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Kentucky Lottery Drops Keno Plan
The Kentucky Lottery Corp. has shelved its plan to start fast-paced keno gambling after the game was criticized by Gov.-elect Ernie Fletcher, lottery President Arch Gleason said yesterday.Gleason told legislators that he and lottery board Chairman Bill Covington agreed that implementing the game wasn't feasible after Fletcher issued a strongly worded statement on Friday opposing its introduction. It's pretty clear to me there's not the public policy support for us doing the game, Gleason told r
Nov 25, 2003, 4:27 am - Todd - Lottery News

Workers get 10% bonus if lottery launches on time
Tennessee lottery workers can earn as much as 10% of their salary in incentive bonuses about $18,000 for the highest-paid executives if tickets for the scratch-off games and the games played by picking numbers are on sale by their deadlines.The incentive package for the lottery start-up was recommended by Tennessee Education Lottery CEO Rebecca Paul and approved by the lottery board yesterday.Gov. Phil Bredesen said the bonus level was not unreasonable and was considerably more conservative than
Nov 25, 2003, 4:22 am - Todd - Lottery News

Lottery fund may face changes
Two powerful Colorado legislators said they will push for changes in the state's management of the Conservation Trust Fund, a $43 million pot of lottery profits that is supposed to pay for parks and recreation.Meanwhile, the state auditor said Tuesday that she is moving forward with an audit of the fund. The auditor, Joanne Hill, may propose additional changes as early as January.Stories in The Denver Post on Nov. 9 and 10 outlined how the two chief pools of lottery profits that voters said must
Nov 19, 2003, 4:42 am - Todd - Lottery News

S.C. makes bid to help Tenn. lottery
The South Carolina lottery, much like its neighbor in Georgia, has pitched the idea of helping out with the Tennessee lottery startup.Tennessee Education Lottery Corporation (TELC) President Rebecca Paul was lured away from the successful Georgia Lottery Corporation in early September. The week before, the upstart lottery board here voted against the notion of a partnership with Paul and Georgia.South Carolina lottery officials were openly critical of the potential Georgia-Tennessee partnership
Nov 5, 2003, 5:31 am - Todd - Lottery News

Big lottery vendor dogged by controversy
GTECH expected to bid for online games in TennesseeScandal and suspicion have marked GTECH's 22 years in the lottery business. But so has spectacular success.The company, which is expected to bid on the Tennessee lottery's online games contract, helps run lotteries in 26 states and 42 other countries. Its revenues exceed $1 billion a year, spokesman Bob Vincent said.But GTECH, which is based in West Greenwich, R.I., also has run into trouble, especially in the 1990s. In Georgia, where Tennessee
Oct 20, 2003, 7:59 am - Todd - Lottery News

Lottery board ups goals
Profit expectations for Tennessee's new lottery director Rebecca Paul increased Tuesday by roughly $6 million following a vote by the state's lottery board.The Tennessee Education Lottery Corporation (TELC) board, due to Paul's starting one week earlier than planned, increased the amount of net proceeds the lottery must garner if Paul is to receive the whole of her $400,000 incentive package. A former goal described by Paul as Herculean -- of $122 million by June 30, the end of the fiscal year
Sep 24, 2003, 4:05 am - Todd - Lottery News

Illinois Rep. Boland Wants to Add Keno
The stakes are high for state Rep. Mike Boland, D-Moline: $130 million.That's his estimate of what the state of Illinois could rake in annually if Club Keno were added to the lottery mix. Also known as Quick Draw Lotto, it is similar to a standard Lotto game with one big advantage: instead of one to five drawings per week, Keno numbers usually are drawn every five minutes.Players would know right away whether the numbers they picked matched those randomly selected by a computer. The game would e
Aug 29, 2003, 12:19 pm - Todd - Lottery News

S.C. lotto questions deal with Georgia
Top officials in South Carolina said Tuesday savings projections acquired by Tennessee lottery board members regarding a potential partnership with the successful Georgia lottery are likely inaccurate.They also detailed other concerns they had about partnering with Georgia before they rejected such an alliance.The Tennessee Education Lottery Corporation (TELC) is poised to make a decision next week on whether to team with Georgias lottery to possibly maximize spending power and curb start up cos
Aug 27, 2003, 3:21 am - Todd - Lottery News

Lottery deal with Georgia best bet, expert says
Tennessee's lottery could reap as much as an extra $249 million over a seven-year period by joining forces with Georgia, according to a consultant hired by the state lottery board.The additional proceeds would stem from Tennessee's starting its lottery Dec. 2 about three months earlier than without Georgia's help and leveraging Georgia's attractive rates with two major gaming vendors, consultant Gerry Wexelbaum told the board yesterday. It appears that a joint venture with Georgia would be the m
Aug 19, 2003, 3:27 am - Todd - Lottery News

Georgia proposes deal with new Tennessee lottery
NASHVILLE, -- Tennessee could launch its new lottery up to four months earlier than planned if it partners with Georgia and its vendor contract, Georgia Lottery director Rebecca Paul said Monday.Paul pitched the unique idea of a ``long-term strategic alliance'' to the Tennessee Education Lottery Corporation board at its second meeting, telling members the states' identical lottery statutes ``open doors for us to do many things jointly to reduce overhead in both jurisdictions.''Tennessee's lotter
Jul 29, 2003, 3:28 am - Todd - Lottery News