N.M. acts to save Lottery scholarship fund
A lottery-financed college scholarship program is running out of money, and lawmakers are looking for a fix that won't hamper efforts to encourage young New Mexicans to attend universities and colleges in the state.
The scholarship fund could be depleted by 2014 if nothing is done in the Legislature this session and tuition rates continue to rise sharply, according to the latest state projections.
The Senate Education Committee unanimously endorsed a measure Wednesday that would shore up t ...
Feb 11, 2011, 9:30 am - Lottery News forum
S.C. Senate passes expanded gambling law
Includes video report
The South Carolina State Senate passed a bill Wednesday that would allow charities, schools and churches to hold raffles legally.
Right now the only legal raffle in the state is the lottery. Opponents of this new bill said it would open the door for organized gambling.
However, supporters disagree and said it's common sense to update state law that's more than 200 years old. The activity is practiced among organizations in order to raise money for good causes.
Feb 11, 2011, 7:40 am - Lottery News forum
Lottery fails in Wyoming
For the third time in six years, state lawmakers have killed a proposal to establish a lottery in Wyoming.
By a 33-27 vote, the Wyoming House defeated legislation that would have created a quasi-public corporation to either run a Wyoming-only lottery or join a multistate lottery system.
Wyoming remains one of seven states not to have a state lottery.
Proponents of the legislation, House Bill 186, said many Wyoming residents have asked for a state lottery. A lottery would also help Wyomi ...
Feb 3, 2011, 8:10 am - Lottery News forum
Wyoming House gives preliminary OK to lottery bill
The Wyoming House of Representatives has given preliminary approval to a bill to allow the sale of multi-state lottery tickets.
Thirty-three of 60 House members voted for the bill Monday. It could also allow creation of an in-state lottery, but not the sale of instant scratch tickets.
Sponsor Republican Rep. Dave Zwonitzer of Cheyenne said Wyoming should pass the bill to capture money that residents now spend buying lottery tickets out of state.
Republican Rep. Bob Brechtel of Casper sa ...
Feb 1, 2011, 6:21 pm - Lottery News forum
Wyoming lawmakers moving to start lottery
Wyomingites are one step closer to buying lottery tickets within state lines.
A bill that would allow the Cowboy State to start a state lottery or join a multi-state lottery game like Powerball cleared its first step in the House on Thursday. Similar lottery proposals failed to move much farther two and four years ago.
But House Bill 186 doesn't expand state government and doesn't require a $1 million investment to get started. Instead, the bill would set up a corporation to oversee the bu ...
Jan 28, 2011, 9:54 pm - Lottery News forum
N.J. looks to be first in nation with online lottery sales
Retailers worried about loss of revenue, store traffic
For Tushar Patel, every $1 lottery ticket he sells at his Pantry 1 Food Market in Hammonton yields more than the 5-cent commission he gets from New Jersey.
Patel said he makes more from the other purchases of customers who visit the store for lottery tickets.
Eighty (percent) to 90 percent of the people who play the lottery here buy coffee and other things, Patel said.
The state lottery posted record sales exceeding $2.6 billion ...
Jan 28, 2011, 8:30 pm - Lottery News forum
Tenn. Lottery scholarships underfunded
The Tennessee Lottery games aren't generating enough money to pay for all of the Hope Scholarships. Now, lawmakers are putting options together that could make it tougher for students to get a scholarship in the future.
More students than ever are eligible to receive the annual $4,000 Hope Scholarship. A special task force has been analyzing the problem for the last year. Lawmakers say they don't want to impact any current scholarships and break promises to students.
That's part of their ...
Jan 19, 2011, 7:44 am - Lottery News forum
Electronic NJ lottery ticket plan advances
Legislation that would allow people to buy New Jersey lottery tickets on the Internet and by other electronic means continues to advance in the state Assembly.
The Regulatory Oversight and Gaming Committee approved the measure this month and referred it to the chamber's Appropriations Committee, which hasn't yet scheduled a hearing on it. The legislation would require state lottery officials to implement a system that would allow people to buy tickets via the Internet, e-mail, text messaging ...
Dec 20, 2010, 7:29 am - Lottery News forum
Harry Reid pushing to legalize online poker for American casinos, horse tracks
Senator Harry Reid (D-Nev.) is reportedly taking a gamble that would change up the online poker industry.
The popular game may soon be run on the web by casinos in Nevada and across the United States, thanks to legislation being floated by the Nevada senators' staffers, the Wall Street Journal reported.
American financial institutions were banned from processing online gambling transactions in 2006, costing the industry billions in what has been a rapidly-growing American addiction worth $ ...
Dec 8, 2010, 7:58 am - Lottery News forum
Most Kentucky Lottery players don't know where the money goes
Kentucky is only state with odd law that prohibits advertising where funds go
Since its inception, the Kentucky Lottery has taken in $12.5 billion. A recent study said most people in the commonwealth have no idea where that money goes.
A local TV station has been investigating how much of that Powerball cash actually goes to Kentucky.
Kentucky Lottery officials believe they could be taking in more money if Kentuckians were better informed about lottery proceeds, but state law is prevent ...
Oct 29, 2010, 9:53 am - Lottery News forum