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GTECH gets 90-day contract extension with Colorado LotteryNews Story
GTECH Holdings Corporation today announced that the Colorado Lottery, under the provisions of its original contract with GTECH, has granted the West Greenwich-based company a 90-day contract extension.GTECH's current contract with the lottery is set to expire on October 31, 2004, GTECH said.The Colorado Lottery had selected Scientific Games Corporation as its vendor to provide equipment and services for a new integrated online and instant-ticket lottery system in October 2002, following a compet
Oct 13, 2004, 8:42 am - Todd - Lottery News

Lottery winner doesn't have to shareReply
Fortunately the judge had more to work with than logic. The judge also had an understanding of contract law and the ability to recognize that a mortgage between a borrower and a lender is substantially different than an agreement between friends or relatives to share something equally. Your mortgage is an agreement to repay money the bank already gave you, and it includes very specific terms detailing when your contractual obligation ends. While there would be other details, the main provisio
May 13, 2010, 2:13 am - KY Floyd - Lottery News

Will R.I. Lottery win or lose in $1 billion IGT contract battle?News Story
Is it a wise move that would keep more than 1,000 high-paying jobs in Rhode Island or just the latest example of a you gotta know a guy back-room deal? Is the lottery giant IGT as Rhode Island as Del's lemonade or as British as Big Ben? In short, is the proposed no-bid, $1-billion, 20-year extension of IGT's current 20-year gambling technology contract a solid win for the Rhode Island economy or an ill-advised sweetheart deal ? As state lawmakers prepare to review the proposal this fall
Aug 13, 2019, 8:34 am - Todd - Lottery News

$500K lottery prize divides two elderly sistersReply
Whether or not a contract needs starting or ending dates depends on the contract. It's easy enough to renew a contract that it's rather pointless to leave it open ended, regardless of what the contract is for. In some cases the dates may be implied, and there may be no reason to spell out a starting date. The sisters' contract would be a good example of the latter, where not having a starting date would imply that it takes effect immediately, and that was presumably their intention at that time.
Aug 17, 2009, 7:40 pm - KY Floyd - Lottery News

Lottery director's ties to St. Paul vendor probedNews Story
Auditors probing the business dealings of Minnesota State Lottery director George Andersen have been pursuing a claim that he steered thousands of dollars of lottery money to a vendor he controlled.Andersen was found unconscious Tuesday outside his home in Hugo. He had a self-inflicted wound to his wrist, and a knife was found nearby, authorities said. A preliminary autopsy report released Wednesday called his death a suicide and said he died from hypothermia due to exposure.Andersen died a day
Jan 30, 2004, 6:42 am - Todd - Lottery News

Sisters' lottery jackpot trial begins todayReply
The very first sentence in the article clearly says that they played together for years and the court ruled that the consideration that was exchanged was the mutual promise to equally share any prizes. The article also clearly says that the sister who is suing previously shared a $175,000 prize with the sister who bought the PB ticket. The original challenge to the contract was that Connecticut had a law making gambling contracts illegal, but the court ruled that the contract is valid because it
Mar 24, 2010, 1:44 am - KY Floyd - Lottery News

GTECH is in play in BrazilNews Story
Analysts don't think a political scandal will hurt the company's chances of continuing to run the country's lotteryA top Brazilian government official allegedly told two GTECH Holdings Corp. employees in 2003 that they could have a lottery contract extension.All they needed to do, said Waldomiro Diniz, the former deputy head of parliamentary affairs, was hire a consultant for between $4 million and about $6 million, according to Brazilian newspaper reports based on the employees' testimony.A lot
Mar 26, 2004, 9:15 am - Todd - Lottery News

Arkansas Lottery officials sign contract with Camelot for business planNews Story
Arkansas officials signed a contract Monday with lottery consultant Camelot Global Services, which will develop a business plan for the state lottery and help implement the plan, a spokesman for the state Department of Finance and Administration said. Lottery Director Bishop Woosley and finance department Director Larry Walther signed the contract, said spokesman Jake Bleed. Camelot has offices in Philadelphia and London. We are awaiting confirmation on their end that the contract has bee
Dec 1, 2015, 9:30 am - Todd - Lottery News

Illinois Lottery Ad Contract Under ScrutinyNews Story
Illinois Attorney General Lisa Madigan said Wednesday she wants to know more about a $19 million advertising contract for the state lottery that was the subject of a critical audit earlier this month.Her questions center on the results of a report by Auditor General William Holland that shows R.J. Dale Advertising Public Relations had received $7.1 million to promote the state lottery, but could demonstrate only $2 million worth of work. We have reached out to the auditor general and we will b
May 18, 2005, 9:15 am - Todd - Lottery News

Scientific Games Awarded Contract By Mass. LotteryNews Story
Estimated Value of Contract is $20-$25 MillionScientific Games Corporation announced that the Massachusetts Lottery has awarded it the contract to be its primary supplier of instant tickets and related marketing services.The current Scientific Games contract is due to expire in August, 2004. The new contract is for an initial term of two years with three one- year options to renew. The value of the contract is estimated between $20-25 million over the initial two-year term.Massachusetts sells $3
Jul 7, 2004, 9:28 am - Todd - Lottery News