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Traditional Lottery
Rhode Island Department of Revenue Lottery Division For the Fiscal Year Ended June 30, 2017 Prepared by the Finance Department 1425 Pontiac Avenue, Cranston, RI 02920 | Tel. (401) 463-6500 Fax (401) 463-5669 TTY Relay via 711 Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2017 T A B L E O F C O N T E N T S Introductory Section Letter of Transmittal ..................................................................................................................................... 1 Certificate of Achievement for Excellence in Financial Reporting ............................................................ 14 Organizational Chart ................................................................................................................................... 15 Principal Officials ....................................................................................................................................... 16 Financial Section Independent Auditor’s Report ..................................................................................................................... 17 Management’s Discussion and Analysis ..................................................................................................... 20 Basic Financial Statements Statement of Net Position .............................................................................................................. 30 Statement of Revenue, Expenses, and Changes in Net Position .................................................... 31 Statement -
January 30, 2018 Katy Savage NHVT News [email protected] Re
THOMAS J. DONOVAN, JR. TEL: (802) 828-3171 ATTORNEY GENERAL FAX: (802) 828-3187 TTY: (802) 828-3665 JOSHUA R. DIAMOND DEPUTY ATTORNEY GENERAL http://www.ago.vermont.gov WILLIAM E. GRIFFIN CHIEF ASST. ATTORNEY GENERAL STATE OF VERMONT OFFICE OF THE ATTORNEY GENERAL 109 STATE STREET MONTPELIER, VT 05609-1001 January 30, 2018 Katy Savage NHVT News [email protected] Re: Public Records Request Dear Ms. Savage: I write to further respond to your public records act request dated January 16, 2018. Attached please find approximately 270 pages in response to your request. This production does not include at least one matter in which the State of Vermont/ Lottery Commission was a plaintiff in a lawsuit seeking return of property (including lottery tickets) following the closure of a business. Retrieval of the complaint in that matter will require additional time as the file is with the Secretary of State’s Office. If you would like the complaint in that matter, please let us know and we will follow up with the State Records Center. Personal contact and medical information has been redacted pursuant to 1 V.S.A. § 317(c)(7). If you feel information has been withheld in error, you may appeal to the Deputy Attorney General, Joshua Diamond. Thank you. Sincerely, _/s/ Sarah E.B. London___ Sarah London Assistant Attorney General VT Courts Online Page 1 of 3 Current Case Docket Information Court record: 44792 Vermont Superior Court Washington Civil Division _______________________________________________________________________________ | | | Docket No. 575-9-02 Wncv Vermont Lottery Commission vs. Knapp et | |______________________________________________________________________________| Case Type: Last judge: Mary Miles Teachout Case Track: Not set Recused: None Case Status: Disposed Court/Jury: Court trial Next Hearing: ================================================================================ PARTIES No. -
For Immediate Release April 2, 2020 Contact: Anna Domoto 515-453-1401 [email protected]
For Immediate Release April 2, 2020 Contact: Anna Domoto 515-453-1401 [email protected] Update – Game sales and interest rates to determine advertised Powerball jackpot Guaranteed starting jackpot amounts & minimum jackpot increases to be eliminated URBANDALE, Iowa – The Powerball Product Group today announced its decision to determine Powerball’s advertised jackpot based on game sales and interest rates. Following the April 8 drawing, guaranteed starting jackpot amounts and minimum jackpot increases will be eliminated, and future jackpot increases will be determined and announced by the Product Group prior to each drawing. Previously, Powerball® jackpots started at $40 million (annuity) and increased by a minimum of $10 million (annuity) between drawings. “These changes are necessary to ensure that ticket sales can support the Powerball jackpot and other lower-tier cash prizes,” said Gregg Mineo, Powerball Product Group Chairman and Maine Lottery Director. “Our number one priority is making sure that the Powerball game can continue to assist lotteries in raising proceeds for their beneficiaries.” The Powerball Product Group announced plans last week to reduce the starting jackpot to $20 million (annuity) and minimum jackpot increases to $2 million (annuity) between drawings. Those changes were scheduled to go into effect after the current jackpot was won. However, due to the evolving COVID-19 pandemic, the Powerball Product Group revisited the topic and decided Powerball’s advertised jackpot should be determined by game sales and interest rates effective following the drawing next Wednesday. “Since last week, more states and cities have asked their residents to stay at home, which has affected normal consumer behaviors and Powerball game sales,” said Mineo. -
