Q&A with the CT Lottery CEO
The Hartford Business Journal recently conducted an interview of the Connecticut Lottery CEO.
Q: The lottery has a rich history in our country, dating back to the Revolutionary War when it was used to finance armaments. A legislator floated the idea of a super lottery for deficit reduction. Is there a lottery game out there that could generate $1 billion for the state in profit?
Currently, our revenues to the state exceed a quarter-billion dollars annually. It is unlikely that there exists ...
Apr 14, 2009, 9:36 am - Lottery News forum
Illinois Senate president hopes to expand lottery
Internet sales being contemplated
Hoping to squeeze more money out of the state lottery, Illinois Senate President John Cullerton wants to sell tickets online and hire a private company to manage and market the games.
Cullerton thinks new technology and fresh ideas could help Illinois facing what could be a $9 billion hole in next year's budget dramatically boost lottery revenues.
I would venture to say you could potentially even double it, the Chicago Democrat said in a recent intervi ...
Feb 16, 2009, 9:38 pm - Lottery News forum
N.J. lawmaker wants to expand lottery reach, sales
Targets Internet sales, mobile phones, and 'big box' stores
Saying it would generate more cash for the state, New Jersey Senate President Richard Codey will push a plan to expand the New Jersey Lottery by selling tickets at big box stores such as Home Depot or Target, adding internet sales and even allowing people to play the games with their cell phones.
Codey (D-Essex) said the Lottery has untapped potential that can help ease New Jersey's fiscal woes over the next decade. He said he bel ...
Apr 8, 2008, 7:54 am - Lottery News forum
N.D. Lottery wrestles with credit card buying options
The North Dakota Lottery's recently announced holiday sale of ticket subscriptions highlights a quirk in its operations. Gamblers are barred from using a credit card to buy tickets, but they may use plastic to play one of the lottery's four games dozens of times over an extended period.
Credit card sales are limited to subscriptions, said Chuck Keller, the director of North Dakota's lottery. A subscription allows a gambler to buy a chance to play the same lottery number for 13, 26 or 52 strai ...
Dec 4, 2007, 7:10 pm - Lottery News forum
Florida lottery raffle tickets being illegally re-sold
Special Florida Lottery $20 holiday raffle game tickets that sold out over the weekend are now appearing for sale illegally on an online auction site, in some cases for thousands of dollars.
Since the Florida Lottery only printed up 1.25 million tickets, the Holiday Millionaire Raffle is the best chance ever for Floridians to win a $1 million.
However, some Floridians are trying to cash in early by illegally selling their tickets.
We found that these $20 slips of paper are in extrem ...
Dec 6, 2006, 7:14 am - Lottery News forum
UK online lottery company fizzles
Editor: Lottery Post previously reported that the creators of this 'alternative' UK lottery had allegedly enriched themselves more than the charities the lottery is supposed to support.
Are the owners squeezing out the profits and then leaving the company and its stockholders in the lurch?
It started out as a small but brazen challenger to the national lottery, hoping to capitalize on a stream of damaging stories that have caricatured many of the good causes benefiting from lottery cash a ...
Jun 6, 2006, 9:18 am - Lottery News forum
Illinois Lottery exploring Internet sales again
Could keno be out and Internet lottery in?A proposal from last spring to authorize Internet sales of Illinois lottery tickets popped up again Thursday, a week after Gov. Rod Blagojevich unveiled a controversial initiative to include keno in the lottery as a way to finance school construction bonds.A Blagojevich spokeswoman said the governor was not backing off the keno proposal but seemed to hedge her bets. We are willing to consider other ideas from the General Assembly, Rebecca Rausch said.Th ...
Jan 20, 2006, 10:57 am - Lottery News forum
Powerball lottery fever hits the USA
Jackpot hits record $340 million for WednesdayThe Powerball jackpot will be the most ever for the multi-state lottery game after no one won Saturday night.The estimated $305 million jackpot Saturday went unclaimed, pushing the jackpot to an estimated $340 million for Wednesday's drawing.It is the biggest jackpot in the game's history and eclipses the previous record high of $314.9 million won on Christmas Day 2002 by a West Virginia man.Joe Hrdlicka, a spokesman for the Iowa Lottery, said lotter ...
Oct 17, 2005, 8:48 am - Lottery News forum
Play The N.C. Lottery Over The Internet? It Could Happen
Log on... Win millions. That could be a slogan one day for the North Carolina lottery.The lottery bill that Governor Mike Easley signed into law last week allows something no other state does: online gaming. Our law includes specific reference to online games, said Bill Brooks, who works with the North Carolina Family Policy Council.Experts said that phrase could be interpreted in different ways. But, they said, the phrase leaves the door open for North Carolina to become the first state to of ...
Sep 8, 2005, 2:34 pm - Lottery News forum
Texas legislature defeats Internet lottery bill
An Internet search for online gambling netted 9 million hits Wednesday, but Texas House members nixed hopes that one of those might lead to the Texas Lottery.Lawmakers, seeking ways to help fund the state budget, rejected a measure, 89-52, that would have raised as much as $275 million more a year by allowing the lottery to debut on the Internet.Passions rose in an unpredictably bipartisan fashion as lawmakers debated the virtues and vices of expanding gambling to pay for better education, hea ...
May 6, 2005, 10:24 am - Lottery News forum