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Texas lottery legislation seeks to ensure state's share of revenue
Texas State Sen. Jane Nelson, one of the Legislature's most vocal gambling opponents, has sidetracked a measure to extend the life of the Texas Lottery Commission by tucking in a provision saying that the state must receive at least a 25-cent cut of every dollar wagered in every game.Nelson's amendment to Senate Bill 405, if it survives the legislative gristmill, could doom the already-struggling effort to legalize video slot machines under the lottery's auspices. Critics warned that it could cr
Apr 27, 2005, 11:38 am - Todd - Lottery News

Massachusetts Judge Denies Demand for Lump-Sum Lottery Prize Payment
Legislature earlier this year to create legislation that allows winners to assign their prizes to a Lottery-registered financial company. These companies provide the winner with a lump-sum check for their winnings (minus a fee, which is as low as seven percent and varies depending on the amount of the prize).who got paid off for that legislation. [pay a fee]
Dec 30, 2004, 8:28 pm - JAP69 - Lottery News

Lawsuit acuses Texas of misusing lottery funds
A lawsuit filed by a watchdog group seeks to block the State of Texas from making more payments to a Las Vegas law firm hired a year ago to draft legislation to legalize video slot machines.The lawsuit, filed Tuesday by Russ Verney of the national watchdog group Judicial Watch, contends that the state exceeded its authority when it agreed to spend lottery proceeds to pay the firm.The Texas attorney general's office hired the law firm Lionel, Sawyers and Collins to develop legislation that would
Dec 17, 2004, 3:13 pm - Todd - Lottery News

Lottery, legislators tug at unclaimed jackpots
A record-setting $50 million lottery ticket that went unclaimed looks likely to be more bad luck, this time for the Florida Lottery.The largest jackpot left on the table in Florida history is inspiring a flood of legislation requiring that such dollars go directly to education not back into future prizes or promotions as current law allows.The Florida Lottery warns such a move could backfire, reducing payouts and, in turn, the volume of ticket sales.Some state legislators, eager to pump money in
Dec 24, 2003, 6:51 am - Todd - Lottery News

Legislation allows Montana lottery winners to remain anonymous
The Montana Lottery sent out its first news release Friday listing major lottery prizes won this week without including the names of the winners, following a new law allowing prize winners to remain anonymous. The Legislature passed the bill last month and Gov. Greg Gianforte signed it into law on March 31. While the legislation did not have an effective date, lottery spokesperson Jennifer McKee said they followed the spirit of the legislation in only releasing the towns were the major pri
Apr 15, 2021, 11:42 am - Todd - Lottery News

NJ may ban smoking in casinos
Acting New Jersey Governor Richard J. Codey may use the power the position he stumbled into when Gov. McGreevey resigned last year to push an aggressive anti-smoking agenda, which would even include banning smoking in New Jersey casinos.Codey's flip-flop on the smoking ban has restaurants, casinos, and small business owners upset. The marketplace not the government should decide if it makes sense to allow people to smoke in certain areas, they contend.The proposal to ban smoking in most public
Mar 10, 2005, 8:30 am - Todd - Lottery News

Audit finds misuse of Colorado Lottery fund
Legislation, rule changes seek tighter tracking of spendingColorado state leaders Tuesday unveiled plans to curb substantial problems uncovered by a newly released audit of Colorado's conservation trust fund, a multimillion-dollar pot of lottery profits that is supposed to pay for parks and recreation.A state audit released Tuesday found that more than $1.2 million of the fund's expenditures in 2002 were spent by local governments in ways the state does not allow.The audit also criticized 10 c
Jan 28, 2004, 9:20 am - Todd - Lottery News

Brock defends lottery opposition
North Carolina State Sen. Andrew Brock, R-Davie, continues his strong opposition to a statewide lottery while pushing a proposal to move the start of the public school year to after Labor Day.The revenues saved in not having to air-condition schools in August and the extra tourism dollars generated in North Carolina during those same weeks would equal or exceed the proceeds from a lottery, Brock said.Brock said he doesn't trust any politician who says lottery proceeds will go to education. A lot
Aug 29, 2003, 11:23 am - Todd - Lottery News

Facebook IPO now being called "a flop"
its also gonna be interesting to see what new legislation is going to be drawn for even MORE regulation... I think at some point...you have to realize...that more legislation is not gonna work...all it does is make jobs for lawyers. If big banks always seem to get a free pass, then why should they care or worry about any legislation whatsoever?
May 26, 2012, 7:08 pm - LottoBoner - Lottery Discussion Forum

NY Lottery OKs video table games
Gotta Luv NY State, our State government has STOPPED working as the Senate is in a power struggle for WHO is in control but... We are ready to move forward now, said New York Lottery Deputy Director Bill Murray. We don't think we need the legislation. NY Lottery doesn't need the legislation!!! WOW, someone tell me how to get our property taxes/school taxes/sales tax ect. AROUND the State legislation
Jun 25, 2009, 5:54 am - bashley572 - Lottery News