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Italian lottery operator to buy GTECHNews Story
Italian lottery operator Lottomatica will gobble up GTech Holdings for $35 a share cash, or about $4.8 billion including assumption of debt.The Italian lottery operator announced the transaction early Tuesday and noted that the price represents a 15% premium to the U.S. gambling-equipment and service company's value on Sept. 9 the day before it announced plans to seek a buyer for the company.Total value of the deal, including assumption of debt, is roughly $4.8 billion. GTech of West Greenwich
Jan 10, 2006, 4:14 pm - Lottery News

Iowa Lottery approves self-ban for playersNews Story
The Iowa Lottery Board voted Tuesday to allow lottery players to self-ban themselves from winning game prizes in order to stem problem gambling.After pondering the self-ban move for a few months, and following announcement of record Iowa Lottery sales of $210 million last year, the board felt the time was right for a self-ban, Iowa Lottery CEO Ed Stanek said. We want to maximize our proceeds for the state with everyone playing in moderation, Stanek said. We don't want our success to be at the
Dec 7, 2005, 6:57 am - Lottery News

Central Islip lottery winner feeling grandNews Story
What do you do with a million dollars?Long Island's latest big winner is paying off his credit card debt, for starters.Rich Vickers, 50, of Central Islip, said he will use most of his first payment to pay off $25,000 in charge card bills this week.Lottery officials presented Vickers with his first payment Friday at Roosevelt Field Mall in Garden City. Vickers won $1 million with a $5 ticket for the New York Poker Instant game.He's the 17th Long Islander to win a million or more in 2005.Vickers,
Nov 28, 2005, 12:15 pm - Lottery News

Casino coupon error gives 11,000 people $525News Story
Roughly 11,000 patrons of Harrah's Joliet Casino in Illinois got a big surprise in the mail last week: a coupon good for $525 in wagering.But casino officials were surprised more than anyone else.The casino's direct-marketing vendor mistakenly made the coupons for an amount much higher than the usual $15 to $20 that was intended to be the value, Harrah's said.The company will honor the coupons, which were sent out last week, said Harrah's Illinois regional president Joe Domenico. The announcemen
Nov 21, 2005, 9:42 am - Lottery News

N.C. Lottery mum on naming of new directorNews Story
The chief executive of the lottery in New Mexico resigned late Tuesday as all signs pointed toward his expected hiring Thursday as the first director of North Carolina's lottery.North Carolina lottery Chairman Charles Sanders said in an interview that he would not deny or confirm that New Mexico's Tom Shaheen is the choice to start up the state's lottery games, which are expected to generate $400 million a year for education initiatives.Sanders said that he would not comment on Shaheen's resigna
Nov 16, 2005, 11:38 am - Lottery News

$340 million lottery ticket bought in Oregon gold rush townNews Story
A Powerball ticket worth $340 million was sold in the Gold Rush town of Jacksonville, Oregon lottery officials said today morning.Lottery officials said the winner or winners have not yet stepped forward to claim the largest jackpot in the game's history and the second-biggest lottery jackpot in U.S. history. Jacksonville is near Medford in the southwest part of the state.They said the tickets were sold at one of the two retailers in Jacksonville Ray's Food Place and J'ville Tavern.The store t
Oct 20, 2005, 1:46 pm - Lottery News

S.C. man claims $1 million Powerball lottery prizeNews Story
Lucky lottery player Francis H. Stephenson says big prize won't change his lifeFrancis H. Stephenson figures his luck has changed dramatically since last year.On Monday, he grasped a giant check as he was named the first S.C. resident to win $1 million in the state lottery's Powerball Power Play Match 5 game. A year ago, he was battling cancer and had a portion of his lung removed.Despite the reversal of fortunes, the 60-year-old maintenance supervisor for Superior Essex, a telephone cable manuf
Oct 11, 2005, 6:52 am - Lottery News

New Jersey Couple Wins $258 Million in Mega JackpotNews Story
What to do with a piece of paper worth $258 million?That was the immediate question that confronted Helen and Harold Lerner last Saturday morning after they checked the lottery numbers in the local newspaper and found that they had bought the winning ticket in the Sept. 16 drawing of the Mega Millions jackpot.First they hugged and kissed. Then they checked the ticket about 500 times, Mr. Lerner said, and all of a sudden we were in a dreamland. They wrapped the ticket in cellophane, put it in
Sep 24, 2005, 11:57 am - Lottery News

Mega millionaires celebrate lottery jackpotNews Story
It's hard not to grow giddy at the thought of millions and millions of dollars, even if the money isn't yours.As Harold and Helen Lerner pulled into the driveway of their two-story English Tudor home in Rutherford on Friday afternoon, just a few hours after announcing to the world that they had won the $258 million Mega Millions jackpot, Michele Luna, who lives across the street, couldn't help herself. They're home, they're home! she exclaimed, trying to quiet her two children, who were, at thi
Sep 24, 2005, 11:10 am - Lottery News

That's a whole Lotto bread!News Story
They're rolling in dough.Ten bakery workers at a Staten Island Shop Rite are splitting some major bread - a $19 million New York Lottery jackpot. You can't explain the feeling, said winner Linda Revella, 55, who is already planning to buy a 2006 Land Rover SUV or a Mercedes-Benz SL 500. I've never had this much money. About three months ago, the 10 bakers from the supermarket on Hylan Blvd. in New Dorp decided to pool their money for good luck. We kept on losing [at Mega Millions], then we dec
Sep 7, 2005, 7:47 am - Lottery News