“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.
Due to increased sales, the original jackpot estimated jackpot of $403 million soared to $420.9 million for drawing. This is the second largest overall prize for the Tennessee Lottery—the first was the $528.8 million Powerball prize won by a Munford family in January 2016, who split the $1.58 billion world-record jackpot with winners in two other states.
TRENTON (November 29, 2016) – New Jersey Lottery Executive Director Carole Hedinger is pleased to announce the NJ Lottery’s (NJ Lottery) receipt of the World Lottery Association’s prestigious "Best Innovation in Responsible Gaming Award."
New Jersey Lottery is Third in the Nation to Earn this Prestigious Certification. “I am extremely proud of the hard work the New Jersey Lottery has put into enhancing its Responsible Gaming Program in 2016 and in achieving the WLA’s Level 4 Certification,” New Jersey Lottery Executive Director Carole Hedinger said. “We have engaged all departments of the organization to ensure that the New Jersey Lottery promotes responsible play, the prevention of underage play, and the ease of access to information through our responsible play brochures and consistent advertising and marketing messaging that promote the Council on Compulsive Gambling of New Jersey (CCGNJ) and its 1-800-GAMBLER Helpline resource.”
Adverse market conditions in Germany are causing a number of licensed resellers to exit the market, transition to a secondary lottery market model, or wait until conditions improve. “After 2 years in the German market, it has become clear that market conditions are not favourable for a licensed reseller model. Whilst we strongly considered transitioning the business to a secondary lottery market model, it was decided that the Australian market holds more potential at this point in time”, said Mr Mike Veverka, CEO and Founder of Jumbo Interactive.
"Strong lottery performance across the world, a larger global installed base, and increased sales of gaming machines drove another quarter of solid revenue and profit expansion," said Marco Sala, CEO of IGT. "IGT's leadership positions in lottery and gaming machines were evident at the recent gaming and lottery trade shows. The engaging player experiences and technology solutions IGT creates are the cornerstones of our growth strategy, and we are encouraged by customer enthusiasm for our innovative new products."