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Indiana Lottery privitization takes big step forward
Indiana Gov. Mitch Daniels' plan to privatize the state lottery took a major step forward Tuesday when a key Senate fiscal panel narrowly approved the proposal. The 7-5 vote came after educators and business leaders lined up to support leasing the Hoosier Lottery to a private operator in exchange for $1 billion toward a life sciences initiative and scholarships meant to keep smart Hoosier kids in Indiana. One Republican joined the four Democrats on the committee to vote against the measure
Feb 21, 2007, 8:35 am - Todd - Lottery News

Lottery foes try to restrict gambling, with little success
Some New York lawmakers want the state to tell lottery-ticket buyers how slim the odds are of winning, and raise the gambling age from 18 to 21 to try to discourage gambling sprees. But those who oppose change have a ready rejoinder: The state is, in effect, addicted to the billions in revenue that Lottery games generate. The status quo is likely to prevail. If you put in the ad 'The New York Lottery jackpot is now $10 million' and in the next graph say the odds of wining are 1 in 12 m
Jan 31, 2007, 12:51 am - Todd - Lottery News

N.C. lottery fraud trial puts S.C. Lottery under microscope
The federal trial of Kevin L. Geddings is probing as deeply into his pro-lottery work in South Carolina as it is into his activities leading up to his appointment last year to North Carolina's lottery commission. And the evidence presented so far by prosecutors suggests they see a pattern of conduct payments to Geddings by lottery vendor Scientific Games in exchange for helping the company win lottery business. Testimony and evidence show that creating a lottery in the Palmetto state
Sep 27, 2006, 12:57 pm - Todd - Lottery News

New Mexico lottery spends the most on administrative costs
New Mexico's lottery spends a far greater percentage on administrative costs than almost any other lottery in the nation, and as a result, risks having to make reductions in the lottery scholarship program if changes aren't made. Those are the results of a report issued by Think New Mexico, a public policy group which in the past has successfully lobbied for full-day kindergarten, elimination of the food tax and creation of individual development accounts. This is the first year they're g
Sep 5, 2006, 7:45 am - Todd - Lottery News

Not guilty pleas entered in online gambling case
The former chief executive of one of the world's largest online gambling companies, BetOnSports, will remain in federal custody after pleading not guilty Monday to charges of mail and wire fraud and racketeering. David Carruthers, 48, was one of several BetOnSports PLC employees and associates named in a federal 22-count indictment who pleaded not guilty. Neil Kaplan and Lori Kaplan Multz, the brother and sister of BetOnSports founder Gary Kaplan, were among those pleading not guilty. T
Aug 1, 2006, 7:59 am - Todd - Lottery News

$10 Billion Lottery Proposal Stalls in Illinois
A proposal by Illinois Gov. Rod Blagojevich (D) to increase funding for public education by selling or leasing the state lottery for $10 billion may be headed nowhere. Blagojevich announced the proposal with much fanfare on May 23, but no supporting legislation has been introduced, political leaders are peppering the governor with questions that have not been answered, and allegations of political payoffs and cronyism have surfaced. A key inquisitor has been state House Speaker Michael Mad
Jul 26, 2006, 6:11 pm - Todd - Lottery News

Analysts say online gambling law a bad idea
'Moral crusade ... is wrong for about 1,000 reasons' Yesterday, the Department of Justice [DOJ] announced charges against 11 individuals and four companies accused of taking sports bets from U.S. residents in the $12 billion a year online gambling industry. The charges focused on the persons and companies that supported BetonSports PLC, a U.K. incorporated, publicly traded company and popular Internet sportsbook that claims to have 1.2 million registered users. The view of the DOJ is a
Jul 19, 2006, 8:36 am - Todd - Lottery News

N.H. Lottery gets approval for $30 scratch tickets
Is the buzz that comes from buying a $20 scratch ticket starting to wear off? Don't worry; you will soon be able to press a vending machine button and buy a nation-leading $30 ticket if the state lottery commission has its way. The state Senate overruled its presiding officer and advanced a bill intended to give the Lottery Commission the freedom to decide when the top ticket of $20 has run its course. Texas and Connecticut are the only state lotteries in the nation selling a $30 scr
Feb 24, 2006, 9:44 am - Todd - Lottery News

Tennessee lottery winner sues state
A woman who won a Tennseess Lottery scratch-off ticket worth over $1 million has sued the state for preventing her from assigning some of her winnings to a financial company in return for a lump sum payout. Like other instant lottery winners, Ethel Newberry of Palmrya wasn't given the option to get the bulk of her winnings in cash up front. Instead, she gets annual payments of about $52,000 a year for a minimum of 20 years. Newberry is asking the Davidson County Chancery Court to allow he
Feb 14, 2006, 11:51 am - Todd - Lottery News

Lawsuit filed by N.C. Lottery foes to be heard Monday
A court battle that starts Monday in Wake County could be the last chance for critics to stop next month's launch of the N.C. lottery. Some court watchers say the lawsuit faces high hurdles. But the plaintiffs, who are filing briefs today, say House and Senate leaders thwarted the law by forcing two votes on the measure in quick succession last year. If the suit succeeds, lawmakers would likely have to vote again on the lottery that they approved last year by the slimmest of margins. An
Feb 9, 2006, 7:54 am - Todd - Lottery News