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TagResults 331 - 340 of 365 for tennessee. (0.02 seconds)

Tenn. may pay Paul 6 times what Calif., Texas, Fla. pay lottery chiefs
Package: $350,000 salary and up to $402,500 in bonusesTennessee's new lottery director will make at least three times the salary and perhaps as much as six times more than the directors of many of the nation's largest state lotteries, a Tennessean survey of lotteries shows.Georgia lottery director Rebecca Paul, who was tapped during the weekend to head Tennessee's new lottery, will receive a base salary of $350,000. This compares with $134,000 in New York, $123,255 in California and $110,000 in ...
Sep 10, 2003, 4:07 am - Lottery News forum

Paul recommends maximizing lottery prizes
Increasing lottery prizes by changing the law that sets aside nearly a third of game proceeds for scholarships will ultimately lead to more money for Tennessee students, the state's new lottery chief said Tuesday. Rebecca Paul, speaking to reporters a day after being named CEO of the state's new lottery, said she already has contacted several legislators about changing the lottery statute so that officials will have the flexibility to maximize the money going toward college awards.Currently, lot ...
Sep 10, 2003, 4:05 am - Lottery News forum

Paul denies leaving Georgia lottery in quandary
New Tennessee lottery chief says rising college costs are a problemRebecca Paul, Tennessee's new lottery chief executive officer yesterday denied leaving the same position in Georgia because of problems with the Peach State's lottery scholarship program.She also said the problem with the HOPE scholarship program in Georgia is escalating college costs, which are growing faster than lottery revenue even though that revenue has climbed 136% in the past 10 years from $1.1 billion a year to $2.6 bill ...
Sep 10, 2003, 4:03 am - Lottery News forum

Road to lottery job
Time line of Rebecca Paul's selection as chief executive officer of the Tennessee lottery:Feb. 27 Paul, head of the Georgia lottery, the model for Tennessee's, briefs a joint session of the state House and Senate on what is involved in setting up a state lottery. Legislation creating the Tennessee lottery was pending.July 28 Paul discusses a possible Georgia-Tennessee partnership agreement with the Tennessee lottery board.Aug. 14 Questions are raised about whether a partnership would violate pro ...
Sep 9, 2003, 3:50 am - Lottery News forum

New lottery chief gets jackpot, too, if she hits the numbers
Industry-heralded lottery czar Rebecca Paul could be paid just over $750,000 if:Next year's Tennessee Lottery sells its first scratch-off tickets by Feb.17.Sells its first online tickets 60 days later.And clears $122 million for education by July 1.Those ambitious goals are built into a base- and incentive-pay package worked out with Paul over the weekend by the Tennessee Lottery Board to lure her away from a $500,000-a-year post as chief executive officer of the Georgia Lottery to the same posi ...
Sep 9, 2003, 3:44 am - Lottery News forum

Tenn. Lottery Could Include Satellite Network
A legislative sponsor of Tennessee's lottery law says the game could be a high-tech operation when retailers start selling tickets.State Rep. Chris Newton of Cleveland says retail outlets may be connected to the lottery's online games by traditional phone lines, but other technologies could be featured. He says the technology is there to do the satellite hookup.A mid-February or later starting date is projected since the Tennessee lottery board rejected a joint operating deal with Georgia.Tennes ...
Sep 8, 2003, 2:36 pm - Lottery News forum

Giant lottery operator GTECH wants to add Tennessee to its clientele
Financial advisers have long said that lottery players would fare better investing their money in the stock market than hoping the pingpong balls pop up with their numbers.If you followed that advice and bought stock in the largest lottery operator in the country, GTECH Holdings, over the past decade, chances are the investment would have paid off better about 500% better.The West Greenwich, R.I., company's stock price has doubled in the past year, closing Friday at $42.77; GTECH's revenues have ...
Sep 8, 2003, 3:49 am - Lottery News forum

Georgia's Lottery Director to Quit
Rebecca Paul, who started Georgia's lottery and has been its only director for 10 years, is jumping ship to run the startup lottery for neighboring Tennessee. She has informed the governor, Dan McLagan, a spokesman for Georgia Gov. Sonny Perdue, said. Mrs. Paul has indicated she is looking for a new challenge. We certainly wish her well. Earlier Sunday, two sources told The Associated Press Paul was negotiating with Tennessee officials to head their new lottery and that she was expected to tak ...
Sep 8, 2003, 3:38 am - Lottery News forum

Lottery board narrows list of CEO candidates to three
The list of candidates for the top job in running Tennessee's lottery has been whittled from 15 to three, but lottery officials declined yesterday to say who the finalists are.One official said Tennesseans could rest assured that the chief executive officer candidates would be well-screened and that the board had no choice but to handle it this way.Lottery board spokesman Will Pinkston was asked why there will not be an opportunity for a public review of candidates or the board's selection.''Unf ...
Sep 5, 2003, 3:27 am - Lottery News forum

Tennessee Rejects Lottery Deal with Georgia
The Tennessee lottery board decided unanimously this afternoon to decline a partnership with the Georgia lottery perhaps delaying the startup of games in Tennessee until March.Board members said the deal made sense from a business perspective because it would have provided more net revenue to be used for scholarships for Tennessee students.Although the state Attorney General's Office and the outside counsel consortium led by Waller Lansden Dortch Davis agree a joint venture is legal and allowe ...
Sep 3, 2003, 6:06 pm - Lottery News forum