revenue in his decision to withhold $35 million of educ ...
Jul 24, 2014, 10:13 am - Lottery News forum

Audit: Florida lottery department keeps shaky records
The agency overseeing the Florida lottery doesn't exactly have the winning ticket when it comes to keeping track of its taxpayer-funded property. At least, that's the conclusion of a review conducted by the office of the state auditor general, David W. Martin. Auditors used the Florida Department of the Lottery's own records, and determined that as of July 31, 2013, millions of dollars in public property purchased and used by the department was poorly accounted for. As a result, officials ...
Jun 18, 2014, 5:06 pm - Lottery News forum

Wisconsin lottery auditors don't like branded scratch games
The Wisconsin Lottery is raking in record profits and that in turn benefits taxpayers. That was a key selling point when the lottery was approved, that some of the gambling sales would go to reduce property taxes. But state auditors think taxpayers could benefit even more. If you have an itch to play the lottery, the Wisconsin Lottery has a dizzying array of games to choose from. But the state's audit bureau says games requiring a licensing fee are not a good gamble for the state. Th ...
Jul 26, 2013, 9:48 am - Lottery News forum

Audit finds 'ticket cashers' remain problem for Mass Lottery
Allow winners to avoid paying taxes, support The Massachusetts State Lottery continues to have a widespread problem with ticket-cashers'' who claim prizes valued at millions of dollars, apparently allowing the actual winners to avoid taxes on their winnings, the state auditor said yesterday. An audit released yesterday, as well as prior reports, found numerous instances in which certain people were claiming hundreds of prizes worth millions of dollars,'' State Auditor A. Joseph DeNucci's o ...
Dec 23, 2010, 4:50 pm - Lottery News forum

Arkansas Lottery director scolded by legislators
Updated Nov. 11, 2010, 5:58 pm: Additional detail about audit and findings, with quotations from Passailaigue An Arkansas state audit has revealed a variety of deficiencies in how the Arkansas lottery is being run, and one legislator told the lottery director he would be gone if he led any other state agency. Members of the Legislative Audit Committee on Friday told lottery chief Ernie Passailaigue that they're not satisfied with how he has addressed problems that have come up since the lo ...
Nov 12, 2010, 1:26 pm - Lottery News forum

Auditor General criticizes Ontario Lottery top executives
Ontario's provincial Auditor General, Jim McCarter, released his 21 page report this morning which has questioned the integrity of the executives behind the OLGC. (See link to the full report after the article.) The report not only showed unnecessary purchases made by some of the top executives in the company, but disclosed how millions of tax payers' dollars were being used for parties, cars, trips to the spa and even hiring party planners. The investigation began on August 31, 2009 wh ...
Jun 3, 2010, 9:30 am - Lottery News forum

Ohio Lottery audit begins next week
State Auditor Mary Taylor officially begins her review of the Ohio Lottery Commission next week, two months after lottery officials tried to close the door on her by arguing that the attention is unwarranted. Auditors and lottery officials are scheduled to sit together next Wednesday at kick-off meeting during which the approach and scope of the audit will be outlined. The decision to conduct a performance audit of the $2.4 billion state agency is unusual because such audits are typically ...
Dec 30, 2009, 9:42 am - Lottery News forum

Lawmakers to mediate spat over Iowa Lottery security
Relations have become so strained between feuding directors of two state agencies that a couple of Iowa lawmakers have agreed to step in as mediators. The standoff pits state ombudsman William Angrick against Iowa Lottery chief executive Terry Rich. Angrick's staff, which investigates citizen complaints, has spent more than two years investigating the Iowa Lottery and has concluded that lottery players could be at risk of being cheated. Rich says he has responded fully to each of the om ...
Dec 14, 2009, 9:33 am - Lottery News forum

Ohio Lottery opposes state audit
The Ohio Lottery Commission has formally rejected State Auditor Mary Taylor's decision to launch a performance audit of the $2.4 billion agency without its blessing. Lottery Director Kathleen Burke said in a letter Saturday that the audit does not seem reasonable, necessary or a wise investment of public funds. Taylor's office notified the commission last week that it was beginning a performance audit, citing the uncertain nature of gambling revenue from month to month and an environment ...
Nov 23, 2009, 8:31 pm - Lottery News forum

Arkansas lottery panel to recommend salary survey for auditor position
Commission feeling the heat as outcry over high salaries continues The audit committee of the Arkansas Lottery Commission decided Wednesday to recommend a national survey of salaries paid to lottery auditors before setting pay for the person to be hired as internal auditor of Arkansas' lottery program. The panel agreed it would recommend the commission ask the Bureau of Legislative Research conduct the survey. Internal auditor is one of two lottery positions for which the commission is dir ...
Jul 22, 2009, 8:18 pm - Lottery News forum

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