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NewsResults 141 - 150 of 235 for Audit. (0.03 seconds)

Yukon lotteries go under microscope
Lottery operations in the Yukon are currently under review, in the wake of similar probes in other Canadian provinces, but Yukon lottery officials foresee no problems. The Western Lottery Corp. has hired Ernst Young to audit its operations, which include those in the Western provinces and the Yukon. A final report is expected by late September. The audit will examine, in part, how many lottery retailers are winning at games for which they sell the tickets something Yukon Lottery Commis
Jun 4, 2007, 4:21 pm - Lottery News

Winning retailers named by B.C. Lottery Corporation
The B.C. Lottery Corporation has gone public with the names of its lottery retailers who have won major prizes, following this week's scathing report by the B.C. ombudsman into lottery irregularities. The report said lottery officials have failed to protect consumers from possible fraud by ticket retailers, citing examples of retailers winning thousands of dollars at a much higher rate than that of the public at large. Some of the retailers being named by the corporation are speaking out,
Jun 1, 2007, 9:03 am - Lottery News

Bill to outsource Indiana Lottery bans keno, video poker
Many upset over Governor's plan to 'sell the Lottery' A bill that would allow Gov. Mitch Daniels to outsource the Hoosier Lottery would prohibit a private operator from offering keno, video lottery games, pari-mutuel wagering on horses or dogs and games based on winners of races or other sporting events. Sen. James Merritt, R-Indianapolis, filed the bill Thursday on behalf of the administration but said he was allowed to put his own principles in it and was not in favor of such gambling ex
Jan 19, 2007, 12:00 pm - Lottery News

Ontario Lottery delays payouts to 'insider' winners
Christmas came four days early but seven weeks late for a trio of insider lottery winners from a small town northeast of Peterborough, Ontario, who faced a lengthy investigation before receiving their big payout. When we went in, we expected to get a cheque just like everyone else does, then they popped the bubble and said, 'Sorry, you're going to have to wait,' said Al Breedon, one of the winners of the $1-million prize. He and his wife, Linda Smith, and friend Linette Dynes purchas
Dec 29, 2006, 11:35 pm - Lottery News

Opinion: Calif. Lottery should not rubber-stamp GTECH deal
As part of a major deal with 24 states, including California, an Italian company has purchased the United States firm that runs lotto and other online games for those states. The merger, where Lottomatica acquired GTECH, was finalized in August and expected to be completed by year's end. The agreement surprised and stunned state lawmakers. Not even the attorney general's office, which is supposed to defend the state lotto, was aware of it. The deal was orchestrated by the state lottery's act
Dec 11, 2006, 11:25 am - Lottery News

Backlash in Calif. over sale of lottery operator GTECH
As the new 2007-08 Legislature convened Monday, the backlash over an Italian firm's quiet takeover of California's lotto contractor grew when a second legislative committee said it would investigate. Assemblyman Alberto Torrico, a Newark Democrat who chairs the government organization committee in the lower house, said his panel is probing the matter and may convene hearings. I'm taking a look at the situation. I've read the press report. I've been briefed by my staff, said Torrico, whos
Dec 6, 2006, 9:57 am - Lottery News

Ontario lottery to be investigated
The Ontario Ombudsman will investigate allegations about insiders winning a disproportionate number of lotteries to restore public trust in the province's lottery corporation. Andr Marin said yesterday that allegations that more than 200 ticket retailers or clerks have won prizes of more than $50,000 in the past seven years have cast a large shadow over the Ontario Lottery and Gaming Corp. and brought into question its actions. He said he had received few complaints from lottery-tic
Oct 27, 2006, 7:08 am - Lottery News

Florida lottery backs GTECH-Lottomatica deal
The Florida lottery has agreed to the planned takeover of U.S. lottery operator GTECH Holdings Corp by Italy's Lottomatica, Lottomatica said on Wednesday. Lottomatica plans to buy GTECH in a $5 billion deal that would create the world's biggest lottery operator. One of the deal conditions laid down by Lottomatica is that it would not lose GTECH's lottery operating concessions in the United States. Lottomatica said in a statement that GTECH had been informed of Florida's backing for the dea
Aug 16, 2006, 12:18 pm - Lottery News

Ohio Lottery backs GTECH, Lottomatica deal
The Ohio lottery has confirmed that the planned takeover of U.S. lottery operator GTECH by Italy's Lottomatica would not hurt GTECH's lottery concession there, Lottomatica said on Thursday. Lottomatica plans to buy GTECH in a $5 billion deal that would create the world's biggest lottery operator, but one of the deal conditions laid down by Lottomatica is that it would not lose GTECH's lottery operating concessions in the United States. Illinois, New York, Missouri, California, Michigan and
Aug 11, 2006, 5:57 pm - Lottery News

Michigan lottery backs GTECH, Lottomatica deal
The Michigan lottery has confirmed that the planned takeover of U.S. lottery operator GTECH by Lottomatica will not hurt its lottery concession in the state, the Italian company said in a statement on Thursday. Lottomatica plans to buy GTECH in a $5 billion deal that would create the world's biggest lottery operator. One of the conditions for the deal is that it will not have an impact on GTECH's lottery operating concessions in the United States. This has caused some hiccups for the two c
Aug 2, 2006, 9:11 am - Lottery News