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New Mexico Lottery suddenly terminates CEO

Nov 13, 2013, 11:23 pm

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New Mexico LotteryNew Mexico Lottery: New Mexico Lottery suddenly terminates CEORating:

Board provides no explanation for action

The New Mexico Lottery's board of directors has voted to terminate the contract of chief executive officer Tom Romero, effective immediately.

Romero had been the lottery's executive vice president of security since its inception in 1996 and CEO since November 2006.

The seven-member, governor-appointed Lottery Authority Board voted unanimously to terminate Romero's contract Wednesday.

No reason was immediately given for the move and board members declined to discuss the termination after the special session.

In a statement, the board thanked Romero for his many years of "devoted service to the lottery."

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19 comments. Last comment 7 years ago by jamella724.
Page 1 of 2
Nikkicute's avatar - wi lotto3.jpg
Wisconsin
United States
Member #123286
February 17, 2012
4109 Posts
Offline

That's strangeWhat?

Any New Mexico players here on LP?

...the secret to Luck is never to trust it...

2012 wins:$20 loss:$200  2013 wins:$100 loss:$270  2014 wins:$360 loss:$273 

2015 wins:$0 loss:$53     2016 wins:$0 loss:$22  2017 wins:$0 loss:$0

2018 wins:$2 loss:$17    2019 wins:$2 loss:$20

 

2020 Jan $0/$0  Feb $0/$0 Mar $0/$0 April $0/$0 May $0/$0 June $0/$0

         July $0/$0 Aug $0/$0 Sept $0/$6 Oct $0/$0 Nov $0/$0 Dec $0/$0

    Sherita's avatar - Lottery-043.jpg
    Georgia
    United States
    Member #3617
    February 6, 2004
    7547 Posts
    Offline

    The CEO of Georgia's Lottery Corp. should  be treated the same way!

    Congrats To All Winners and Posters!

    LurkingWe are all in it to win!  My Pet numbers 103,724,152,397,189,118,205.

    Ga Lottery Player!

    Hot-Due-Cold. Short Sums/Last Digit Sum. Pairs. Vtracs. Vtrac Pairs. SUM OF VTRACS CHART.

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      Avatar
      Pennsylvania
      United States
      Member #78050
      August 6, 2009
      833 Posts
      Offline

      We should have the Pennsylvania Lottery investigated, along with Corbin's personal finances, off shore bank accounts, hidden assets?   Investigate Attorney General!  You HAVE the Power of the People!

      Life Is Wonderful If You Don't Weaken

        MADDOG10's avatar - smoke
        50
        Beautiful Florida
        United States
        Member #5709
        July 18, 2004
        24234 Posts
        Offline

        Ouch, those splinters sure do hurt.  Don't you just Love it when a board terminates someone without a reason.   Maybe turnabout would be fair play there...!

                                                     

                                                       "Slander becomes the tool of the loser when the debate is lost." - Socrates.

          LottoMetro's avatar - Lottery-024.jpg
          Happyland
          United States
          Member #146340
          September 1, 2013
          1146 Posts
          Offline

          Interesting. He is also chairman of MUSL (Powerball).

          If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
          If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

          P&L % = Total Win($)/Total Wager($) - 1

            RedStang's avatar - laughing chimp.gif
            NY
            United States
            Member #121957
            January 21, 2012
            3169 Posts
            Offline

            I'm gonna guess, too many winners.

              Avatar

              United States
              Member #141030
              April 2, 2013
              1481 Posts
              Offline

              Hanky Panky?

              Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

              Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                helpmewin's avatar - dandy
                100
                u$a
                United States
                Member #106661
                February 22, 2011
                19967 Posts
                Offline

                Hanky Panky?

                Green laugh

                Patriot

                  helpmewin's avatar - dandy
                  100
                  u$a
                  United States
                  Member #106661
                  February 22, 2011
                  19967 Posts
                  Offline

                  That's strangeWhat?

                  Any New Mexico players here on LP?

                  lakerben Yes Nod

                  Patriot

                    sully16's avatar - sharan
                    25
                    Ringleader
                    Michigan
                    United States
                    Member #81738
                    October 28, 2009
                    76061 Posts
                    Online

                    Hmmm, I wonder if we'll hear more, there's always more.

                    US Flag

                      Avatar
                      Chasing $ Millions.
                      White Shores- California
                      United States
                      Member #136473
                      December 12, 2012
                      6312 Posts
                      Offline

                      Ouch, those splinters sure do hurt.  Don't you just Love it when a board terminates someone without a reason.   Maybe turnabout would be fair play there...!

                      Iol..splinters huh?
                      He probably knows why they showing him the door. I wonder if these CEO's of lottery Commissions get their " Golden Parachute" when they told their services are no longer required?

                        JoeBigLotto's avatar - Lottery-049.jpg
                        melbourne , florida
                        United States
                        Member #121136
                        January 3, 2012
                        247 Posts
                        Offline

                        Am not surprised mexico terminated it's lottery CEO but am surprised they terminated him peacefully and not the real Mexican way of termination .At least they are getting better civilized over there.lol

                          Jon D's avatar - calotterylogo
                          Los Angeles, California
                          United States
                          Member #103809
                          January 5, 2011
                          1530 Posts
                          Offline

                          Am not surprised mexico terminated it's lottery CEO but am surprised they terminated him peacefully and not the real Mexican way of termination .At least they are getting better civilized over there.lol

                          This is New Mexico, not old Mexico below the border. But I get what you mean.

                          Actually, in the old days, if he was doing hanky panky, they'd probably fire the secretary and give him a promotion. Instead, today they say "thank you for your years of service" and let him slip quietly away with a hefty severance package, probably to a high paying job in the private sector with one of the contractors, or possibly run for congress.

                            maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                            Massachusetts
                            United States
                            Member #37432
                            April 14, 2006
                            2747 Posts
                            Offline

                            I'm gonna guess, too many winners.

                            They can't have that lol the lottery is supposed to be painful and unforgiving..

                            That money's gone fo ever