"With the support of our players and retailers, the Florida Lottery is able to go above and beyond in fulfilling its mission of maximizing revenues to education in Florida," said Florida Lottery Secretary Tom Delacenserie. "Our players should feel good knowing that each time they play the Florida Lottery, it's a win for education; these record sales translate into millions of additional dollars for Florida's students and schools."
The Iowa Lottery’s top management is shooting to make $70 million for the state treasury every year. “Powerball” and “Hot Lotto” ticket sales grab the headlines, but sales of scratch tickets are the steady, consistent money-maker for the Iowa Lottery. Terry Rich, Iowa Lottery's CEO, said that’s why the Iowa Lottery “refreshes” its scratch ticket line-up more than 40 times a year. “These are all basic, block-and-tackle, year-in-year-out business practices we do to make that $70 million base,” Rich told the governor and his staff this week during a budget hearing at the statehouse.
Nichol Evans, 30, won $60,000 playing the Lottery’s Queen of Diamonds online game. The Lottery is celebrating by offering five free Queen of Diamonds games to all new online players who use the promo code QUEEN when they sign up for a new account. T
Mr. Antonios Kerastaris,, INTRALOT Group CEO stated: “Partnering with AMELCO is a milestone development for the evolution of INTRALOT’s sports-betting offering and our capability to enhance our leading position in a fast growing sports betting market around the world, across all channels. We see in AMELCO the right partner towards this goal.”
Commenting on the 3Q 2016 Results INTRALOT Group CEO Antonios Kerastaris noted: “INTRALOT Q3 was marked by aggressive organic revenue growth, as a result of the company strategy for launching new products and services and reaping fruits of new projects. Recent milestone developments of a successful early refinancing of a €250m bond in September with significantly better terms that lead to cumulative savings of up to €65m savings in debt-servicing costs and extension of maturities to 2021 combined with the collection of USD 68.7m in cash from the disposal of 80% of our operation in Peru have drastically improved our financial position and capacity to meet our targets of significantly reduced net debt and improved cash position by the end of 2016.”
Special guest speakers includedIGT Senior Vice President Scott Gunn and California State Assembly Speaker Anthony Rendon. “IGT is providing students with access to a powerful combination of educational resources and cutting-edge technology, opening doors to a vast range of opportunities and a promising future,” IGT Senior Vice President, Global Government Relations and North America Lottery Business Development Scott Gunn said.
“What a great day for Tennessee!” said Rebecca Hargrove, President and CEO of the Tennessee Education Lottery. “We couldn’t be happier for this wonderful group of friends. The excitement from winning experiences like these is a key part of our success raising funds for education programs in Tennessee.”
While the Lottery is a "cash-dependent business," new technology has advanced credit card purchases from clunky carbon-copy machines of decades ago to modern smartphone apps that allow people to pay by phone.