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New Mexico Lottery reports record FY2003 revenueNews Story
The New Mexico Lottery Authority has posted a record $137 million in revenues for its fiscal year 2003 ending June 30, 2003, an increase of $3.1 million over the previous year.Its net earnings, or profit, totaled $33.1 million for the year, compared with $29.6 million, in its fiscal 2002 year. We had a tremendous year, says Tom Shaheen, CEO of the New Mexico Lottery. We were a little surprised given the state of the world and the economy, but we're happy and hope to keep [the earnings] up. The
Jul 29, 2003, 3:39 am - Lottery News

Georgia proposes deal with new Tennessee lotteryNews Story
NASHVILLE, -- Tennessee could launch its new lottery up to four months earlier than planned if it partners with Georgia and its vendor contract, Georgia Lottery director Rebecca Paul said Monday.Paul pitched the unique idea of a ``long-term strategic alliance'' to the Tennessee Education Lottery Corporation board at its second meeting, telling members the states' identical lottery statutes ``open doors for us to do many things jointly to reduce overhead in both jurisdictions.''Tennessee's lotter
Jul 29, 2003, 3:28 am - Lottery News

Virginia Lottery Shatters Records for Fiscal Year 2003News Story
The books for fiscal year 2003 are closing at the Virginia Lottery, and the big winner is Virginia`s public schools (kindergarten through twelfth grade). Lottery profits, which are dedicated by constitutional mandate to support public education (K-12) in the Commonwealth, came to more than $375.2 million for the fiscal year that ended at midnight June 30, 2003. Virginia Lottery Executive Director Penelope W. Kyle today presented a ceremonial check in the amount of $375.2 million to Lieutenant Go
Jul 28, 2003, 3:55 am - Lottery News

Lottery learns Texas must pick a gameNews Story
The head of the state lottery agency said Wednesday that he will not recommend that Texas join both major multistate lotto games, a concept pitched last month by the Lottery Commission chairman.Reagan Greer, executive director of the Texas Lottery, said the idea was shot down by Mega Millions, one of two multistate associations eager to add Texas to their games.Mega Millions officials, according to Greer, decided they were uncomfortable with the idea. Officials of Powerball, the other group recr
Jul 28, 2003, 3:45 am - Lottery News

Tennessee lottery board meets for second timeNews Story
Tennessees new lottery board will meet today for the second time following a rocky start last week. Gov. Phil Bredesen appointed law firm Bass Berry Sims as legal counsel for the board last Monday. And one day later, amid criticism, dismissed the firm due to its close ties to the administration. Bass Berry will be back today to help get things started. The board is expected to take up the issue of naming a new firm. Lottery leader Sen. Steve Cohen (D) of Memphis has taken issue with last weeks
Jul 28, 2003, 3:33 am - Lottery News

Texas-Size JackpotsNews Story
The stakes are about to get higher for Texans who play the lottery. State officials are ready to join a giant jackpot lottery like Powerball where the payoff could be worth hundreds of millions of dollars. Some folks are seeing green, while other are predicting disaster.Does $261 million peak your interest? Next Thursday, Lottery Executive Director Reagan Greer will tell the Lottery Commission which game Texas should join. We're looking at Powerball or Mega Millions because there is a precedent
Jul 25, 2003, 1:33 pm - Lottery News