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Lottery deal may lead to lawsuitsNews Story
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

Lottery partnerships have poor track recordNews Story
As Tennessee officials consider a lottery partnership with Georgia, lottery observers warn that similar joint ventures have had their problems. Tensions simmer within a consortium of western Canadian provinces operating a lottery together. Three New England states are starting to go their separate ways. And South Carolina took only a few days before turning down Georgia's offer to join forces.``Some liaisons are not what they're cracked up to be,'' Edward Stanek of Iowa, the country's longest-se
Sep 2, 2003, 3:58 am - Lottery News

S.C. lotto questions deal with GeorgiaNews Story
Top officials in South Carolina said Tuesday savings projections acquired by Tennessee lottery board members regarding a potential partnership with the successful Georgia lottery are likely inaccurate.They also detailed other concerns they had about partnering with Georgia before they rejected such an alliance.The Tennessee Education Lottery Corporation (TELC) is poised to make a decision next week on whether to team with Georgias lottery to possibly maximize spending power and curb start up cos
Aug 27, 2003, 3:21 am - Lottery News

Lottery alliance winning supportNews Story
For those prone to wager, a lottery partnership between Georgia and Tennessee looks like a pretty good bet these days.Georgia officials have proposed the partnership, which would be unique in the nation and could involve anything from sharing office supplies and vendors to combined games.The idea got a push last week when a consultant told Tennessee's lottery board that a joint venture would make the Volunteer State mountains of money over the next few years. There appear to be a huge number of
Aug 25, 2003, 3:26 am - Lottery News

Ga. officials: HOPE funds could run out early as 2007News Story
Organizers of the Georgia Lottery-supported HOPE scholarship program said Thursday that the resources to provide full tuition for eligible students may be depleted as early as 2007.Until now, money generated by the lottery has paid state college tuition and fees in full with additional grants for books, and, until last year, had millions of dollars to spare. The only catch for students was to maintain a B average.The program has never faced normal budget restraints, said Terry Gandy, head of the
Aug 22, 2003, 10:43 am - Lottery News

Lottery deal with Georgia best bet, expert saysNews Story
Tennessee's lottery could reap as much as an extra $249 million over a seven-year period by joining forces with Georgia, according to a consultant hired by the state lottery board.The additional proceeds would stem from Tennessee's starting its lottery Dec. 2 about three months earlier than without Georgia's help and leveraging Georgia's attractive rates with two major gaming vendors, consultant Gerry Wexelbaum told the board yesterday. It appears that a joint venture with Georgia would be the m
Aug 19, 2003, 3:27 am - Lottery News

Legality of Tennessee-Georgia lottery partnership questionedNews Story
Lawsuit could delay games, lawmaker saysQuestions are being raised about the legality of the proposed marriage of the Tennessee and Georgia lotteries and whether a legal challenge by a jealous vendor could stall the start to the Tennessee lottery.State Attorney General Paul Summers was asked yesterday to examine the question of whether Tennessee and Georgia can strike a ''strategic alliance'' under terms of the law that created the lottery this spring.The request came from state Sen. David Fowle
Aug 14, 2003, 4:00 am - Lottery News

Georgia Lottery set to go broke without rules changeNews Story
If the rules for earning one of Georgia's coveted HOPE scholarships were a little stricter, student D-1 - as he was described to a legislative committee last week - never would have made the grade. He earned three A's and 11 B's during his high school career, but his other grades - 16 C's, two D's and one F - would have put the HOPE scholarship, which requires a B average, beyond his reach.But scholarship rules allowed administrators to ignore the F he made in algebra because other courses gav
Aug 5, 2003, 5:04 am - Lottery News

Lottery Sales Hit Record In KansasNews Story
A new marketing strategy designed to keep games fresh and payoffs healthy helped send sales of the Kansas Lottery to record levels, officials said Thursday.Sales topped $202.9 million for fiscal year 2003, which ended June 30, an increase of $12.9 million from the previous year. As a result, the Kansas Lottery transferred $62.9 million to the state, of which $50 million was transferred to the state gaming fund to finance economic development initiatives.For the year, the lottery paid $107.6 mill
Aug 1, 2003, 8:11 am - Lottery News

New Mexico Lottery reports record FY2003 revenueNews Story
The New Mexico Lottery Authority has posted a record $137 million in revenues for its fiscal year 2003 ending June 30, 2003, an increase of $3.1 million over the previous year.Its net earnings, or profit, totaled $33.1 million for the year, compared with $29.6 million, in its fiscal 2002 year. We had a tremendous year, says Tom Shaheen, CEO of the New Mexico Lottery. We were a little surprised given the state of the world and the economy, but we're happy and hope to keep [the earnings] up. The
Jul 29, 2003, 3:39 am - Lottery News