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Some States Consider Leasing Their LotteriesNews Story
As chief operating officer of the California Department of Finance, Fred Klass gets pitches from Wall Street bankers as often as the rest of us might get cold calls from telemarketers or insurance agents. But when Kathleen Brown of Goldman Sachs came to his office earlier this year and suggested privatizing the state lottery, Mr. Klass listened closely. It wasn't merely because Ms. Brown happened to be a former state treasurer as well as the daughter of one famous California governor and the
Oct 16, 2007, 10:05 am - Lottery News

TENNESSEE LOTTERY MAY BE FORCED BACK TO REAL DRAWINGSNews Story
Updated Oct. 9, 2007, 12:58 am Lawmaker eyes legislation to get rid of computer draws 'The integrity of our lottery drawings has been compromised in the minds of lottery players.' One Tennessee state legislator could step into the latest Tennessee Lottery controversy, and solve it with one stroke of the pen. House Minority Leader Jason Mumpower is looking to introduce legislation that would rid the lottery of computerized drawings. He wants the drawings back to how they were, befo
Oct 9, 2007, 12:49 am - Lottery News

FLASH: Tennessee Lottery audit won't investigate drawing errorsNews Story
Out-of-control situation gets worse Legislators shocked to learn investigation won't study why errors occurred The Tennessee Lottery hired an outside auditor after a computer issue affected the Cash 3 and Cash 4 games in August, but the auditor will not examine why the system failed. Lottery officials previously said KPMG would be paid about $90,000 to look into the problem that kept repeat numbers from being drawn for those games for more than three weeks in August. But a letter ob
Oct 3, 2007, 12:02 pm - Lottery News

Okla. Lottery Commission struggles to meet its 35% profit requirementNews Story
As a result of the finance and audit committee's dreary budget forecasts for fiscal year 2008, the Oklahoma Lottery Commission is planning to trim costs and attempt to get a key statutory requirement of the commission eliminated. The board plans to try to amend out a requirement that the Lottery Commission post a 35-percent profit in their third year of operations. The board said they are doing all they can to trim operating costs without cutting current staff and advertising expenditures,
Sep 19, 2007, 4:34 pm - Lottery News

Arkansas Lt. Gov. proposes state lottery in '08News Story
On Tuesday, Arkansas Lieutenant Governor Bill Halter said he hopes to have a state lottery on the ballot by 2008. That gives Arkansas voters the opportunity to decide for themselves whether or not the state should have a lottery, with all of the proceeds going to scholarship assistance to Arkansas students, said Halter. Currently Arkansas is only one of eight states across the nation without a state lottery in place. Neighboring Mississippi and Alabama are among others. But state
Sep 19, 2007, 3:02 pm - Lottery News

Opponents of lottery say 'I told you so'News Story
A database consultant alleges the N.C. Lottery didn't deliver the money promised By Frank Koconis The N.C. Education Lottery has been in operation for barely a year, and so far the state has seen little benefit from it. The promised boost in education funding is much smaller than expected, and for certain programs, nonexistent. Even worse, some of the ominous predictions of those who originally opposed the lottery appear to be coming true. The lottery simply isn't bringing in nearly as
Sep 19, 2007, 1:35 pm - Lottery News

Congressman leads charge to regulate USA online gamblingNews Story
Support for Congressman Frank's bid to regulate online gambling in the USA grows July has been a good month for Congressman Barney Frank, Chairman of the influential House Financial Services Committee and author of Bill HR 2046 the Internet Gambling Regulation and Enforcement Act which proposes the regulation and taxation of Internet gambling in the United States instead of banning the pastime. Five more Congressman have signed on to the Bill as sponsors, including Representatives Anthony
Jul 23, 2007, 8:52 pm - Lottery News

Calif. Lottery fails to meet Mega Millions deadlineNews Story
The Democrat-controlled California legislature, which has taken an adversarial role against the California Lottery for the past several years, has not met its obligation to change state law by a court-ordered deadline, aimed at ensuring participation in multi-state lotto is fair to education, lottery officials said Wednesday. The lottery bill making the needed change extension of California's prize-claim period to match 11 other Mega Millions states remained stalled on the eve of Friday's
Jul 12, 2007, 1:12 pm - Lottery News

NJ Lottery to enforce child support withholdings from winnersNews Story
Law already on the books, now legislature insists on its enforcement New Jersey moved closer Thursday to collecting its due from lottery winners who owe the state money. A measure approved unanimously by the Assembly would require lottery officials to deduct outstanding debt before awarding prize money. The proposal would affect anyone who wins more than $600 and owes the state money. State officials estimate that the new requirement would raise $800,000 to $1 million a year. The
Jun 22, 2007, 12:45 pm - Lottery News

N.C. Lottery foe confident that lottery will be ruled an illegal taxNews Story
By Steve Ford, News Observer Bob Orr has an agreeably youthful look about him, and not just because he's four days younger than I (a trivia item once called to his attention). Maybe it's only my imagination, but these days there seems to be even a hint of mischief in his smile as if he were a kid who had just poked a stick into an ant hill and was enjoying the confusion. If Orr prevails in his latest legal venture, lots of Raleigh's political ants will be running in tight circles.
May 29, 2007, 9:20 am - Lottery News