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Online gambling threatened by U.S. legislatorsNews Story
Editor's Note: Lottery Post is firmly against any attempts to limit the peoples' right to do as they wish on the Internet, including online gaming. Although anti-gambling lobbyists and legislators continue to sound the same alarm about gambling by minors and gambling addiction , we believe both of those arguments apply to such a small fraction of people that the rights of the vast majority of the Internet population are being taken away needlessly and carelessly. People have a right to do
Jul 7, 2006, 11:32 am - Lottery News

N.C. House backs permanent lottery oversight panelNews Story
The North Carolina House agreed Thursday to create a 16-member oversight committee that would examine whether lottery profits are being used for education and if they are supplanting existing education funds. The measure, approved by a vote of 102-1 and sent to the Senate for consideration, would create a permanent panel chosen by the House speaker and Senate president pro tempore comprised of legislators, educators and a county commissioner. The Joint Legislative Lottery Oversight Committ
Jul 7, 2006, 7:15 am - Lottery News

N.J. budget deal, but lottery restart date unclearNews Story
New Jersey Gov. Jon Corzine and lawmakers reached a deal yesterday on a state budget, six days into a government shutdown that shuttered casinos and threw more than 80,000 people out of work. Corzine said about 5 p.m. that the shutdown would end in 24 to 36 hours. The budget bills first must pass both the Senate and Assembly. He cautioned that the budget accord was not cause for celebration, because too many residents' lives had been disrupted. We have much more to do in the coming mon
Jul 7, 2006, 7:02 am - Lottery News

N.J. Lottery players question logic of shutdownNews Story
Gov. Jon S. Corzine's decision to shut down state services created confusion for lottery players and those who sell New Jersey lottery tickets. Sharon Rush, who owns Macaro's Deli in Pennsauken, said she learned about it online. They haven't told us anything, Rush said. Our customers don't even know about it yet. Rush said shutting down the lottery and casinos because of fiscal woes simply doesn't make sense. Something that makes money for the government shouldn't shut down, sh
Jul 2, 2006, 4:33 pm - Lottery News

N.J. Lottery shut down over Gov.'s tax raise planNews Story
New Jersey may be penalized for failing to sell Mega Millions tickets Without a state budget in place and the prospects for one unclear, Gov. Jon S. Corzine began an unprecedented shutdown of New Jersey government Saturday. Given that the new fiscal year began on a weekend, the immediate impacts weren't significant though if you were hoping to test your luck Saturday, you may have been out of it. The New Jersey Lottery stopped selling tickets at 8 p.m. Saturday. Atlantic City casi
Jul 2, 2006, 4:08 pm - Lottery News

Illinois lottery privitization plan panned by tax groupNews Story
An estimated $10 billion windfall from the sale or lease of the Illinois Lottery for state education funding would be short-lived, maintains a new report by the Center for Tax and Budget Accountability, a Chicago-based fiscal policy think tank. Introduced by Gov. Rod Blagojevich May 23, the proposal calls for funneling $4 billion in sale proceeds for school construction, text books purchases and new programs, such as full-day kindergarten and a longer school year. The remaining $6 billio
Jun 22, 2006, 9:06 am - Lottery News

Illinois Gov. won't reveal data on lottery sale planNews Story
The Blagojevich administration said Tuesday it won't release a consultant's work on how much money the state could make by selling or leasing the Illinois state lottery. The administration compared such a move to sharing playbooks with rival sports teams. Republicans have called for public disclosure. Gov. Rod Blagojevich last week proposed privatizing the lottery to provide a bonanza of cash for education over the next few years. He said New York-based consultant Goldman Sachs estimated t
May 31, 2006, 7:36 am - Lottery News

Sale of Illinois Lottery could start a trendNews Story
If Illinois privatizes its lottery system, investors and public officials in other states will closely watch the groundbreaking move with an eye toward repeating it, a gaming industry leader predicted Wednesday. Gov. Rod Blagojevich, a Democrat running for a second term in November, announced Tuesday a proposal to sell off or lease the state's lottery system to private investors in order to bolster school funding. He said the state could get $10 billion out of the deal and use the money to fu
May 25, 2006, 9:48 pm - Lottery News

Many dislike Illinois Gov.'s lottery privatization planNews Story
A day after Illinois Governor Rod Blagojevich unveiled his $10 billion school financing and education reform plan, lawmakers, local school officials and teachers union representatives raised serious reservations, suggesting that key portions of the proposal will face a rocky path. Virtually every aspect of the agenda from state takeover of failing schools to merit pay for teachers to mandated after-school tutoring has its skeptics and detractors. Overall, educators applauded Blagojevich
May 25, 2006, 6:21 pm - Lottery News

Illinois Gov. wants to privatize state lotteryNews Story
Controversial plan is designed to capture funds for education up-front, but is it worth the gamble? Democratic Illinois Governor Rod Blagojevich today will unveil an election-year school funding plan that calls for leasing the state lottery for the next decade to a private firm in return for $10 billion in upfront cash. Schools would get at least $1 billion a year for the next four years from such a deal, with the remaining $6 billion going into an education trust fund governed by a board
May 23, 2006, 2:38 pm - Lottery News