Powerball Fact Sheet
Powerball® GENERAL INFORMATION The Powerball® game was created by the Multi-State Lotto Association (MUSL) and was designed after players said they wanted a chance at big jackpots, but also a chance to win significant smaller prizes. The game has seen continued growth since it started in its original form as Lotto America 7/40, which began sales on February 10, 1988. Powerball began sales on April 19, 1992, with the first drawing on April 22, 1992. There are currently 33 membership lotteries that form MUSL and offer Powerball to their players. They are the Arizona Lottery, Arkansas Scholarship Lottery, Colorado Lottery, Connecticut Lottery Corporation, D.C. Lottery & Charitable Games Control Board, Delaware State Lottery, Florida Lottery, Idaho Lottery, Indiana (Hoosier) Lottery, Iowa Lottery Authority, Kansas Lottery, Kentucky Lottery Corporation, Louisiana lottery Corporation, Maine State Lottery, Minnesota State Lottery, Missouri Lottery, Montana Lottery, Nebraska Lottery, New Hampshire Lottery Commission, New Mexico Lottery Authority, North Carolina Education Lottery, North Dakota Lottery, Oklahoma Lottery Commission, Oregon Lottery, Pennsylvania Lottery, Rhode Island Lottery, South Carolina Education Lottery, South Dakota Lottery, Tennessee Education Lottery Corporation, Virgin Islands Lottery, Vermont Lottery, West Virginia Lottery, and the Wisconsin Lottery. The newest MUSL member, the Arkansas Scholarship Lottery, began sales on October 31, 2009. All profits from the games are kept by the state that sells the ticket. The association conducts drawings, performs central game administration (including game development and research), and manages central accounting and the purchase of government securities to fund annuitized prizes. TOP 25 POWERBALL JACKPOTS Prize Amount Draw Date Tickets Sold Winners 1. -
Public Gaming Magazine July/August 2020
COVID-19 AND THE LOTTERY INDUSTRY FROM LOTTERIES TO VENDORS, PANDEMIC PROVIDES CHALLENGES, OPPORTUNITIES By Jim Acton Lottery Industry Consultant INTRODUCTION As the lottery representatives who attended the PGRI n What will be the revenue expectations for the new Lottery Expo in Miami parted ways in early March, no one fi scal year and beyond? could have imagined it would their last in-person meeting The passage of time will provide context to all these for many, many months. By mid-March, many of us had issues. While many lotteries saw little revenue impact retreated to the safety of our homes; handshakes and (and many, in fact, have enjoyed sales boosts as the hugs were replaced with Zoom meetings. lottery provided the only available source of entertain- With the nationwide spread of COVID-19 and the ongoing ment), others were hit hard and the pain will continue. stay-at-home/safe-at-home orders given by many Gov- Some lotteries had to make the diffi cult decision to lay ernors, life was turned upside down across the country. off employees. The fortunate amongst us were only dealing with barking As the lottery industry slowly returns to normalcy, it's dogs during video conferences. So many others have helpful to look back over the past few months, review been either battling the COVID-19 virus themselves or what has taken place in the industry, and discuss worrying about friends and loved ones. where the events surrounding the COVID-19 pandemic For those in the lottery industry, the concerns were multi- have left us. -
Rhode Island Lottery Product Offerings
Rhode Island Lottery An Enterprise Fund of the State of Rhode Island and Providence Plantations Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2011 Prepared by the Finance Department Rhode Island Lottery Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2011 T A B L E O F C O N T E N T S Introductory Section Letter of Transmittal ....................................................................................................................... 1 Certificate of Achievement for Excellence in Financial Reporting .............................................. 12 Organizational Chart ..................................................................................................................... 13 Principal Officials ......................................................................................................................... 14 Financial Section Independent Auditor’s Report ....................................................................................................... 15 Management’s Discussion and Analysis ....................................................................................... 17 Basic Financial Statements Statement of Net Assets .................................................................................................... 26 Statement of Revenue, Expenses, and Changes in Net Assets ......................................... 27 Statement of Cash Flows .................................................................................................. -
