Texas lawmaker aims to bring video gaming to state
Includes video report
Texas state senator Juan Chuy Hinojosa has filed legislation that would legalize video lottery games, a form of slot machine, in Texas.
Senator Hinojosa believes Texas is facing a large deficit, and video gaming slot machines would add an extra boost to economy.
We know by allowing slot machine at race tracks it will raise close to two billion dollars biennium , said Hinojosa.
Along with the extra revenue, the Senator says the proposed legislation will bring jo ...
Mar 8, 2011, 6:09 pm - Lottery News forum
New Hampshire Lottery celebrates 45th anniversary
Trailblazing N.H. had first-in-nation lottery
A tragic mistake. A scandalous experiment in state financing. The shame of New Hampshire.
Opponents of expanded gambling argue that it would hurt the state's image and cause more problems than it would solve. But the quotes above aren't from the current legislative debate; they're from newspaper editorials written in 1964, when New Hampshire launched the nation's first legal state-run lottery.
As the state considers allowing video slot mac ...
Mar 18, 2009, 9:16 pm - Lottery News forum
Indiana Lottery sell-off advances in state Senate
Correction: This story originally identified Kentucky as the state selling off its lottery. We apologize for the error.
A Senate committee approved legislation yesterday to privatize the Hoosier Lottery after university officials said they needed the money it would generate to attract top researchers and boost life sciences.
We believe this bill is a difference maker, said Purdue University President Martin Jischke.
Senate Bill 577 passed 7-5 largely along party lines, with Republi ...
Feb 21, 2007, 8:11 am - Lottery News forum
N.Y. casinos don't see lottery as a threat
Since casino gambling began in New York in 1993, the increased competition for those gaming dollars hasn't seemed to hurt sales of New York Lottery tickets, which saw a record $6.8 billion in sales in the fiscal year ended March 31, 2006.
Sales have been incredibly strong, said former Lottery Director Nancy Palumbo, who left the lottery late last year. New York's lottery, the most popular in the country, had an increase in sales of 7 percent in 2005-06.
Officials from the four largest ca ...
Jan 30, 2007, 11:15 pm - Lottery News forum
Video gambling a cash cow even for smaller states
Surveying West Virginia's rural neighborhoods, where most people lack broadband access to the Internet, you would never guess the state is a lottery cash cow.
That is until you drove by the racetracks that dot major population centers.
There you would see crowds of people shoving streams of dollars into buzzing and blinking video lottery terminals the reason this small state, with one of the country's lowest per-capita incomes is home to one of the most lucrative lotteries in the natio ...
Jan 30, 2007, 8:09 pm - Lottery News forum
Antigua gets favorable WTO gambling ruling over U.S.
The United States has suffered a new setback in a four-year-old legal battle with Antigua and Barbuda over U.S. restrictions on Internet gambling, a U.S. trade official said on Thursday.
At issue is an April 2005 World Trade Organization ruling against U.S. prohibitions on online horse race betting. Since then, the U.S. Congress has passed additional legislation to ban certain financial transactions related to gambling over the Internet.
Gretchen Hamel, a spokesman for the U.S. Trade Repre ...
Jan 27, 2007, 8:46 am - Lottery News forum
N.Y. Comptroller writes scathing letter to lottery board
New York's top fiscal officer is warning a state agency that its delay in approving a VLT casino contract for Aqueduct racetrack is costing the state needed revenues and risking bankruptcy for the New York Racing Association.
State Comptroller Alan Hevesi, in a scathing letter to the state Division of Lottery, strongly suggested that with a battle underway to craft a new Thoroughbred racetrack franchise in New York more is driving the VLT delay than normal bureaucratic reviews.
It is ...
Sep 18, 2006, 10:45 pm - Lottery News forum
Maryland Lottery to add horse race tie-in
A good idea is a jewel to behold, even if it seems to come out of left field, or, say, the backstretch where the main goal is aimed at a winner's circle somewhere else.
In Maryland racing a couple of weeks ago, a good idea surfaced in the form of an announcement about a lottery campaign with a brilliant tie-in to the Maryland Million, the signature day of racing for state-sired horses. The Million, set for October 14, will come up for the 21st time this year, at Laurel Park, and this time aro ...
Aug 21, 2006, 1:30 pm - Lottery News forum
Oregon to add gaming machines at horse track
In a move that supporters say will help save horse racing in the state, the Oregon House approved a bill that would expand the number of slot and video-poker machines at Portland Meadows.Wagering at the racetrack has been relatively flat in recent years as bettors have turned to other forms of gambling. Lobbyists said that more machines are needed to entice bettors to the track.Under the terms of the bill approved Wednesday, the track could have 30 machines, triple the current number. The bill g ...
Jul 8, 2005, 1:09 pm - Lottery News forum
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