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Arkansas Lottery

Wednesday, September 3, 2014

Wednesday, September 3, 2014 - 10:04:00

The Arkansas lottery: The taxman cometh in more ways than one

Arkansas lottery winners have paid more than $40 million in state and federal income taxes on big-ticket winnings since the lottery began in September 2009.

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Wednesday, June 25, 2014

Wednesday, June 25, 2014 - 15:57:00

The open line and an open question on the special session

An open line poses a lingering question for the special session: Can Oaklawn stop a lottery expansion? Plus, bad news for lottery performance and former Arkansas State Police Director John Bailey is named director of the Union Rescue Mission.

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Wednesday, April 16, 2014

Wednesday, April 16, 2014 - 18:10:00

Arkansas Lottery Commission embraces keno, monitor games

A day after the Arkansas Lottery Legislative Oversight Committee passed a motion against the lottery adding video monitor games, the Arkansas Lottery Commission today approved adding the games, which Lottery Director Bishop Woosley pitched as a way to reach to boost revenues for the flagging lottery. Who knows whether keno and such will turn around the lottery, but we do know that it'll mean more money for the lottery's largest vendor.

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Thursday, February 20, 2014

Thursday, February 20, 2014 - 07:33:00

Lottery sales continue decline

The state Lottery Commission heard another report on declining revenues yesterday and again lowered expectations on profits expected to put into lottery college scholarships. This was inevitable and the prospects for reversal of the trend are not bright.

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Friday, December 13, 2013

Friday, December 13, 2013 - 07:06:00

Former Arkansas lottery exec lands gig in New Mexico

I'm back at work after a long hiatus and a little unsure about everything that's been reported in my absence.

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Friday, July 12, 2013

Friday, July 12, 2013 - 15:24:00

Ex-lottery employee cashes $478 K in illicit winnings, loses it on lottery

Arkansas Lottery Director Bishop Woosley said during a Friday afternoon news conference

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Monday, June 24, 2013

Monday, June 24, 2013 - 20:12:00

Late news: Lottery Commission considers keno; school transfer lawsuit in court

A couple of stories worth noting: * THE VIDEO LOTTERY IS BACK: In the face of stagnant revenue, the Arkansas Lottery Commission is revisting the idea of whether it should allow video lottery games such as keno, which offer repeat, fast, all-day gambling action.

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Monday, March 18, 2013

Monday, March 18, 2013 - 16:41:00

Lottery director opposes spending mandate

Arkansas Lottery Director Bishop Woosley has issued a statement explaining his opposition to legislation that would require that 30 percent of lottery revenue be spent on college scholarships.

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Tuesday, February 19, 2013

Tuesday, February 19, 2013 - 10:22:44

Lottery math: Halter says the money is meeting projections, not demand

A small point on the article in the Democrat-Gazette this morning on the monthly Arkansas lottery revenue report.

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Monday, February 11, 2013

Monday, February 11, 2013 - 20:02:50

Paying for the lottery shortfall — smaller scholarships

27 House members and Sen. Johnny Key have filed a bill to trim lottery scholarships to cope with lagging revenues.

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Tuesday, December 18, 2012

Tuesday, December 18, 2012 - 13:17:06

Lottery scholarships recommended for big cut

The legislature's lottery oversight committee today recommended a sharp reduction, more than 25 percent, in lottery scholarships next year because of stagnant lottery revenues.

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Monday, December 10, 2012

Monday, December 10, 2012 - 17:22:14

Arkansas Lottery trumpets $300 million in scholarship money

But only about 20 percent of sales are going to scholarships, which makes the Arkansas Lottery one of the worst performing in the country.

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Tuesday, December 4, 2012

Tuesday, December 4, 2012 - 11:34:54

Scholarship program remains troubled

As of yesterday's Lottery Commission meeting, year-to-date revenues are back to where they were this time last year, but the scholarship program is still in trouble.

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Tuesday, October 16, 2012

Tuesday, October 16, 2012 - 06:24:00

Arkansas Lottery sales continue to decline

The monthly meeting of the Arkansas Lottery Commission gobbled up a lot of newsprint this morning but the essence was simple: Lottery sales continue their precipitous decline.

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Tuesday, September 18, 2012

Tuesday, September 18, 2012 - 14:52:00

UPDATE: Halter objects to reduction in lottery scholarships

Former Lt. Gov. Bill Halter, who drove the effort to institute a state lottery for college scholarships.

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Wednesday, September 12, 2012

Wednesday, September 12, 2012 - 06:50:40

Arkansas lottery matures; what now?

That didn't take long. Arkansas started selling lottery tickets in September 2009 and three years later we have solid evidence — in a 7 percent drop in sales the last two months, according to an article in the Democrat-Gazette (pay wall) — of the inevitable maturing of the lottery.

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Friday, August 24, 2012

Friday, August 24, 2012 - 16:37:57

Tossed $1 mil ticket lawsuit gets a trial date

A new trial in a lawsuit over a $1 million dollar scratch-off lottery ticket that wound up in the trash — only to be picked up by the woman who eventually claimed the money — has been set.

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Thursday, July 12, 2012

Thursday, July 12, 2012 - 09:15:38

Lottery profit smaller than it appears

Big headlines this morning for the news yesterday that the Arkansas Lottery finished the fiscal year June 30 $3.4 million ahead of last year.

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Monday, July 2, 2012

Monday, July 2, 2012 - 13:24:19

Lottery sales up by 2.2 percent in 2012

The Arkansas Lottery announced today that the fiscal year ended June 30 with total sales of $474.1 million for the year, about 2.2 percent, or $10 million, higher than sales the year before.

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Friday, June 29, 2012

Friday, June 29, 2012 - 14:38:11

Attorney general declines opinion on lottery contract

State Rep. Kim Hammer raised some interesting questions for Attorney General Dustin McDaniel in the form of an official opinion request.

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