Rhode Island Lottery an Enterprise Fund of the State of Rhode Island and Providence Plantations
Rhode Island Lottery An Enterprise Fund of the State of Rhode Island and Providence Plantations Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2007 Prepared by the Finance Department Rhode Island Lottery Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2007 T A B L E O F C O N T E N T S Introductory Section Letter of Transmittal ........................................................................................................................1 Certificate of Achievement for Excellence in Financial Reporting...............................................13 Organizational Chart......................................................................................................................14 Principal Officials ..........................................................................................................................15 Financial Section Independent Auditor’s Report........................................................................................................16 Management’s Discussion and Analysis .......................................................................................18 Basic Financial Statements Statement of Net Assets.....................................................................................................25 Statement of Revenue, Expenses, and Changes in Net Assets ..........................................26 Statement of Cash Flows ...................................................................................................27 -
Video Lottery Terminals (Vlts) Went On-Line at the State’S Two Pari- Mutuel Facilities
Rhode Island Department of Revenue Lottery Division Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2015 Prepared by the Finance Department 1425 Pontiac Avenue, Cranston, RI 02920 | Tel. (401) 463-6500 Fax (401) 463-5669 TTY Relay via 711 Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2015 T A B L E O F C O N T E N T S Introductory Section Letter of Transmittal ................................................................................................................................... 1 Certificate of Achievement for Excellence in Financial Reporting .......................................................... 13 Organizational Chart ................................................................................................................................. 14 Principal Officials ..................................................................................................................................... 15 Financial Section Independent Auditor’s Report ................................................................................................................... 16 Management’s Discussion and Analysis ................................................................................................... 19 Basic Financial Statements Statement of Net Position ............................................................................................................... 29 Statement of Revenue, Expenses, and Changes in Net Position ...................................................... -
Video Lottery Terminals (Vlts) Went On-Line at the State’S Two Pari- Mutuel Facilities
Rhode Island Department of Revenue Lottery Division Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2016 Prepared by the Finance Department 1425 Pontiac Avenue, Cranston, RI 02920 | Tel. (401) 463-6500 Fax (401) 463-5669 TTY Relay via 711 Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2016 T A B L E O F C O N T E N T S Introductory Section Letter of Transmittal ................................................................................................................................... 1 Certificate of Achievement for Excellence in Financial Reporting .......................................................... 13 Organizational Chart ................................................................................................................................. 14 Principal Officials ..................................................................................................................................... 15 Financial Section Independent Auditor’s Report ................................................................................................................... 16 Management’s Discussion and Analysis ................................................................................................... 19 Basic Financial Statements Statement of Net Position ............................................................................................................... 30 Statement of Revenue, Expenses, and Changes in Net Position ...................................................... -
State of the States 2020 the AGA Survey of the Commercial Casino Industry a Message from the American Gaming Association
