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TagResults 81 - 90 of 171 for government. (0.02 seconds)

N.C. lottery revenues redirected away from education
Lottery opponents warned it would happen; they were right State lawmakers voiced concern today over a transfer of proceeds from lottery-ticket sales from school construction to the state's general fund. Gov. Bev Perdue's office also clarified details of the transfer today, a day after school systems learned they would lose this quarter's state funding for school construction. Perdue's office said today that the funding being withheld, $37 million from lottery profits and $5 million from ...
Feb 27, 2009, 9:36 am - Lottery News forum

Illinois Senate president hopes to expand lottery
Internet sales being contemplated Hoping to squeeze more money out of the state lottery, Illinois Senate President John Cullerton wants to sell tickets online and hire a private company to manage and market the games. Cullerton thinks new technology and fresh ideas could help Illinois facing what could be a $9 billion hole in next year's budget dramatically boost lottery revenues. I would venture to say you could potentially even double it, the Chicago Democrat said in a recent intervi ...
Feb 16, 2009, 9:38 pm - Lottery News forum

Kentucky blocked from seizing gambling domain names
Kentucky may not seize 141 online casinos' Internet domain names in an attempt to block them from operating within the state's borders, a three-judge appeals panel ruled. In a 2-1 opinion Tuesday, the Kentucky Court of Appeals panel said an Internet domain name is not a gambling device. That left the Franklin County Circuit Court without jurisdiction in the matter. It stretches credulity to conclude that a series of numbers, or Internet address, can be said to constitute a 'machine or any ...
Jan 21, 2009, 4:47 pm - Lottery News forum

Arkansas lottery bill is first legislation filed for 2009
The first bill filed in the 2009 legislative session Monday carried symbolic weight and political heft but was scanty on substance. Incoming House Speaker Robbie Wills' one-page bill is a shell for what will become a bill to create and regulate state lotteries. It noted that voters approved the constitutional amendment this month and the revenue would be dedicated for college scholarships. This is appropriate that this be the first bill filed, said Wills, a Conway Democrat. It's an histor ...
Nov 18, 2008, 4:35 pm - Lottery News forum

Lawmakers steamed about lottery promotion
The Maine Lottery is getting strong, bipartisan criticism for its Funds For Fuel promotion as lawmakers say the lottery should not be using Mainers' fear of high fuel prices this winter to sell more lottery tickets. I think it is misleading, Sen. Debra Plowman, R-Hampden, a member of the Legislature's Legal and Veterans Affairs Committee that has oversight of the lottery, said this week. It almost sounds like some of the money will go to fuel assistance. It doesn't. It is just another way to ...
Nov 14, 2008, 7:39 am - Lottery News forum

Weak bond market lowers lottery annuity jackpots
Situation serves as reminder of how jackpots are calculated The nation's financial crisis is causing a dip in one of the optional jackpots offered in Wisconsin's Megabucks lottery game. The lottery said Tuesday that the annuity option which has a jackpot paid in installments over 29 years will decline for the first time because of a weak bond market. State lotteries fund their annuity options by using ticket revenue to buy conservative, government-backed bonds. For the Wisconsin lott ...
Oct 29, 2008, 9:06 am - Lottery News forum

DOJ says privatizing state lotteries illegal
Indiana drops privatization plans after DOJ issues opinion Indiana Governor Mitch Daniels said Friday that he is dropping the idea of privatizing the Hoosier Lottery as an option of funding a college scholarship program after the U.S. Department of Justice said such a move would not comply with federal law. The Oct. 16 opinion, which Daniels' office said was requested by Indiana and New Jersey, says states would not comply with federal law if they enter into long-term private management ag ...
Oct 28, 2008, 8:25 am - Lottery News forum

Oklahoma lottery seeking more prize money
Oklahoma lottery officials may try to ask the Legislature to put more money into prizes, but a House leader doesn't expect they'll have much success. Sales of lottery games are down about $9.6 million in the first 3 months of the 2009 fiscal year. Oklahoma Lottery Executive Director Jim Scroggins last week suggested that the commission approach lawmakers after the Nov. 4 elections.The idea did not win much support in this past legislative session and faces long odds this time around. We a ...
Oct 21, 2008, 8:51 am - Lottery News forum

Lawsuit filed to pull lottery off Arkansas ballot
A group opposing a state-run lottery asked the Arkansas Supreme Court on Friday to throw the proposal off this fall's ballot. The Arkansas Family Council argued in a petition filed with the state's highest court that the proposed constitutional amendment's title and name should be found inaccurate, incomplete and misleading because they don't define lotteries and doesn't warn voters of potential consequences of authorizing a state-run lottery. The proposal leaves it up to the Legislature to w ...
Sep 20, 2008, 2:42 pm - Lottery News forum

Illinois House approves privatizing state lottery
Illinois would raise $10 billion for building roads and schools by privatizing its state-run lottery for half a century under a plan the House approved Wednesday night. After years of resisting, Speaker Michael Madigan and his House Democrats approved turning the lottery over to a private vendor because Gov. Rod Blagojevich and the Legislature have never agreed on another way to pay for a statewide construction program. The House also voted to restore some of the painful budget cuts Gov. R ...
Sep 12, 2008, 3:15 am - Lottery News forum