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GTech has winning lottery ticket, checkered past
A Rhode Island company that practically built the nation's state lottery business just added the Florida Lottery as the missing gem to its crown jewels.GTech Corp. last week became the successful bidder to run the Florida Lottery system. With Florida in hand, the company will run all five of the country's biggest state lottery systems - New York, Texas, Georgia, California and Florida. Altogether, GTech will operate 26 of the 36 state lottery systems, plus the Washington, D.C., system. We genera
Sep 8, 2003, 3:44 am - Lottery News
Ford plans dealer lottery for scarce GT supercar supply
Most Americans must win a lottery to afford a $100,000-plus Ford GT. Next year, many Ford dealers must win a lottery to sell one.Ford Division intends to produce just 1,500 GTs per year, but it has about 3,800 dealers in the United States.Top-rated dealers, winners of the annual President's Award in 2004, will get one GT to sell, the company says. The rest of the GTs will be distributed among high-volume dealers and to winners of a lottery.Typically, about 10 percent, or 380, dealers win the Pr
Sep 5, 2003, 10:06 am - Lottery News
Lottery deal may lead to lawsuits
Tennessee's lottery board is pushing ahead with preparations for an unprecedented partnership with Georgia despite escalating criticism of the arrangement and no definitive answer as to whether it would be legal. That question is expected to be answered by Attorney General Paul G. Summers in a formal legal opinion before Friday, when the seven-member board of the Tennessee Education Lottery Corp. has scheduled a vote on acceptance of Georgia's offer.If given the legal green light, there is an ar
Sep 2, 2003, 4:04 am - Lottery News