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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

Calif. Lottery fails to meet Mega Millions deadlineNews Story
The Democrat-controlled California legislature, which has taken an adversarial role against the California Lottery for the past several years, has not met its obligation to change state law by a court-ordered deadline, aimed at ensuring participation in multi-state lotto is fair to education, lottery officials said Wednesday. The lottery bill making the needed change extension of California's prize-claim period to match 11 other Mega Millions states remained stalled on the eve of Friday's
Jul 12, 2007, 1:12 pm - Lottery News

NJ Lottery to enforce child support withholdings from winnersNews Story
Law already on the books, now legislature insists on its enforcement New Jersey moved closer Thursday to collecting its due from lottery winners who owe the state money. A measure approved unanimously by the Assembly would require lottery officials to deduct outstanding debt before awarding prize money. The proposal would affect anyone who wins more than $600 and owes the state money. State officials estimate that the new requirement would raise $800,000 to $1 million a year. The
Jun 22, 2007, 12:45 pm - Lottery News

N.C. Lottery foe confident that lottery will be ruled an illegal taxNews Story
By Steve Ford, News Observer Bob Orr has an agreeably youthful look about him, and not just because he's four days younger than I (a trivia item once called to his attention). Maybe it's only my imagination, but these days there seems to be even a hint of mischief in his smile as if he were a kid who had just poked a stick into an ant hill and was enjoying the confusion. If Orr prevails in his latest legal venture, lots of Raleigh's political ants will be running in tight circles.
May 29, 2007, 9:20 am - Lottery News

A mega decision for California Lottery?News Story
The state lottery's 2005 entrance into multi-state Mega Millions lotto would become fully legal, and fair to gamblers and schools, under a bill approved Thursday by the Assembly. At the same time, the Assembly said it is hiring a think tank, Los Angeles-based Milken Institute, to assess Gov. Arnold Schwarzenegger's push to privatize the state-run lottery. The move came after the governor briefed Democratic legislative leaders on the plan, aimed at yielding immediate cash to ease the state bud
May 26, 2007, 9:40 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

West Virginia resisting trend to privatize LotteryNews Story
About a dozen states are flirting with the idea of selling their lotteries to private companies to help plug financial gaps in their budgets. But West Virginia officials say they so far have not seriously considered such an initiative, which would privatize the state lottery in exchange for quick cash. California Gov. Arnold Schwarzenegger, for instance, wants to sell the Golden State's lottery to bring in as much as $37 billion. Under Schwarzenegger's plan, the state lottery would be leas
May 10, 2007, 4:26 pm - Lottery News

Schwarzenegger may try to privatize California LotteryNews Story
California Gov. Arnold Schwarzenegger is poised to call for privatizing the state lottery, a move that would bring California a cash infusion of as much as $37 billion to help solve pressing budget problems but also could sacrifice a major revenue source for decades to come. The lottery would be leased to a private company for up to 40 years in exchange for a lump-sum payment or series of payments, according to documents from the governor's budget office that were provided to legislative staf
May 10, 2007, 2:56 pm - Lottery News

Lawsuit challenges N.C. LotteryNews Story
Plaintiffs say the lottery is a tax because of the education allocation and was passed unconstitutionally An esoteric argument under way in the courts over the North Carolina lottery Is a part of each ticket a tax or is the state just making a profit? could have an effect that's easy to understand: No more lottery. The N.C. Court of Appeals will hear arguments in three weeks. The case is pushed by a nonprofit legal group that sees the lottery as a tax that didn't go through the req
Apr 29, 2007, 5:20 pm - Lottery News

Indiana Lottery privatization on holdNews Story
Gov. Mitch Daniels said Friday he is putting off but not giving up on his hopes of privatizing the Hoosier Lottery and wants a yearlong, statewide conversation on how best to spend the $2 billion or more the lease could bring. Daniels said 10 companies, mostly American firms, have submitted nonbinding bids to lease the Hoosier Lottery. Half of those, he said, are north of a billion and a half, with two offers well over twice as big as the $1 billion the state had estimated it could rece
Apr 23, 2007, 10:07 am - Lottery News