|
Lottery Industry Veteran Connie Laverty Joins GTECH as Senior Vice
President and Chief Marketing Officer
WEST GREENWICH, Rhode Island, USA (April
25, 2006) -- GTECH Holdings Corporation
(NYSE: GTK - News) today announced that Cornelia "Connie" Laverty has
joined GTECH as Senior Vice President and Chief Marketing Officer, reporting to
GTECH President and CEO W. Bruce Turner.
"Connie is a well-known and respected
senior executive with more than 30 years of continuous experience in the
lottery industry. She brings a knowledge base that is difficult to match,
having overseen and directed almost all aspects of operating a lottery,"
said GTECH President and CEO W. Bruce Turner. "Connie has an exceptional
track record within our industry and knows what customers are looking for in a
vendor. She is prepared to successfully direct GTECH's marketing solutions to
better serve our client base."
| Advertisement |
 |
As Senior Vice President and Chief
Marketing Officer of GTECH, Connie will help drive overall strategic direction
of the Company while providing strong leadership and direction to the marketing
function. She will be responsible for the review and enhancement of marketing
processes, measurements, and information systems that are necessary to operate
effectively and achieve business objectives. Connie will also identify market
trends and long-range market opportunities for product development, content
development, sales, and potential acquisitions.
For the past year, Connie served as Chief
Operating Officer for the Georgia Lottery
Corporation, overseeing the management of finance, administration,
operations, IT, sales and marketing, promotions, and new game planning and
development.
Prior to Connie's tenure with the Georgia
Lottery, she spent over 30 years with the New
York Lottery. Her final 14 years in New York were spent as Director of
Marketing & Sales, helping increase sales from $2.6 billion annually to
over $6.2 billion annually. She also served as Deputy Director of Operations
for the New York Lottery for five years, with various positions preceding that
role in operations, finance, television production, drawings direction, and
administration.
Connie received a B.A. in English and
Psychology from Empire State College in Albany, New York and an M.A. in English
and Psychology from State University of New York at Albany.
About GTECH GTECH is a
leading gaming technology and services company. With more than $1.3 billion in
annual revenues and 5,300 people in over 50 countries, GTECH provides
integrated technology, creative content, and business services to effectively
manage and grow today's evolving gaming markets. In targeted emerging
economies, GTECH also leverages its operational presence and infrastructure to
supply commercial transaction processing services. For more information about
the Company, please visit GTECH's website at http://www.gtech.com.
CONTACT: Robert K. Vincent, Public Affairs
GTECH Corporation, 401-392-7452.
SOURCE: GTECH Holdings Corporation
Record Powerball Jackpot Pushes Kentucky Lottery to Its Highest Sales
Quarter Ever Year-to-Date Sales and Net Income Ahead of Prior Year and Ahead
of Projections, on Course to Set New Records
LOUISVILLE, Kentucky, USA (April 24, 2006)
-- A record-breaking $365 million Powerball
jackpot in February pushed sales and net income for the
Kentucky Lottery Corporations (KLC)
third quarter, ending March 31, to $198.5 million and $56.2 million,
respectively. Those amounts set a new record quarter for the KLC. The previous
record quarter was in the second quarter of Fiscal Year 2004, when sales were
$197 million with a net income of $52.6 million.
This brought the year-to-date sales figure
to $564.2 million, which is $28.1 million more than anticipated and $40.6
million more than the same period last fiscal year. Net income for the first
nine months of FY 06 currently stands at $158.7 million, which is $24.9
million more than anticipated and $37.9 million more than the same period last
fiscal year.
For the year to date, Powerball sales are
$29.6 million more than the prior year and $28.4 million more than anticipated.
February was the second record Powerball jackpot achieved during FY 06. A
previous record Powerball jackpot of $340 million was reached in October 2005,
which pushed second quarter sales to $195.9 million.
The KLCs highest sales year was in
FY 04, when sales reached a record $725.2 million and net income totaled
$193.5 million. Its very likely well set a new sales record
this year, and we could set a new profit record as well, said KLC
President and CEO Arch Gleason. These results are remarkable
considering the start up of the Tennessee Lottery in 2004. Actual results for
the fiscal year will greatly depend on our sales and prize expenses for the
fourth quarter, but its a goal were all excited to
pursue.
