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Michigan Lottery Adds New GamesNews Story
Bettors will have more ways to gamble in Michigan next month, and they'll be able to do it in bars and restaurants across the state.State officials hope the new games, which include Club Keno and pull-tab games, will draw more money into state coffers as the struggle to balance the budget continues.The Michigan Lottery saw ticket sales increase 4.5 percent to $1.68 billion in the budget year that ended in September 2002, according to its most recent annual report.Gov. Jennifer Granholm, who prop
Sep 15, 2003, 3:53 am - Lottery News

Scientific Games to buy online lottery operatorNews Story
Scientific Games Corp., a maker of betting equipment and lottery systems, on Friday said it would acquire International Game Technology's on-line lottery operator for $143 million in cash.The agreement to buy IGT Online Entertainment Systems will give Scientific Games, based in New York, access to online lottery systems that produce lotto-type game tickets in seven states and the Caribbean.IGT Online, which also supports systems sold to customers in Korea, Norway, Switzerland and Shanghai, gener
Sep 12, 2003, 9:54 pm - Lottery News

Lottery chief tours stateNews Story
She's only been Tennessee's lottery chief for two days, but Rebecca Paul is already traveling the state gathering support for Tennessee's lottery. Wednesday she was in Memphis to talk with minority business owners.Already, Rebecca Paul is reaching out to minority business owners, touting her record in Georgia on minority hires to her staff. Paul said, The legislature said to me, we want to make sure you have 30-percent of your staff African American. I really didn't do that. I had 54-percent of
Sep 10, 2003, 6:07 pm - Lottery News

Mega Millions Jackpot Hits $65 MillionNews Story
The jackpot in the multi-state Mega Millions lottery increased to $65 million for Friday's game after there was no big winner in Tuesday night's $55 million drawing. No tickets matched all five lotto numbers and the Mega Ball. Four tickets had all five lotto numbers but not the Mega Ball and pay $175,000. Fifteen tickets, including one sold in Ohio, matched four of the five lotto numbers, plus the Mega Ball number, and are worth $5,000. The winning numbers from Tuesday's drawing were: 14, 15, 30
Sep 10, 2003, 4:16 am - Lottery News

Mega Millions or Powerball in Tennessee by July, Paul saysNews Story
Tennesseans will get to play a multistate lottery game that offers giant jackpots either Powerball or Mega Millions by July 4, 2004, Rebecca Paul, who has been hired to run Tennessee's lottery, said yesterday.An analysis will be done first to see which game would be more profitable to the Tennessee lottery, Paul told reporters.Among things she will study is whether Tennessee could lure more Powerball players from Kentucky by offering Mega Millions, she said, or whether it could lure more Mega Mi
Sep 10, 2003, 4:13 am - Lottery News

Tenn. may pay Paul 6 times what Calif., Texas, Fla. pay lottery chiefsNews Story
Package: $350,000 salary and up to $402,500 in bonusesTennessee's new lottery director will make at least three times the salary and perhaps as much as six times more than the directors of many of the nation's largest state lotteries, a Tennessean survey of lotteries shows.Georgia lottery director Rebecca Paul, who was tapped during the weekend to head Tennessee's new lottery, will receive a base salary of $350,000. This compares with $134,000 in New York, $123,255 in California and $110,000 in
Sep 10, 2003, 4:07 am - Lottery News

Paul recommends maximizing lottery prizesNews Story
Increasing lottery prizes by changing the law that sets aside nearly a third of game proceeds for scholarships will ultimately lead to more money for Tennessee students, the state's new lottery chief said Tuesday. Rebecca Paul, speaking to reporters a day after being named CEO of the state's new lottery, said she already has contacted several legislators about changing the lottery statute so that officials will have the flexibility to maximize the money going toward college awards.Currently, lot
Sep 10, 2003, 4:05 am - Lottery News

State misses the jackpot with Mega MillionsNews Story
Mega Millions, Washington's foray into the world of multistate lottery gambling, has been a mega-disappointment. The state, one of 10 partners in the country's largest jackpot game, had about $51 million in sales during its first year of participation, which ended last week. That's less than half the $117 million originally projected.Proceeds for education and school construction, originally predicted to be $32 million, turned out to be $13 million.Lottery officials attribute the disappointing p
Sep 9, 2003, 4:01 am - Lottery News

Giant lottery operator GTECH wants to add Tennessee to its clienteleNews Story
Financial advisers have long said that lottery players would fare better investing their money in the stock market than hoping the pingpong balls pop up with their numbers.If you followed that advice and bought stock in the largest lottery operator in the country, GTECH Holdings, over the past decade, chances are the investment would have paid off better about 500% better.The West Greenwich, R.I., company's stock price has doubled in the past year, closing Friday at $42.77; GTECH's revenues have
Sep 8, 2003, 3:49 am - Lottery News

GTech has winning lottery ticket, checkered pastNews Story
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