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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

Paul denies leaving Georgia lottery in quandaryNews Story
New Tennessee lottery chief says rising college costs are a problemRebecca Paul, Tennessee's new lottery chief executive officer yesterday denied leaving the same position in Georgia because of problems with the Peach State's lottery scholarship program.She also said the problem with the HOPE scholarship program in Georgia is escalating college costs, which are growing faster than lottery revenue even though that revenue has climbed 136% in the past 10 years from $1.1 billion a year to $2.6 bill
Sep 10, 2003, 4:03 am - Lottery News

Georgia Lottery Board Announces Interim PresidentNews Story
The Georgia Lottery Corporation's (GLC) Board of Directors met this morning to name an interim president. In a unanimous vote, the GLC's Board of Directors has named Cathy Walls as interim President of the GLC. Ms. Walls has the full support of the entire Board and the authority to run the GLC's day-to-day operations. The GLC's Board will immediately begin the process of searching for the best available candidate to fill the position of President in a permanent capacity. According to Board Chair
Sep 9, 2003, 4:06 am - Lottery News

Road to lottery jobNews Story
Time line of Rebecca Paul's selection as chief executive officer of the Tennessee lottery:Feb. 27 Paul, head of the Georgia lottery, the model for Tennessee's, briefs a joint session of the state House and Senate on what is involved in setting up a state lottery. Legislation creating the Tennessee lottery was pending.July 28 Paul discusses a possible Georgia-Tennessee partnership agreement with the Tennessee lottery board.Aug. 14 Questions are raised about whether a partnership would violate pro
Sep 9, 2003, 3:50 am - Lottery News

New lottery chief gets jackpot, too, if she hits the numbersNews Story
Industry-heralded lottery czar Rebecca Paul could be paid just over $750,000 if:Next year's Tennessee Lottery sells its first scratch-off tickets by Feb.17.Sells its first online tickets 60 days later.And clears $122 million for education by July 1.Those ambitious goals are built into a base- and incentive-pay package worked out with Paul over the weekend by the Tennessee Lottery Board to lure her away from a $500,000-a-year post as chief executive officer of the Georgia Lottery to the same posi
Sep 9, 2003, 3:44 am - Lottery News

Tenn. Lottery Could Include Satellite NetworkNews Story
A legislative sponsor of Tennessee's lottery law says the game could be a high-tech operation when retailers start selling tickets.State Rep. Chris Newton of Cleveland says retail outlets may be connected to the lottery's online games by traditional phone lines, but other technologies could be featured. He says the technology is there to do the satellite hookup.A mid-February or later starting date is projected since the Tennessee lottery board rejected a joint operating deal with Georgia.Tennes
Sep 8, 2003, 2:36 pm - Lottery News

Statement of Gov. Sonny Perdue About the Resignation of Rebecca PaulNews Story
Georgia Governor Sonny Perdue issued the following statement today regarding the resignation of Rebecca Paul as President and Chief Executive Officer of the Georgia Lottery Corporation: Under Rebecca Paul's leadership, the Georgia Lottery Corporation has returned over six billion dollars to education since 1993. Her impressive management and innovative marketing of the Georgia Lottery has not only been recognized here in Georgia, but around the nation. I want to personally thank Rebecca for her
Sep 8, 2003, 2:34 pm - Lottery News

Miller, Barnes say Paul will be missed at Georgia lotteryNews Story
A Georgia lottery that could fall short of funding two nationally acclaimed education programs in as little as three years now must operate without the woman who guided it for 10 years. Rebecca Paul said Monday she is leaving to run the Tennessee games.Shes the best lottery director in the world and she will be greatly missed in Georgia, said Sen. Zell Miller, who led the push to establish the lottery when he was governor, and was instrumental in luring Paul from Florida to start Georgias games
Sep 8, 2003, 2:32 pm - 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