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The Two Titans of the Lottery IndustryNews Story
We often hear that the $40 billion spent on video games worldwide dwarfs the amount spent on the motion picture industry. But another form of mass entertainment dwarfs them both: the lottery business. According to a Morgan Stanley study, sales of lottery tickets around the world will top $160 billion in 2004.You should be thankful for the lottery business this week as you write a check for your tax bill. That's because you'd probably owe a lot more if not for your fellow citizens' crazed desire
Apr 15, 2004, 4:58 am - Lottery News

Minnesota Senate wants lottery examinedNews Story
After soundly rejecting a call to abolish the state lottery, Minnesota senators voted unanimously Monday night to study ways to change its management and business practices.The bill comes on the heels of a legislative audit that was critical of promotions and vending contracts by the lottery. During that review, the lottery's director, George Andersen, committed suicide.The bill sets up a task force that will report to the 2005 Legislature on whether the lottery should be run by a state agency,
Apr 13, 2004, 5:12 am - Lottery News

Man bets all on roulette and winsNews Story
Now the subject of TV showA British man who sold all his possessions, including his clothes, stood in a rented tuxedo on Sunday surrounded by family and friends and bet everything on a single spin of the roulette wheel.He won't go home empty handed.Ashley Revell, a 32-year-old Londoner, sold all his possessions in March, took $135,300 to the Plaza Hotel in Las Vegas, did some low stakes gambling and then placed everything he had left on Red. The wheel was spun, a crowd of supporters including h
Apr 12, 2004, 1:57 am - Lottery News

Michigan authorities break up private lottery, seize $2.2 millionNews Story
Authorities have seized $2.2 million and broken up a private lottery that they say mimicked the Michigan State Lottery but paid off significantly more money for matching winning numbers.Operating from modest homes in Detroit and nearby Oak Park, the family business appears to have roots going back 30 years, the Wayne County sheriff's department and prosecutor's office announced Friday. Numbers operations have been around for several decades before the lottery, but this is the largest we have ser
Apr 9, 2004, 9:53 am - Lottery News

Man to bet all on Vegas roulette spinNews Story
A British man who has sold all his possessions, including his clothes, will stand in a rented tuxedo on Sunday and bet everything on a single spin of the roulette wheel.If he wins, he doubles his money. If he loses, he will be left with only the television crew documenting his every move.Ashley Revell, a 32-year-old Londoner, said he was worth about 75,000 pounds ($138,000) after he sold everything in March. I thought I was worth at least 100,000 pounds, he said in a telephone interview from La
Apr 9, 2004, 4:16 am - Lottery News

GTech to buy Leeward Islands LotteryNews Story
World's largest lottery systems operator plans to acquire Caribbean-based Leeward for $40 millionGTech Holdings Corp., the world's largest lottery systems operator, on Monday said it would acquire a lottery operator based in the Caribbean for $40 million in cash.It said the acquisition of privately held Leeward Islands Lottery Holding Co., based in Antigua and St. Croix, gives it an entry to an important market. We believe the acquisition of LILHCo gives GTECH a strategic foothold in the Caribbe
Apr 5, 2004, 11:19 am - Lottery News

Player wins UK Lottery jackpot buying ticket onlineNews Story
Camelot, the company that operates the UK National Lottery, is trumpeting its first online lotto millionaire.The winner has opted for only partial publicity, meaning all that can be revealed is where they come from - Edinburgh.What has been revealed is that the winning sum totalled 5,935,128 (US $10.8 million). The numbers from the March 20 drawing were 13, 21, 37, 42, 46 and 48.Camelot describes it as the UK's largest ever online gaming win. This is fantastic news for the winner and a great d
Mar 30, 2004, 5:06 am - Lottery News

UK National Lottery plans iTV and mobile servicesNews Story
UK National Lottery operator Camelot revealed today that it plans to launch the lottery on interactive TV this spring, followed by a mobile service later in the year. The news comes at the same time as the group announced its first ever Lotto Online Jackpot winner, which it said is believed to be the UK's biggest online gaming win to date.The lucky winner scooped the 5.9m jackpot for the Lotto draw on Saturday 20 March after buying a ticket online.Richard Hurd-Wood, Camelot's Diector of Interac
Mar 30, 2004, 4:58 am - Lottery News

Store clerk arrested, accused of stealing scratch-off lottery ticketsNews Story
Captured on video: A lottery player busily playing scratch-off games.Captured in handcuffs: The same lottery player who illegally scratched off almost $500 worth of tickets without paying for them.Robert Lee King, 41, of 14860 Indigo Lakes Circle, North Naples, was arrested and charged with grand theft in connection with his unlucky gambling spree earlier this month.Collier County sheriff's deputies arrested King on Tuesday after a co-worker at the Shell/Site station at 5606 Tavila Circle turned
Mar 25, 2004, 5:00 am - Lottery News

Tennessee Lottery committee recommends aganst gambling warningsNews Story
Measure not dead yet, legislative sponsors sayEfforts to strengthen the message to lottery players about the dangers of problem gambling failed to get a favorable recommendation yesterday from the Tennessee legislature's Lottery Oversight Committee.One of the measures would replace the message on lottery machines and paraphernalia from Play Responsibly to WARNING: GAMBLING, INCLUDING PLAYING THE LOTTERY, CAN BE ADDICTIVE. State Rep. Glen Casada, R-College Grove, the bill's sponsor, noted that
Mar 23, 2004, 4:28 am - Lottery News