State of the States 2020 The AGA Survey of the Commercial Casino Industry A Message from the American Gaming Association June 2020 Dear Gaming Industry Colleague: gaming. Sports betting was being legalized at an unprecedented pace, with 20 states and the District of I am pleased to present State of the States 2020: Columbia having passed legislation allowing consumers The AGA Survey of the Commercial Casino Industry, to bet on sports with legal, regulated operators. the American Gaming Association’s (AGA) signature research report and the definitive economic analysis The AGA continues its important work as your of U.S. commercial gaming in 2019. advocate. Here in Washington, DC, we continue to cultivate Congressional champions from gaming 2019 marked another record-setting year for the communities and strengthen our voice on Capitol commercial gaming segment. Helped in part by the Hill. In states across the country, we are working with expansion of legal sports betting, the commercial industry leaders and regulators to give operators and casino sector logged its fifth consecutive year of suppliers more flexibility in running their businesses gaming revenue growth in 2019—surging 3.7 percent and evolve regulation to meet the demands of our to $43.6 billion, a new historic high. 21st century hospitality industry. At the end of 2019, Americans never had a higher On a personal note, it has been a privilege to get to opinion of our industry and nearly half said they know many of you during my first year as the AGA’s planned to visit a casino over the next year. -
05-3-13 RI Lottery 2012 Annual Report
RHODE ISLAND LOTTERY Notes to Financial Statements (11) Deferred Compensation Employees of the Lottery may participate in a deferred compensation plan offered by the State. Required disclosures are reported in the State's CAFR. (12) Commitments (a) Gaming Systems Provider - GTECH (an indirect wholly-owned subsidiary of Lottomatica Group S.pA.) During May 2003, the Lottery entered into a 20-year master contract with its gaming systems provider granting them the right to be the exclusive provider of information technology hardware, software, and related services for all lottery games. This contract is effective from July 1, 2003 through June 30,2023, and amends all previousagreementsbetween the parties. As consideration for this exclusive right, the gaming systems provider paid the Lottery $12.5 million. In the event that the contract term is not fulfilled, the Lottery will be obligated to refund a pro-rata share ofthis amountto the gaming systems provider. Additionally, GTECH was obligated to invest $100 million in connection with the construction of a new corporate headquarters and expansion of its manufacturing operations in the State. The gaming system contractor is also required to employ no less than 1,000 full time active employees during the term ofthe agreement. The contract mandates commission percentages as detailed in the following chart. Commission Percentages On-Line and Instant Tickets Total Lottery Sales in the Year Percent Thereof $0 - $275 Million 5.00% Over $275 Million - $400 Million 1.00% Over $400 Million 5.00% Video Lottery Central System Total Net Terminal Income for the Year Percent Thereof $0 - $500 Million 2.50% Over $500 Million - $1 Billion 1.00% Over$l Billion 2.50% The Lottery also leases to the vendor a portion of its headquarters to house the computer hardware and office space necessary for the operation ofthe Lottery's games. -
TRI-STATE LOTTO COMMISSION Commission Meeting Minutes New Hampshire Lottery Headquarters – Concord, NH April 10, 2020
TRI-STATE LOTTO COMMISSION Commission Meeting Minutes New Hampshire Lottery Headquarters – Concord, NH April 10, 2020 PRESENT: New Hampshire: Debra Douglas, Chairman; Charlie McIntyre, Executive Director; Maura McCann, Kelley-Jaye Cleland, Jim Duris, Katie Brown, Lynda Plante, and Carmela Nolin Maine: Julie Sheehan, Commissioner; Gregg Mineo, Director; and Lisa Rodrigue Vermont: Ed Flanagan, Commissioner; Gary Kessler, Deputy Commissioner; Brian Evans; and Sylvia Buzzell Guests: Darrell Frecker and Calvin Rinck of Scientific Games; Taylor Yianakopolos GYK Antler; Michelle Paul, Ryan Sahr, Cara Salvatore, Jeff Savage, and Kristen Paré of Intralot; Steve Mason and Alexis Garrison of FuseIdeas; Jeffrey Schweig, Karen Harris, and Ben Nicolls of Alchemy3. Chairman Douglas called the meeting to order at 10:10 a.m. The meeting was televised by Webex. 1. ACCEPTANCE OF MINUTES FROM FEBRUARY 14, 2020 Motion was made by Commissioner Sheehan, seconded by Commissioner Flanagan to accept the February 14, 2020 meeting minutes as submitted. So voted, unanimous. 2. FINANCE COMMITTEE A. Financial Report • Finance Chair pro tem Sylvia Buzzell reported on February financials. Gross revenues for the month were higher than forecast by $2.74 million, with the increase due to Gimme 5 (higher by $141 thousand), Daily Numbers (up $534 thousand), and Fast Play (up $3.73 million). Megabucks sales were down $1.67 million. Cost of sales were higher than forecast by $2.7 million, and operating expenses were lower $1.56 million; advertising expenses were lower by $1.3 million. Net profit through February was higher than forecast $1.62 million. • When compared to February last year, sales were up $3.46 million, Megabucks were lower $2.11 million, but Fast Play was higher $4.65 million.