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Tenn. legislator no longer pursuing national lotteryNews Story
Idea had no support from House Democrat leaders U.S. Rep. Steve Cohen, D-Tenn., said Tuesday that he has abandoned the idea of sponsoring a bill to create a national lottery, saying it had little support from his party leaders, and would take money from the hands of Tennesseans. Cohen suggested just after his November election that he might pursue the idea after his lengthy and ultimately successful effort to get a Tennessee Lottery signed into law. But his first discussions with House Dem
Feb 7, 2007, 12:09 pm - Lottery News

Wyoming lottery bill killed once againNews Story
Casper resident Larry Griffith thought surely this was the year for Wyoming to finally join a multi-state lottery. Griffith has been buying Nebraska lottery tickets for years, and said Wyoming is losing big money to adjacent states. So Griffith was not happy when the state House on Monday voted 31-27 to kill yet another attempt to legalize a lottery in the state. I think it's pathetic, he said. After a half-dozen previous attempts to legalize lottery by the state Legislature, this
Feb 7, 2007, 11:09 am - Lottery News

Lottery foes try to restrict gambling, with little successNews Story
Some New York lawmakers want the state to tell lottery-ticket buyers how slim the odds are of winning, and raise the gambling age from 18 to 21 to try to discourage gambling sprees. But those who oppose change have a ready rejoinder: The state is, in effect, addicted to the billions in revenue that Lottery games generate. The status quo is likely to prevail. If you put in the ad 'The New York Lottery jackpot is now $10 million' and in the next graph say the odds of wining are 1 in 12 m
Jan 31, 2007, 12:51 am - Lottery News

Nationwide, lotteries pay for far more than educationNews Story
Martha Keller is a 78-year-old resident of Altoona, Pa., who frequently takes the bus from her apartment on Walnut Avenue to her doctor's office or the local senior center. Chandni Amin is a 19-year-old nursing student at Georgia State University in Atlanta. Keller and Amin have little in common save for one thing both are benefiting directly from money raised by state lotteries. Lotteries help pay for everything from education to economic development, buses to baseball stadiums. In Penn
Jan 31, 2007, 12:06 am - Lottery News

Michigan latest state to consider selling its lotteryNews Story
'Bad idea' continues its rampage through the USA Michigan has become the latest in a growing list of states to consider selling off its state lottery in a scheme to fix the state's budget problems. The move was being discussed at the Capitol as lawmakers and administrators look for ways to deal with an $800 million budget shortfall this year, and possibly even larger hole in the year ahead. Democrat Gov. Jennifer Granholm is expected to announce plans for dealing with the state's struct
Jan 27, 2007, 9:34 am - Lottery News

Antigua gets favorable WTO gambling ruling over U.S.News Story
The United States has suffered a new setback in a four-year-old legal battle with Antigua and Barbuda over U.S. restrictions on Internet gambling, a U.S. trade official said on Thursday. At issue is an April 2005 World Trade Organization ruling against U.S. prohibitions on online horse race betting. Since then, the U.S. Congress has passed additional legislation to ban certain financial transactions related to gambling over the Internet. Gretchen Hamel, a spokesman for the U.S. Trade Repre
Jan 27, 2007, 8:46 am - Lottery News

Despite strong opposition, Indiana moves ahead with selling lotteryNews Story
Indiana is considering a Wall Street investment firm to help it pull together a plan to lease the Hoosier Lottery, despite legislative skepticism that could kill the deal. Gov. Mitch Daniels said Friday the administration is negotiating a contract with Morgan Stanley to test the market. A similar contract with Goldman Sachs Co. to market the Indiana Toll Road last year was worth about $20 million. The Toll Road eventually was leased for 75 years for $3.8 billion, and the state has esti
Jan 23, 2007, 10:45 am - Lottery News

Illinois Is Putting Lottery on Block for Quick PayoffNews Story
The state of Illinois yesterday took the first steps in selling its state lottery system, hoping to attract as much as $10 billion from investors who, in return, would own a monopoly that could turn out to be the biggest jackpot yet. The sale, which may occur as early as the spring, would not be the first privatization of public property - both Chicago and Indiana have recently earned billions of dollars by signing long-term leases with private companies to run toll roads. But the proposed l
Jan 23, 2007, 8:11 am - Lottery News

Bill to outsource Indiana Lottery bans keno, video pokerNews Story
Many upset over Governor's plan to 'sell the Lottery' A bill that would allow Gov. Mitch Daniels to outsource the Hoosier Lottery would prohibit a private operator from offering keno, video lottery games, pari-mutuel wagering on horses or dogs and games based on winners of races or other sporting events. Sen. James Merritt, R-Indianapolis, filed the bill Thursday on behalf of the administration but said he was allowed to put his own principles in it and was not in favor of such gambling ex
Jan 19, 2007, 12:00 pm - Lottery News

N.J. is next state to consider bad election lottery ideaNews Story
By Charles Paolino Home News Tribune, New Jersey Who wants to be a millionaire? That's the question Assemblyman Patrick Diegnan wants to ask potential voters or, at least, that's one way to express the theme of a bill he's proposing in the state Legislature. Diegnan, a Democrat representing the 18th District, is one of two legislators suggesting that a lottery be held each year on Dec. 31 for a million-dollar prize to be awarded a registered voter who cast a ballot that year in a pri
Jan 15, 2007, 1:42 pm - Lottery News