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Even with revenue deal, start of N.C. lottery no sure betNews Story
House and Senate Democrats have agreed how to distribute lottery proceeds, but it's hardly a sure bet that North Carolina will become the last state on the East Coast to run a numbers game this year.The agreement, details of which were released late Monday with the final proposed $17.2 billion state budget for the coming year, includes a looser advertising policy than one approved by the House in April.Even if both chambers approve the budget later this week, the lottery language won't enact the
Aug 9, 2005, 8:37 am - Lottery News

Nevada Democrats try to revive lottery planNews Story
Nevada Democrats are trying to breathe life into their state lottery proposal, an idea Senate Republicans say is dead for the 2005 session.Although the resolution was voted down by the Senate Judiciary Committee, Assembly Speaker Richard Perkins, says he's negotiating with Senate Republicans leaders with the hopes of reviving it.The resolution would let the state create a lottery to pay for school supplies and class-size reduction. Democrats say it could bring in as much as 50 million dollars an
May 17, 2005, 12:48 pm - Lottery News

N.C. Senate lottery committee to meet WednesdayNews Story
A North Carolina Senate committee commissioned to take up the House's lottery bill approved two weeks ago will meet this week for the first time.The Senate Select Committee on the Lottery Bill will review the measure narrowly passed by the House. The measure would dedicate half of the gambling's net revenues to school construction.Another 25 percent would create need-based college scholarships, with the rest going to a special education fund controlled by the General Assembly -- possibly to assi
Apr 19, 2005, 10:07 am - Lottery News

Kentucky Lottery hurt by players' luckNews Story
Big prize payouts by the Kentucky Lottery, including multimillion dollar payments to winners in three February Pick 3 games, are making a dent in the amount of money being returned to the state treasury, lottery officials said Friday.Normally, in the twice-daily Pick 3 drawing, having the same digit for all three numbers occurs only once every six weeks or so, lottery officials said. But 3-3-3 was drawn on Feb. 2, resulting in payment of $2.86 million in prizes, 2-2-2 was drawn on Feb. 12, resul
Mar 28, 2005, 10:06 am - Lottery News

Oregon Lottery rate cut has fierce opposition and supportNews Story
Oregon Lottery Director Dale Penn, seeking to capture millions of additional dollars for schools and other state programs, on Tuesday proposed a nearly 50 percent rate cut for retailers offering the lottery's new electronic slot machines.The rate cut, the biggest proposed by a lottery director since the state first ventured into electronic gambling 13 years ago, was cheered by school advocates who complain that bars, taverns and restaurants have been making excess profits off the lottery.But the
Feb 17, 2005, 10:03 am - Lottery News

Colorado Lottery cuts $1 million from budgetNews Story
When Margaret Peggy Gordon took over the troubled Colorado Lottery early this year, she examined every contract and questioned every expense.That effort allowed the agency to cut nearly $1 million from its $22.8 million 2005-06 budget request in an era when many agencies are looking for additional funding from the already tight state budget. We were looking at everything individually, Gordon said. The staff really stepped up and found ways we could spend less and not cut what we're doing in
Nov 19, 2004, 11:55 am - Lottery News

GTECH's 1Q earnings up 31 percentNews Story
Gtech Holdings Corp., the world's largest operator of lotteries, Tuesday posted a 31 percent jump in profit for its latest quarter, helped by continued strong sales.The West Greenwich-based company also boosted its full-year earnings expectations because of a reduction in its tax rate.The company reported net income of $53.6 million, or 80 cents a share, for the first quarter ended May 29, up from $41 million, or 68 cents, a year earlier.The latest quarter included a one-time gain of $6.4 millio
Jun 23, 2004, 7:11 am - Lottery News

Law firm cuts lottery bill by 15% after scrutinyNews Story
A Nashville law firm has agreed to reduce its $892,000 bill for legal services to the Tennessee lottery by 15 percent, or more than $100,000 legislators said Monday.Sen. Jerry Cooper, D-Morrison, co-chairman of the Fiscal Review Committee, said the reduction came after negotiations between the state attorney general's office, legislators and the law firm of Waller Landsen Dortch Davis, which teams with other law firms under a contract with the Tennessee Education Lottery Corp.Legislators had b
Apr 20, 2004, 7:16 am - Lottery News

Lottery Post Adds New Lottery Predictions FeaturesNews Story
Lottery Post, a leading Internet Web site focused on the lottery industry, increased its offerings today with the addition of a section dedicated to future lottery predictions.Using the new Predictions page, Lottery Post members can input numbers that they predict will be drawn in upcoming lottery drawings. Lottery players enjoy predicting upcoming numbers for a variety of reasons, including:Testing pattern theoriesAs a contest with other playersSimulating lottery playDetermining if government
Feb 7, 2004, 7:41 pm - Lottery News

Arkansas poll shows more support for lottery than higher taxesNews Story
A poll shows that most Arkansans would not support increased income taxes to pay for education reform, and about half oppose a sales tax increase, but many are willing to take a chance on a lottery.The poll was conducted by Opinion Research Associates Incorporated of Little Rock for the Stephens Media Group. The survey showed that 71% were opposed to paying more in income taxes to support public education.The poll also showed that only 47% support a penny increase in the sales tax with proceeds
Feb 6, 2004, 6:48 am - Lottery News