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TagResults 1 - 10 of 95 for Connecticut. (0.02 seconds)

New interim CEO named at CT Lottery
A day after Frank Farricker resigned as Connecticut Lottery Corp. board chairman and interim CEO, the lottery's governing board named a new temporary chief executive to serve until a permanent president/CEO is hired in a month or two at the end of a national search that's now in progress. At a meeting Tuesday afternoon in lottery headquarters, the board appointed Chelsea Turner, the lottery's chief of strategy and government and operational affairs, to replace Farricker, until a committee of ...
May 16, 2017, 6:39 pm - Lottery News forum

Turmoil: Connecticut Lottery interim CEO quits
Frank Farricker, the Connecticut Lottery Corp.'s board chairman and interim CEO, resigned from both unpaid but influential positions Monday after drawing heavy criticism during a legislative inquiry into lottery officials' handling of the fraud-plagued 5 Card Cash lottery game. Saying that he hopes to help the lottery agency by ceasing any further distractions, Farricker wrote to the quasi-public agency's general counsel, Matthew Stone, and said he was quitting immediately. I am proud to ...
May 15, 2017, 7:09 pm - Lottery News forum

CT Lottery ignored warnings that game was vulnerable to fraud, investigation finds
Connecticut Lottery officials knew in January of 2015 that there was a way for retailers to illegally access the numbers of the 5 Card Cash game on their computer screens and manipulate tickets but waited 10 months to notify the Department of Consumer Protection that fraud was occurring. At a legislative hearing Tuesday morning Connecticut Lottery Corp.'s chairman and acting president, Frank Farricker, acknowledged that lottery officials put revenues over security issues concerning the game, ...
May 2, 2017, 4:38 pm - Lottery News forum

CT Lottery settles 5 Card Cash dispute with vendor
Will receive $300,000 from Scientific Games, not $4M sought The Connecticut Lottery Corp. has agreed to settle for a fraction of the nearly $4.2 million it had claimed that Scientific Games, the international gambling giant, lost in last year's hacking of the popular 5 Card Cash instant game. Frank Farricker, acting president of the lottery, said Monday that Scientific Games will provide about $300,000 to develop a new, more-secure operating system. The Las Vegas-based company has also agr ...
Nov 29, 2016, 2:03 pm - Lottery News forum

Statistics professor wins the lottery
What are the chances that a statistics professor would end up winning the lottery? Nicholas Kapoor, who teaches students in his accelerated statistics class at Fairfield University about probability, would definitely know the answer. But now, he doesn't only know the math solution he knows the real-life chances. The Connecticut professor recently won $100,000 playing the lottery! He said his winnings have created a great way to demonstrate for his students how hard it is to win somethin ...
Nov 14, 2016, 11:17 am - Lottery News forum

Lottery supplier defends role in CT Lottery scandal
Scientific Games, the international gambling-games giant, is defending what appears to be a year-long cascade of glitches and failed oversight that led to an insider hacking scandal and the shutdown of the Connecticut Lottery's popular 5 Card Cash game. Mollie Cole, director of communications for the Las Vegas-based Scientific Games, says that equipment for the game performed to the Connecticut Lottery Corporation's (CLC) standards. The hardware and software provided to CLC for the 5 Card ...
Nov 1, 2016, 12:32 pm - Lottery News forum

Report finds no conspiracy in CT Lottery scandal
New details of how vendors outsmarted their lottery terminals and printed themselves hundreds of thousands of dollars in instant, winning 5 Card Cash tickets, are revealed in the Connecticut Lottery Corp.'s final assessment of the scandal. Frank Farricker, chairman of the board overseeing the lottery, sent the eight-page assessment of the fraud to the state Department of Consumer Protection on Friday. The department regulates the lottery and investigates the wrongdoing. In a Sunday intervi ...
Nov 1, 2016, 12:13 pm - Lottery News forum

CT Lottery chief departs after nine years
Anne M. Noble, president and CEO of the Connecticut Lottery Corp. for the last nine years, resigned Tuesday, saying, I've really done what I set out to do when I was hired by this board in 2008. I'm fond of saying this is not your mother's lottery, Noble said after a late afternoon lottery board meeting during which her departure agreement was approved. Noble, who earns $206,000, will remain as CEO until Sept. 22. After that she will stay on as a senior adviser to the lottery board until ...
Aug 31, 2016, 7:50 am - Lottery News forum

Connecticut men charged with rigging machines in lottery scheme
Investigators uncover more than 20 retailers suspected of cheating State authorities continue to investigate the rigging of a Connecticut Lottery game they say increased the number of winning tickets and the payout to retailers. One store, operated by two Wallingford men charged earlier this year, took in over $200,000 in additional prize payouts due to the scheme, authorities say. Rahul Gandhi and Prakunj Patel, both of 37 Jobs Road, Wallingford, were arrested in March by the state Dep ...
Jul 13, 2016, 7:03 pm - Lottery News forum

CT Lottery aware of security problems before shutting down game
Months before Connecticut Lottery's 5 Card Cash game was suspended, lottery officials knew there was a security issue that eventually allowed the game to be rigged, according to a four-month investigation. 5 Card Cash, a combination instant-win/evening-draw game, was suspended on November 14, 2015 after it was discovered that retailers were using a flaw in the computer system to rig the game to buy only winning tickets. The problem was the printer, say state investigators. If retailers ordere ...
Jul 7, 2016, 9:01 pm - Lottery News forum

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