SOURCE: Kentucky Lottery media
release.
MDI's World Poker Tour Now Offered in Europe Popularity
of poker and Poker-Themed Games Continues to Soar
ALPHARETTA,
Georgia, USA (April 20, 2006) -- The high-energy World Poker Tour instant
lottery game is available to lotteries throughout Europe including Scandinavia
now that MDI Entertainment, a wholly-owned
subsidiary of Scientific Games
Corporation (NASDAQ: SGMS), has expanded its agreement with World Poker
Tour to offer the exciting game outside the United States. MDI has held the
rights to World Poker Tour for North American lotteries since 2004.
"Poker and anything tied to poker are
immensely popular in Europe and customers there have expressed significant
interest in the game," said Steve Saferin, MDI president. "Many World
Poker Tour winners have been from Europe and one of the popular WPT tournament
stops is the Grand Prix de Paris at the Aviation Club de France. This is an
incredible revenue-generating opportunity for European lotteries."
The World Poker Tour instant game features
the patented play action of Texas Hold 'Em Poker, the most popular
version of poker played in homes, clubs and on televisions throughout the
United States. The highest-rated television show in the history of the Travel
Channel, World Poker Tour on Tuesday kicked off the 4th Annual WPT Championship
at the Bellagio Casino and Hotel in Las Vegas.
The championship started out with half of
the 600-plus competitors dueling it out for the estimated $3 million first
place prize. With the popularity of this prestigious event, the field needed to
be divided into 2 flights.
MDI
Entertainment has cornered the market in casino-style/poker game play with
World Poker Tour, World Series of Poker® and Celebrity Poker
Showdown. While games with similar play styles have surfaced within the
lottery industry, none hold the brand equity or popular appeal.
To date, more than $1.2 billion in MDI
poker-themed tickets have been printed and 27 U.S. state lotteries have offered
these games to their players at multiple price points. In addition to the three
poker-themed games, MDI has also developed a Lottery Hold Em Tutorial, a
new user-friendly website to explain the lottery poker games and enhance a
players experience. Four U.S. lotteries Massachusetts, Michigan,
Ohio and Tennessee currently offer a version of the interactive website
to the public.
The popularity of poker has
spread world-wide and we expect it to be around for a long time to
come, Saferin said. Everywhere around the globe, there are
poker games going on in some fashion. Its a positive opportunity for
lotteries outside the U.S. to have the ability to offer these games to their
players.
About Scientific
Games Scientific Games Corporation (www.scientificgames.com) is the
leading integrated supplier of instant tickets, systems and services to
lotteries, and the leading supplier of wagering systems and services to
pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in
Connecticut and the Netherlands, and is a leading supplier of prepaid phone
cards to telephone companies. MDI Entertainment, a wholly-owned subsidiary of
Scientific Games Corporation, is the worldwide leader in licensed lottery games
and promotions.
SOURCE: MDI Entertainment media
release. CONTACT: Jeff Schweig, Phone: 678-297-5212.
New Lottery Website Game Powered by Betware
Launched
Betware has powered the lotto game
run by the UKs new lottery called monday the Charities Lottery.
The partnership with the lottery was finalized early last month and the game
went live on Saturday 22nd April 2006.
REYKJAVIK, Iceland.(April 25, 2006) --
Betware has powered the
lotto game run by the UKs new lottery called monday the Charities
Lottery. The partnership with the lottery was finalized early last month and
the game went live on Saturday 22nd April 2006. The contract will see Betware
as the gaming services provider for Chariot (UK) plc, the company behind the
game.
