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Australian lottery sale proposal 'a gamble'News Story
A NSW opposition plan to sell NSW Lotteries to help pay for drought projects would amount to a gamble on the security of the state's water resources, Premier Morris Iemma says. Opposition Leader Peter Debnam wants to sell NSW Lotteries, from which the government earned $381 million in 2005/06, to help pay for a $1 billion drought-proofing water fund. It's expected a coalition government would earn around $800 million from the sale, details of which Mr Debnam will finalise after consulting
Dec 11, 2006, 7:45 am - Lottery News

Lottery scams target big-spending AustraliansNews Story
Overseas lottery scams are flourishing and Australians are being sucked in, many of them losing thousands of dollars, the Australian Consumer Fraud Taskforce (ACFT) says. Lottery scams, in which people are asked to pay a fee and give personal information to access winnings from a bogus lottery, are one of the most reported confidence tricks nationwide. ACFT chair Louise Sylvan said poorer consumers were attracted to the scams, which had increased at an alarming rate in recent years. Th
Feb 14, 2006, 12:24 pm - Lottery News

Embattled lottery pyramid scheme slammed by Australian courtNews Story
World Games Inc. (WGI), a loosely-based international company that has been on the run from legal authorities around the world for several years, was found to be in violation of the 1974 Trade Practices Act by the Australia Full Federal Court for organizing an international lottery pyramid scheme.The court's ruling was directed at Gold Coast company Worldplay Services Pty. Ltd., a corporate entity that is tightly coupled with WGI.The decision also upheld that Greg Kennedy, the company s director
May 10, 2005, 8:57 am - Lottery News