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U.S. gaming industry hanging hopes on stimulus package
Hit hard by the coronavirus pandemic, the American gaming industry, including the expanding legal sports betting market, is optimistic the federal relief bill signed into law Friday by President Donald Trump will help its recovery. The $2 trillion CARES Act provides emergency liquidity, tax relief and additional support for small businesses, among other measures that could benefit the gaming industry. The funds will be allocated to states then apportioned to individual industries based on eco
Mar 31, 2020, 8:47 am - Lottery News

Missouri woman collects $3 million 18 years after first lottery win
A Missouri woman who collected a $50,000 lottery jackpot in 2002 returned to lottery headquarters 18 years later to claim a $3 million jackpot. Anne Kasal told Missouri Lottery officials she bought her Lotto ticket for the March 11 drawing at Schnucks Market at 5055 Arsenal St. in St. Louis. Her ticket matched all six numbers drawn: 11, 16, 23, 26, 31, and 38. I play all the games, Kasal said. I bought the same tickets as I always buy, and one happened to be lucky. Kasal, who has n
Mar 26, 2020, 10:26 am - Lottery News

Coronavirus has brought casino industry 'to a near standstill'
The Covid-19 coronavirus has effectively quarantined the nation's gaming industry. More than three dozen states with commercial casinos or Indian gaming facilities have taken actions to suspend casino operations, enacted limitations that led to a shutdown, or have seen gaming companies and tribal leaders independently close their properties. By late Tuesday, MGM Resorts International one of the nation's leading gaming companies will no longer have a casino property in operation in the U.S.
Mar 21, 2020, 11:01 am - Lottery News

Amazon held talks on bid to takeover the UK National Lottery
Amazon held talks about bidding to run the United Kingdom National Lottery, The Mail on Sunday revealed. The discussions fizzled out, but the US tech giant's interest raises the prospect of it entering Britain's gambling market at some stage. Amazon, owned by the world's richest man, Jeff Bezos, has more than 300 million active customer accounts. It may have seen the Lottery as a chance to take the competition online and widen its reach. City sources told The Mail that only prelimin
Mar 16, 2020, 10:59 am - Lottery News

Oregon Lottery will lose money on sports betting this year
Agency cites higher start-up costs, lower margins and less betting activity than it expected Oregon Lottery Director Barry Pack will present some unwelcome news at the Lottery Commission's monthly meeting on Feb. 28. Scoreboard, the agency's new mobile sports betting app, will lose money for the fiscal year that ends June 30. Lottery will have a loss of $5.3 [million] from the program for the first nine months of FY '20, Pack said in a memo prepared for that meeting. Prior to launching
Feb 25, 2020, 7:17 am - Lottery News

Pa. Lottery blames growth of skill games, lack of big jackpots for drop in profits
The growing proliferation of so-called skill games at Pennsylvania Lottery retailers are having an impact on the lottery's ability to generate revenue to pay for programs for senior citizens, a lottery official told state lawmakers on Tuesday. Lottery executive director Drew Svitko told lawmakers skill games could lead to a $200 million decline in scratch-off ticket sales this year. That is a bigger loss than the $115 million hit last year. Svitko attributed the higher projection to the ri
Feb 18, 2020, 7:06 pm - Lottery News

Two Alaska state lottery plans are about to be debated; here's how they'd work
Alaska is one of five U.S. states without a lottery. This year, Gov. Mike Dunleavy and House Majority Leader Steve Thompson, a Republican from Fairbanks, have each offered plans to change that. With Alaska state government projecting a $1.5 billion budget deficit, both men have said a lottery could be one step toward a broader fix. But both have proposed very different approaches. Thompson is suggesting a draw-style lottery that would raise between $8 million and $10 million a year for the
Feb 17, 2020, 8:50 am - Lottery News

Despite predictions, state lottery ticket sales have not been hurt by casinos
For years, Rajesh Keshar heard the concerns of his fellow owners of corner stores in Everett, Massachusetts, about what the Encore Boston Harbor casino might do to their lottery sales. They worried that some customers would shift their spending from scratch tickets and numbers games to slot machines and gaming tables. Everybody was talking bad about it, said Keshar, who runs Elm Street Market, about 2.5 miles from the massive casino, which opened in June. I was thinking positive. Because I k
Feb 3, 2020, 9:37 am - Lottery News

Texas Lottery to expand ticket sales at checkout lanes
Charlie Thomas, a home health care provider who also scrubs floors in the evening, says he buys lottery tickets every time I get a paycheck. Thomas, 55, has been playing the Texas Lottery for two decades. His fortune hunting takes a $30 bite out of his weekly pay, but he's won about $1,000 over the years. His most recent good fortune was a $100 win on a bingo lottery ticket. He was less lucky one day last month: The $2 scratch-off he bought at an East Austin convenience store came up empt
Jan 21, 2020, 9:36 am - Lottery News

Oregon man claims $8M lottery jackpot after accidentally putting winning ticket through the wash
Laundry day got very exciting for an Oregon man who accidentally washed his wallet, with a Megabucks ticket worth $8.4 million inside. Fortunately, it survived, even though two less-valuable tickets didn't. I washed my wallet and then realized I had lottery tickets in there, said Scott Moe of Portland, who won the prize. A couple of the tickets were destroyed, but not the jackpot ticket. Moe was piecing together his laundered lottery tickets right before bed, and after utilizing the lott
Jan 17, 2020, 8:23 pm - Lottery News