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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

California Lottery CEO ResignsNews Story
California Lottery chief executive officer and director Anthony Molica has resigned after only seven months, a lottery representative confirmed.Molica joined the California Lottery Sept. 2, 2003, after serving as executive director for the Washington Lottery. His last day is today. He has chosen to resign and join his family back in Washington state, said lottery representative Rosa Escutia.Gov. Arnold Schwarzenegger will appoint Molica's replacement.Molica's resignation will not impact the lot
Apr 9, 2004, 4:37 am - Lottery News

Delaware agent wins "fastest lottery fingers" awardNews Story
The second time was the charm for Aimee Truitt.Miss Truitt, 18, of Georgetown, Delaware, walked away with $800 after winning the Delaware Lottery's 12th annual Fastest Fingers championship March 30 in Dover.A clerk at Bodie's Market in Georgetown, Miss Truitt was one of 14 terminal operators from Delaware Lottery retail stores eligible to compete in the finals. Competitors raced through a test that determined which operator could produce a set number of lottery tickets in the shortest time. Mi
Apr 8, 2004, 6:18 am - Lottery News

Georgia to scale back lottery-funded HOPE programNews Story
The nation's most sweeping lottery-funded scholarship program was reined in Wednesday by Georgia lawmakers, who trimmed the popular HOPE scholarships out of fear they will soon cost more than lottery revenues can provide.The scholarships which cover books, fees and tuition for B students at state schools will get new qualification rules in response to warnings the program is growing out of control.The scholarships cost $21 million in 1993, the first year. This school year, the state expects to s
Apr 8, 2004, 6:02 am - Lottery News

Tennessee lottery sends record number of students to collegeNews Story
Jill Carter, a senior at Cheatham County Central High School in Ashland City, will be part of what's shaping up to be the largest college freshman class in state history.The surge of students is being driven by Tennessee's new lottery scholarships. Without them, Carter and many other high school seniors wouldn't have a chance to attend college. If I didn't get that lottery scholarship, I wouldn't have the money to go, said Carter, who has been accepted at Austin Peay State University in Clarksv
Mar 29, 2004, 4:30 am - Lottery News

GTECH is in play in BrazilNews Story
Analysts don't think a political scandal will hurt the company's chances of continuing to run the country's lotteryA top Brazilian government official allegedly told two GTECH Holdings Corp. employees in 2003 that they could have a lottery contract extension.All they needed to do, said Waldomiro Diniz, the former deputy head of parliamentary affairs, was hire a consultant for between $4 million and about $6 million, according to Brazilian newspaper reports based on the employees' testimony.A lot
Mar 26, 2004, 9:15 am - Lottery News

Store owner to appeal jury's lottery decisionNews Story
A store owner plans to appeal a jury's decision that he pay $1.3 million to a lottery winner who said the owner failed to warn him about a jackpot cap.John Struna regularly bought multiple tickets with the same numbers for the Buckeye 5 game at Convenient Food Mart in Cleveland. In October 2001, he chose the winning combination, which he had played on 52 tickets.The game's prize is $100,000, so Struna thought that amount would be multiplied by 52 for each of his winning tickets, giving him $5.2
Mar 26, 2004, 8:54 am - Lottery News

Lottery player wins case against deceptive store ownerNews Story
John Struna and his attorney Wednesday beat a legal demon that has vexed consumers for years: The fine print.The result means Struna could be more than $1 million richer, and a convenience store owner who sells Ohio Lottery tickets could be forced out of business.Four nights a week between 1997 and October 2001, Struna stopped at the Convenient Food Mart on East 200th Street in Cleveland, where he purchased between 40 and 55 Buckeye Five tickets from the store's owner, Harry Singh.Singh welcomed
Mar 25, 2004, 6:22 am - Lottery News

Record Powerball Winner Sued for Sex-Related AssaultNews Story
A female worker at Tri-State Racetrack Gaming has accused Jack Whittaker, the winner of the largest single lottery jackpot in history, of assault and battery.Charity D. Fortner, a floor attendant at the Nitro track, filed a lawsuit Tuesday against Whittaker, alleging he forced her head toward his pants while he gambled at the track in March 2003.Fortner alleged Whittaker, who hit the $314.9 million Powerball jackpot on Christmas 2002, was gambling at the track with a female friend when the inc
Mar 11, 2004, 5:29 am - Lottery News

$28.5 million California lottery ticket unclaimedNews Story
California's public schools appeared to be the big winners Monday night when a $28.5 million lottery ticket went unclaimed after six months.This was the 14th - and largest - unclaimed jackpot since the lottery started in 1985, according to lottery officials. All unclaimed money goes to the state's public schools. We were excited about it, but no one's come in, California Lottery spokeswoman Rosa Escutia said shortly after the deadline.Escutia said lottery officials probably will hold a press co
Mar 9, 2004, 4:38 am - Lottery News