Mass. Lottery plans big expansion of keno-style game
The Massachusetts state lottery, which fell short of revenue projections last year, is dramatically expanding a keno-style game in a move it estimates could bring in an additional $160 million annually, officials said.
The Daily Race Game, in which players can win up to $900 on a $1 bet, will expand from 200 to 1,500 locations across the state, and the graphics will change from cars to horses. Lottery commissioners on Wednesday approved the changes, which should be complete by next spring.
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Oct 10, 2007, 7:45 pm - - Lottery News forum
CBS publishes second hatchet job on lottery
News outfit intent on slamming lotteries
CBS News, currently the lowest-rated broadcast network of the big three , today ran its second story in the past month attempting to dig dirt on lotteries in America.
In its latest diatribe, CBS News alleges one of the oldest, most widely-spread lottery myths that lotteries prey on the poor and destitute.
The problem is, the myth has been disproved time and again by long-term studies, using scientific means.
(See Study proves lottery not ' ...
Oct 8, 2007, 12:19 am - - Lottery News forum
Lottery competition between two border states
A close look at the Georgia and Tennessee Lotteries
University of Georgia demographer exemplifies general lack of understanding; buys into lottery myth: There aren't people in Brooks Brothers suits holding briefcases standing in line for tickets.
Bob Kilgore lives in Jasper, Tenn., but he regularly buys lottery tickets in neighboring Georgia.
I started playing the lottery in Georgia when it started (in 1993), and I've just kept buying most of my tickets in Georgia, Mr. Kilgore sai ...
Oct 5, 2007, 2:10 pm - - Lottery News forum
New $20 Mass. Lottery scratch game off to a record start
The Massachusetts State Lottery rolled the dice when it launched its first ever $20 instant ticket, the most expensive new product in its history.
A week after its big rollout, the gamble already appears to be paying off, with sales of the Billion Dollar Blockbuster off to one of the fastest starts of any ticket in Lottery history.
Nearly 2 million tickets have been sold so far, ringing up more than $40 million in sales. That edges two other tickets that in recent years got off to fast sta ...
Oct 4, 2007, 4:23 pm - - Lottery News forum
Mass. Gov. promises to protect lottery revenue
Seeking to nullify a major complaint about expanded gaming, Massachusetts Governor Deval L. Patrick is pledging to protect state Lottery revenues from being ravaged by casinos.
As part of his proposal to establish three casino resorts, including one in Western Massachusetts, Patrick said he will hold harmless the state Lottery, a major source of state aid to cities and towns.
The governor said he would cover any loss in lottery revenues with money from a proposed annual 27 percent tax ...
Sep 26, 2007, 10:52 am - - 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 - - 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 - - Lottery News forum
Tennessee Lottery takes back refund offer
Today the Tennessee Lottery rescinded its offer from last week to refund tickets purchased with the wrong jackpot amount listed.
In a release issued on their web site, the Tennessee Lottery emphatically stated, The Tennessee Lottery is not offering refunds for Powerball tickets purchased last week.
The Lottery regrets any confusion or inconvenience created by recent reports concerning some tickets sold on Sept. 6 and the morning of Sept. 7, 2007.
The lottery stated that players have ...
Sep 14, 2007, 2:24 pm - - Lottery News forum
Maryland Lottery revenues hit record $1.5 billion
The Maryland Lottery's sales for the past fiscal year topped $1.5 billion, a record high, marking the lottery's 10th consecutive year of sales growth, lottery officials reported yesterday.
From July 1, 2006, through June 30, prizes paid to players totaled a record $919 million, an increase of more than $16.5 million over the previous fiscal year. And retailers earned more than $112 million in commissions, an increase of $9.4 million. The lottery will contribute more than $494 million in reven ...
Aug 9, 2007, 9:34 am - - Lottery News forum
Oklahoma Lottery scrambles to increase revenue
Education funding doesn't see expected boon; officials cite low prize payouts as root cause
With sales floundering compared to projections, Oklahoma Lottery officials are scrambling to bring in more money.
State officials are saying the lottery hasn't been the boon to educational funding it was touted to be.
To increase lottery sales, Lottery Commission Executive Director Jim Scroggins is advocating putting more of the lottery sales into prize money, saying people play to win.
The fe ...
Jul 30, 2007, 10:13 am - - Lottery News forum
