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NewsResults 191 - 200 of 242 for keno. (0.03 seconds)

Michigan lottery profits at record levels, thanks to Club Keno
Club Keno is a winner, at least for the Michigan state treasury.The 2-year-old lottery game has bumped Michigan Lottery revenues over $2 billion mark for the first time in its 33 years. Last year, the lottery took in $1.97 billion.Club Keno will gross about $330 million in the fiscal year ending Sept. 30, says Lottery commissioner Gary Peters. That is 16 percent of total lottery sales.Net lottery profits for the fiscal year will top last year's record $645 million dollars, Peters told the Detroi
Sep 22, 2005, 9:01 am - Lottery News

Will N.C. create a lottery-video poker partnership?
North Carolina House Speaker Jim Black, D-Mecklenburg, argues that North Carolina's new education lottery will remove the allure of another hotly debated form of gambling -- video poker. People tell me the lottery will probably pretty much do away with video poker, said Black, who backs the video poker industry. Those people who want to do some recreational gambling can certainly get their kicks with the lottery. Other video poker supporters hope the opposite will happen.A few states have made
Sep 12, 2005, 6:51 am - Lottery News

Mass. Lottery sales hit record high
Massacusetts Lottery ticket sales soared again, earning the state a record-breaking $935 million in revenue in the fiscal year that ended June 30, Treasurer Timothy P. Cahill said.Cahill said the new figures, which will be finalized in October, are significant since national ticket sales are down roughly 20 percent. I think what might set us apart is that we work very hard to find games that our customers like, Cahill said.This is the second consecutive year lottery sales have increased. Instan
Sep 9, 2005, 2:33 pm - Lottery News

Indiana Lottery banking on fairness, cuts
The Hoosier Lottery has run into some rough times lately whether it is sagging profits or employees leaking the location of a winning ticket.But the new head of the quasi-governmental agency is focused on running things more efficiently with an emphasis on integrity. It is our absolute focus, said Esther Schneider a 40-year-old native of Las Vegas. We have a moral obligation to make sure our games are fair. When she arrived, Schneider said there was a lot of loosey-goosey activity, inclu
Aug 9, 2005, 9:27 am - Lottery News

Indiana lottery sales decline has officials probing illegal games
The Hoosier Lottery, faced with slumping profits, is struggling to get more people to play ticket games in a world of electronic gambling.In the budget year just ended, lottery officials expect to see about a 5 percent decline in profits, which reached $199 million last year, according to W. Edward Benton, the lottery's chief financial officer.So what's eating into ticket sales? Smaller Powerball jackpots, for one thing, something Hoosier Lottery officials can't control.The approximately 22,00
Jul 11, 2005, 12:06 pm - Lottery News

S.C. Lottery may learn lessons from Georgia
As North Carolina inches closer to starting a lottery, Georgia lottery officials may be enjoying a sense of irony, as South Carolina is now undergoing the same uncomfortable feeling that they created for the Georgia Lottery when they started the S.C. Education Lottery in 2002.At the time, South Carolina politicians estimated that a Palmetto State lottery would siphon away up to $112 million from Georgia's lottery.But those predictions never came to pass.Instead, Georgia has enjoyed a string of r
May 10, 2005, 12:24 pm - Lottery News

Clash of the Lottery Titans: Scientific Games Suing Rival GTECH
Lottery and betting equipment maker Scientific Games Corp. said Monday that its subsidiary Scientific Games Royalty Corp. is suing GTECH Holdings Corp., the world's largest operator of lottery systems, for patent infringement.The lawsuit concerns the enforcement of Scientific Games' group participation multiplier patents, U.S. Patent Nos. 6,648,753 and 6,692,354 and GTECH's unauthorized and illegal use of same.Lorne Weil, Scientific Games' chairman and CEO, said, It is our intention to vigorous
May 9, 2005, 7:16 pm - Lottery News

Michigan Lottery to pioneer ads on lottery tickets
Michigan government officials are preparing to award a first-of-its-kind contract to sell advertising on lottery tickets, after denying a protest by an agency that includes a former state senator.The State Administrative Board on Tuesday is expected to act on the $100,000 Bureau of State Lottery contract, recommended by a board committee to go to Troy-based Simons Michelson Zieve Inc.But the Rebecca Kelly Agency, a Grosse Pointe Park venture that includes former Sen. John Kelly, D-Detroit, prote
May 2, 2005, 9:51 am - Lottery News

Mass. Lottery to hire consultant for games being planned
Massachusetts State Lottery officials said they intend to hire a consultant to evaluate the financial impact of several gambling games under consideration, including a virtual horse-racing game run on Keno-style monitors.State lawmakers last week raised concerns about the game's impact on the live and simulcast horse-racing industry.Lottery officials said the consultant, expected to issue a report by midsummer, will analyze how the horse-racing game and other games still on the drawing board wou
Apr 22, 2005, 10:15 am - Lottery News

Mass. lawmakers to challenge lottery horse-race game
Key Massachusetts state lawmakers signaled yesterday that they intend to rein in the Massachusetts Lottery's plans to launch a virtual horse-racing game on Keno-style monitors later this year.At a State House hearing, the lawmakers questioned the lottery's legal authority to launch the game and whether the game should be allowed to proceed because of the potential impact on the state's struggling horse-racing industry.''You've overextended your authority to roll out this game, said Representati
Apr 15, 2005, 9:19 am - Lottery News