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Arizona Lottery sales hit record levelsNews Story
People in Arizona are spending record amounts of money on lottery tickets, a sales surge that is surpassing that of other states. In a recent national comparison of state lottery sales, Arizona ranked first out of 43 states and the District of Columbia in percentage increase from fiscal 2009 to 2010, according to the trade publication La Fleur's Magazine. In fiscal 2011, which for Arizona ended June 30, the Lottery sold $584 million in tickets, its most ever. However, the Arizona Lotter
Aug 19, 2011, 8:15 am - Lottery News

Starved state budgets prompt new interest in online gamblingNews Story
The District of Columbia is not thrilled that its residents are traveling to Maryland, Pennsylvania and West Virginia to gamble in casinos. Starved for cash, like states across the country, the district wants some of the millions in revenue that gambling generates each year. So district officials want residents to gamble closer to home inside their homes, actually. Or in cafes, restaurants and bars. By year's end the district hopes to introduce an Internet gambling hub that would allow Washin
Aug 14, 2011, 5:05 pm - Lottery News

Embattled Arkansas Lottery controller resignsNews Story
The top fiscal officer for the Arkansas lottery, who was criticized by some lawmakers and lottery commissioners following an important audit, has resigned. A resignation letter from lottery controller Philip Miley says he and his wife have decided to return home. Miley was controller for Regional Health Care Holding Inc., a subsidiary of St. Bernard's Health Care of Jonesboro, from 1997 to 2008. Miley, who has worked for the lottery since July 2009, did not return messages seeking comment.
Jul 30, 2011, 9:57 pm - Lottery News

W.V. Lottery ends 3-year losing streakNews Story
A three-year money-losing streak for the West Virginia Lottery has come to an end, as the agency saw an upswing in revenues for the just completed 2010-11 budget year, Lottery commissioners learned Tuesday. Fueled by the enormous success of table games at Charles Town's Hollywood Casino, and by a surge in sales for traditional scratch-off games, the Lottery saw a 3 percent jump in total revenue for the budget year, for a total of $1.39 billion. Things are picking up, it looks like, a litt
Jul 29, 2011, 6:54 am - Lottery News

Lotteries hit record profits last yearNews Story
Lottery sales are strong, but there are points of weakness By Todd Northrop Government-sponsored lotteries are continuing their broad expansion as income-producing entities, as many lotteries reported record profits in the last fiscal year. Reports of record profits from the lotteries come despite continuing high unemployment and an economy that has been flat or downward-trending for the past two years. Iowa Lottery CEO Terry Rich says he believes the lottery does well in a bad econo
Jul 25, 2011, 1:19 pm - Lottery News

Ohio Lottery privatization critics getting louderNews Story
A chorus of critics across the political spectrum is rising up against plans by Ohio Republicans to privatize day-to-day operations of the state lottery and expand its reach into slots-like video lottery terminals at horse tracks. On June 17, the American Policy and Ohio Roundtables condemned an agreement between the state and Rock Ohio Caesars, the operator of planned casinos in Cleveland and Cincinnati. The conservative policy groups, which opposed the 2009 constitutional amendment that bro
Jun 22, 2011, 10:57 am - Lottery News

Spain to privatize lotteryNews Story
The Spanish government is close to selecting three advisers to help it sell shares in national lottery Sociedad Estatal de Loter as y Apuestas del Estado SA that could raise as much as $10.62 billion. The choice of strategic, financial and legal advisers could be announced as soon as Tuesday, Aurelio Mart nez, chairman of Loter as y Apuestas del Estado, said in an interview. The mandates are considered prestigious for consulting firms, investment banks and law firms, even if the fees involved
May 24, 2011, 7:03 am - Lottery News

N.M. lottery celebrates anniversary, tackles challengesNews Story
Amid revenue shortfall, officials launch new campaign to boost ticket sales New Mexico Lottery officials this month are celebrating the 15th birthday of the lottery program with a special anniversary scratcher ticket and a new ad campaign. Amid a revenue shortfall and the possibility that the lottery's scholarship money could be out of cash by 2014, the celebration is bittersweet. This is a new era for us because we don't know how many people are going to play the lottery from now on,
Apr 25, 2011, 7:27 am - Lottery News

NY Lottery contributed $2.6 billion to educationNews Story
Includes video report By Todd Northrop With recent media attention focused on soaring Mega Millions sales, many people are curious how the lottery proceeds are divided and spent. WNYT in New York asked the New York Lottery, and contacted several local school districts, to follow the trail of money from players' pockets to textbooks and commissions. Last year lottery sales in New York State totaled more than $7.8 billion, of which $2.6 billion went to education funding. The $2.6 bi
Apr 4, 2011, 8:36 am - Lottery News

Forbes: Tonight's $312M Mega Millions lottery is a sound investmentNews Story
Editor's Note: Tonight's $312 million Mega Millions drawing takes place at 11:00 pm Eastern Time (8:00 pm Pacific Time). The winning numbers will be published at USA Mega (www.usamega.com) and at Lottery Post's Lottery Results page. Playing the lottery is a fool's errand. Everyone knows it's a losing gamble, that the house wins and that, especially as jackpots increase, the odds of winning are slightly lower than the odds of getting struck by lightning twice. (Just ask this guy.) In tonight's
Mar 25, 2011, 7:47 pm - Lottery News