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California Lottery Drops Gambling Themes IdeaNews Story
Citing widespread opposition, California Assemblyman George Plescia on Monday dropped lottery-backed legislation that would have added Nevada-style gambling themes to the state-run games.Though he quietly deleted the amendment, the San Diego Republican said he's pushing the rest of his controversial measure -- which would boost lottery prizes and slice struggling schools' share of revenue -- in the hope of fostering lotto mania that would then increase education's take.Even with the deletion of
May 18, 2004, 7:07 am - Lottery News

N.C. lottery unlikely for this termNews Story
Dont bet on buying a lottery ticket in North Carolina anytime soon.Gov. Mike Easley, who has advocated a lottery since before he took office in 2001, continues to push for a lottery. But even the primary supporter of a North Carolina lottery in the state House said it would not happen this year.The 2004 short session of the General Assembly is supposed to tackle the states budget and non-controversial issues, House Co-Speakers Richard Morgan, R-Moore, and Jim Black, D-Mecklenburg, have said.Its
May 17, 2004, 7:33 am - Lottery News

Scientific Games Wins 7-Year Puerto Rico Lottery ContractNews Story
Scientific Games Corporation announced that it has been named the apparent winner of the online lottery contract for Puerto Rico.The contract is estimated to be worth $66.7 million and is for a term of seven years. The contract is subject to the negotiation of final terms and conditions. This is a very important strategic win for us at Scientific Games, said Scientific Games Chairman and CEO Lorne Weil. Over the last few years we have proven that we are the fastest growing participant in the
May 13, 2004, 1:15 pm - Lottery News

New York lottery sales go up 8.2%News Story
$5.84 billion in tickets sold, setting a record for fourth yearSales of New York state lottery tickets totaled $5.84 billion in the fiscal year that ended March 31, officials said this week. Thats up 8.2 percent from $5.39 billion the previous year.New York remains the most successful state lottery in North America in terms of sales. The next highest was in Massachusetts, with $4.19 billion in sales.Its the fourth year in a row that New York broke a record. This past years sales alone were more
May 8, 2004, 2:03 pm - Lottery News

California legislature could expand lotteryNews Story
Despite fears California is becoming the world's gambling capital, the state lottery Friday broadened its proposed overhaul to include Nevada-style games banned by the 1984 lottery initiative.The lottery -- which is finding increased competition with Indian casinos -- amended its already controversial reorganization plan to add games including roulette, dice, baccarat, blackjack, Lucky 7s, draw poker and slot machines.The amendment fueled the controversy surrounding the legislation, which alread
May 8, 2004, 1:54 pm - Lottery News

Student Loses $18,800 In ScamNews Story
Man Sent Money In Hopes Of Securing Lottery Payoff, Authorities SayAn IUPUI student tricked into believing he had won an Internet sweepstakes lottery was bilked out of more than $18,000, campus police said.Salai T. Ehei, 28, sent money via e-mail, telephone and fax and also Western Union totaling $18,804 over several weeks in pursuit of what he thought would be a big payoff.He told IUPUI police he received a winning notification from a Euro America sweepstakes that promised him a payoff in exc
May 4, 2004, 6:54 am - Lottery News

Ontario mulling lottery taxNews Story
Ontario's finance minister is opposed to a scheme to tax lottery and gambling winnings. Don't bet the family farm on a lottery tax, said Greg Sorbara. This is not something that is getting very much consideration wherever. Frankly, I wasn't very impressed with the results that we might gain from it. Gambling in Ontario nets the province $2 billion annually. All the winnings are tax-free, unlike in the United States, where some states tax gambling proceeds at rates of up to 18 per cent.The Ontar
Apr 29, 2004, 7:35 am - Lottery News

Scientific Games Reports First Quarter 2004 ResultsNews Story
Revenues Increased 51%; Net Income Increased 80% to $20 million; Earnings per Diluted Share were $0.22Scientific Games Corporation today announced results for the first quarter ended March 31, 2004. Revenues for the first quarter of 2004 increased 51% to $185.5 million compared to $123.2 million for the first quarter of 2003. Income before the preferred stock dividend was $20.4 million, an increase of 80% over 2003 first quarter income of $11.3 million, and diluted earnings per share increased 6
Apr 22, 2004, 5:17 pm - Lottery News

Ohio Gambling Proposal Would Allow Cities to Vote on CasinosNews Story
Cities could vote on casinos and thousands of electronic slot machines would be installed at Ohio racetracks, under a new legislative proposal that backers hope to put on the November ballot.House Speaker Larry Householder said Wednesday he believes cities would view the casino idea as a positive trade-off given that rural areas benefit from racetracks through the sale of grain for horses. So this is a way to allow the urban areas to also have a benefit, Householder said.Democrats and Republi
Apr 22, 2004, 1:52 pm - Lottery News

New York lottery fans have Mega ManiaNews Story
Mega Millions has become megapopular since its launch in New York two years ago.Sales of the high-payout lottery game in New York jumped 27 percent during its second year of operation, according to the New York Post.Mega Millions registered more than $474 million in sales in New York during the 2003-04 state fiscal year, which ended March 31, up from the $373 million it took in the previous fiscal year, according to New York State Lottery.Eleven states participate in the game, which has a minimu
Apr 19, 2004, 6:14 am - Lottery News