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Congressman leads charge to regulate USA online gamblingNews Story
Support for Congressman Frank's bid to regulate online gambling in the USA grows July has been a good month for Congressman Barney Frank, Chairman of the influential House Financial Services Committee and author of Bill HR 2046 the Internet Gambling Regulation and Enforcement Act which proposes the regulation and taxation of Internet gambling in the United States instead of banning the pastime. Five more Congressman have signed on to the Bill as sponsors, including Representatives Anthony
Jul 23, 2007, 8:52 pm - Lottery News

California Lottery official fired for taking 'bonus' from hotelNews Story
A California Lottery official has been fired for allegedly pocketing gratuities tied to the weekly Big Spin TV show, where scratch-off ticket winners vie for a chance to win millions. Richard Leeson was dismissed after an internal investigation found that he received redeemable honors points from a contract to house Big Spin contestants at the Glendale Hilton Hotel, officials said. This is not the kind of thing you can make excuses for, Lottery Director Joan Borucki said Tuesday at a
Jun 13, 2007, 9:03 am - Lottery News

Is the lottery a tax? N.C. appeals court hears argumentsNews Story
The profit from the sale of lottery tickets in North Carolina is really a tax on the state's residents, which means the law that created the games was passed unconstitutionally, attorneys for a group of taxpayers argued Tuesday before the state Court of Appeals. The fundamental criteria is that the revenue is going to the general benefit of the public, Robert Orr, the taxpayers' lawyer, told the three-judge panel. The lottery was sold as a revenue-raising proposition to raise money for edu
May 22, 2007, 8:55 pm - Lottery News

Nevada panel passes lottery proposalNews Story
Over the opposition of two major gaming corporations, an Assembly committee voted 8-5 Thursday to let voters decide whether to legalize a state lottery. All Democrats on the Assembly Constitutional Amendments Committee backed Assembly Joint Resolution 5, while all five Republicans opposed it. Passage of the resolution in the committee is the first step in a long process before Nevada would join 42 other states in having a state lottery. The measure needs approval by both houses of the Legi
Mar 17, 2007, 1:42 am - Lottery News

Indiana Senate approves lottery sell-offNews Story
Administration officials worked the back of the Senate chamber Tuesday and managed to secure just enough support to pass Gov. Mitch Daniels' plan to privatize the Hoosier Lottery. The 27-20 vote comes from a GOP-controlled chamber that is far friendlier to the governor's plans than the Democratic-held House, where Senate Bill 577 heads next. The legislation authorizes the state to enter into a contract with a private operator to run the lottery for the next 30 years. In exchange, the st
Feb 28, 2007, 9:06 am - Lottery News

Mass. Rep. says lottery funds should go to areas with highest salesNews Story
Lynn is one of the Massachusetts State Lottery's sales hotspots. Yet while Lynn residents spend $85 million a year on tickets and games, the old industrial city gets back just $15 million a year from a Lottery-financed state aid program. State Rep. Steven Walsh (D-Lynn) said it is this imbalance that drove him to file legislation that could revamp the way Lottery proceeds are doled out to cities and towns. Walsh's bill calls for a commission to explore whether the current formula used t
Feb 28, 2007, 8:38 am - Lottery News

Indiana Lottery privitization takes big step forwardNews Story
Indiana Gov. Mitch Daniels' plan to privatize the state lottery took a major step forward Tuesday when a key Senate fiscal panel narrowly approved the proposal. The 7-5 vote came after educators and business leaders lined up to support leasing the Hoosier Lottery to a private operator in exchange for $1 billion toward a life sciences initiative and scholarships meant to keep smart Hoosier kids in Indiana. One Republican joined the four Democrats on the committee to vote against the measure
Feb 21, 2007, 8:35 am - Lottery News

Indiana Lottery sell-off advances in state SenateNews Story
Correction: This story originally identified Kentucky as the state selling off its lottery. We apologize for the error. A Senate committee approved legislation yesterday to privatize the Hoosier Lottery after university officials said they needed the money it would generate to attract top researchers and boost life sciences. We believe this bill is a difference maker, said Purdue University President Martin Jischke. Senate Bill 577 passed 7-5 largely along party lines, with Republi
Feb 21, 2007, 8:11 am - Lottery News

Will Maryland sell off its lottery?News Story
With a huge cash crunch on the horizon and soaring demands for school construction, new roads and mass transit, some Maryland lawmakers are talking up the idea of selling one of the state's most valuable assets: the lottery. The idea has grown popular since the governor of Illinois proposed doing the same thing last year. The governors of Indiana and Texas have suggested similar moves, and discussions of the idea are taking place in Michigan and New Jersey. Maryland faces a gap of $1.3 bil
Feb 15, 2007, 12:15 pm - Lottery News

Ohio Lottery panel rejects new Gov.'s call for smaller prizesNews Story
Ohio Lottery Commission officials say a recommendation from Ohio's new Governor that they reduce prizes to give their profits a boost would have the opposite effect. Lottery officials responded yesterday to a report from Gov. Ted Strickland's transition advisers that said the lottery has an inordinately high percentage of prize payouts. The advisory panel last month asked lottery commissioners to consider scaling back the 59 percent it returned in prizes, which was higher in 2004 than w
Feb 13, 2007, 9:21 am - Lottery News