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GTECH explains pricey N.J. Lottery contractReply
The real pricing equation is tough to calculate sometimes... For example, if you bid a percentage of sales, you assume a certain level of sales, times your percentage, to get an estimated contract cost to the State. I haven't seen those assumptions published. Look at neighboring Connecticut - their terminals (admittedly, they are old) break down all the time. SciGames also has no experience running a state this big. It would only take a couple of extra days of down time t
Oct 13, 2006, 12:17 pm - Drivedabizness - Lottery News

N.C. Lottery fraud trial: E-mail disclosure has witness in tearsReply
Every action taken on a lottery central computer system is logged and monitored. The actual play information is not stored in any fashion that can be read by a computer operator - in fact it is scrambled to help make sure no one can see what numbers have been played. While not infallibale, (most) lotteries go to great lengths to ensure their quick pick algorithms are random. CA used the stats department at UCLA for many years and their sign-off was a necessary step in launching/upgra
Sep 28, 2006, 1:58 pm - Drivedabizness - Lottery News

Lottery ClubsReply
The book is good, but old. The forms and contract between members should be useful to you. The main thing that has changed is states now view selling a lottery ticket for more then you paid for it to be ticket scalping which is generally a crime. Ever dollar you take in needs to go for lottery tickets and if you are in the club you have to pay for your tickets too. You can not make a profit off your players, it is risky to ask them to cover expenses as that can be considered adding to the p
Sep 27, 2006, 11:55 pm - BobP - Lottery Discussion Forum

Is anyone else having this problem?Reply
Mike: Me and the Mirage, the Bellagio and Elvis got a thing going. Everyone I sign up from this thread gets to spend a little time in an alley out back answering a few questions about why they been admiring bellyache's new icon. Then, if enough people end up giving the right answer Rocco's gonna come see me, bring me my cut of the action and a ticket to the Jimmy Hoffa Concrete Shoeshop. I surely am looking forward to that. Used to be a teamster for a while and old Jimmy was dear to m
Jul 14, 2006, 5:56 pm - Rip Snorter - Lottery Discussion Forum

After the Win: Who do you consult?Reply
Quote: Originally posted by Dream on April 4, 2006 Talk to your relatives and friends. They sure will help you manage your finances. Just kidding. You should consult a financial firm like Merrill Lynch or other big firms. They will be able to help you with everything you need, setting up trust, minimize tax liability, invest and so on. Merrill Lynch? Google Merrill Lynch and key words like fraud and lawsuit! How about Paine Webber? I'm sure you'll come up with a few links! You don't have
Apr 5, 2006, 3:45 am - justxploring - Lottery Discussion Forum

In the event you hit the jackpot ...Reply
Quote: Originally posted by Chewie on March 1, 2006 Three people voted no? Please explain the logic to this. What could possibly make you think you would be rationale enough to make logical decisions? How on earth could you imagine yourself calm enough to read the fine print! If I was the smartest lawyer in the universe, I would still hire a lawyer! Although I said above that I'd hire an attorney, I'm not totally sure of the necessity of doing so (nor of checking with an accountant) befor
Mar 2, 2006, 12:16 am - Uff Da! - Lottery Discussion Forum

Legal Qs for expertsReply
Boka: WElcome aboard.......sounds like you need legal HELP!!!!!!!!!!!!!!!!! CONGRATS welcome to the US.................................AMERICA$$$$$ Collect money for 5 years (sell winning contract) to a futures FUND!! Then get out ot town as fast as you can with a SWISS bank acount. LOL$$$$$$$$$$$$ PSYKOMO
Feb 22, 2006, 11:53 pm - psykomo - Lottery Discussion Forum

New Oklahoma Lottery Director Welcomes ChallengeNews Story
Jim Scroggins possessed almost every attribute state lottery commissioners were seeking.He had headed two other state lotteries, was articulate, and is regarded throughout the industry as an innovator whose openness to new ideas had paid huge dividends.It was an unexpected intangible, however, that pushed Scroggins over the top as the man to launch Oklahoma's lottery. He's a heartland guy, Lottery Commission Chairman Jim Orbison said.Raised in a southern Illinois farm town, Scroggins has spent
May 16, 2005, 11:03 am - Todd - Lottery News

Maine Gov. moves forward on controversial lottery planNews Story
As Republican lawmakers pressed for more details Monday, the Baldacci administration was fast-tracking its plan to sell off Maine's lottery revenue stream in order to help balance the state's two-year, $5.7 billion budget. Part of the state's efforts involve officials looking for outside help in pricing and structuring the lottery deal.Rebecca Wyke, the governor's chief finance officer, and Dan A. Gwadosky, executive director of the Maine State Lottery, told members of the Appropriations Committ
Mar 1, 2005, 2:39 pm - Todd - Lottery News

Indiana gets new gaming and lottery chiefsNews Story
A Clay County judge who presided over the high-profile murder trial of nurse Orville Lynn Majors will become Indiana's next gambling regulator and the point person in a state review of Donald Trump's plans for the French Lick casino.Gov. Mitch Daniels on Thursday appointed Ernest E. Yelton, who spent 25 years on the Clay Circuit Court bench, as executive director of the Indiana Gaming Commission. One of Yelton's first tasks will be to review the commission's split decision in July to award the s
Jan 14, 2005, 11:36 am - Todd - Lottery News