The game, available on
www.playmonday.com is similar to a
regular Lotto game with players able to choose any six numbers between 1 and 49
on their tickets. The draw then selects six numbers randomly, just like Lotto,
but to significantly improve a players chance of winning, all six numbers
do not have to match exactly. If there is no clear winner, the jackpot is won
by the player (or players) whose numbers are closest to the six number draw. In
addition, monday will give unsuccessful players in the first draw a
second chance with a further draw with double the prize money.
| Advertisement
|
 |
We started collaborating with
Betware at the end of 2005 and everything is going very well. We are very
pleased with the game development and the promptness to deadlines. We hope to
develop more games with Betware in the near future, says Andrew
Williams, Marketing Director for Chariot (UK) plc.
The game will be run on the powerful
Betware Gaming Platform (BGP), a flexible and scalable solution which allows
for the addition of new games and services with its modular design.
Additionally, each service can be customized based on individual needs whilst
still keeping the same core for all suppliers. The BGP is
system independent, meaning that it can run on a variety of operating systems
and application server platforms, says Jonas Jonasson, Betwares
senior programmer in charge of developing the core system for Chariot.
Betware has partnered with Chariots
monday lottery to use Trusted Draw, developed by Szrek2Solutions, an
electronic draw and audit system to prevent fraud and generate the draw
outcomes for the game offered. Betware and Szrek2Solutions currently also
collaborate on the gaming system for the Danish Lottery,
Dansk Tipstjeneste.
About Betware (www.betware.com) Betware is a software
and services company that specializes in providing technical solutions to
gaming companies operating in fully regulated jurisdictions. Betware has a wide
product line, covering most sports betting, lottery, instant and casino games
offered on different channels such as the Internet, mobile and on-line retailer
systems. Betware's flexible application program interface (API) allows
independent third party gaming developers and operators to create their own
games on top of Betware's core services.
About Chariot (UK) plc. (www.chariotplc.com) Chariot (UK) plc
was founded in 2003 and is listed on AIM. Chariot will retail and market
lotteries on behalf of over 70 UK charities. Each weekly draw will feature five
charities, with different charities featured each week. Players will have the
opportunity to support between one and five each week. 30% of all ticket sales
will go to the charities selected by the player. Please click on the
following links for more news on Chariot (UK) plc.:
http://www.guardian.co.uk/lottery/story/0,,1757781,00.html?gusrc=rss http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=383601&in_page_id=1770 http://www.timesonline.co.uk/article/0,,2-2142450.html
About Szrek2Solutions
www.szrek.com Szrek2Solutions is a
private, international consultancy and product design firm specializing in
secure software systems solutions for the gaming industry. It offers products
such as Trusted Play and Trusted Draw, which can easily be
integrated into larger gaming platforms.
SOURCE: Betware media release. CONTACT:
Prerna Desai Account Manager, Tel: +354 580 4720, Fax: +354 580 4701, Mobile:
+354 825 4737, E-mail: peri@betware.com
A Lotto Legend Returns!
AUSTIN, Texas, USA (April 23, 2006) -
Starting today, Texas Lottery® players
will find the Lotto Texas® game they know and love has returned! Its
goodbye to the bonus ball, and hello to
picking a straight set of six numbers from a field of 54.
No more bonus ball,
said Acting Executive Director Anthony J. Sadberry. Along with the
play style thats a favorite among our players, the odds of winning the
jackpot are better, too.
Players win the jackpot by matching all
six numbers from a Lotto Texas drawing held every Wednesday and Saturday night.
The odds of winning the jackpot are 1 in 25.8 million. Other prizes for
matching the numbers drawn include: Matching 5 of 6 numbers estimated
$2,000 Matching 4 of 6 numbers estimated $50 Matching 3 of 6
numbers guaranteed $3
The overall odds of winning any prize are
1 in 71. All prizes are based on a pari-mutuel prize payout, except the
guaranteed $3 prize.
Returning to the old play
style distinguishes our Lotto Texas game from our other jackpot-driven
games, said Sadberry. Since the Lotto Texas game started in
1992, there have been nearly 500 jackpot tickets sold across the state and
nearly $4.9 billion paid out to our players.
For more information about the Texas
Lottery, please visit the official Texas Lottery Commission Web site at
http://www.txlottery.org
SOURCE: Texas Lottery Commission Press
Release. CONTACT: Media Relations, 512-344-5131.
New Tri-State Game Starts May 1st! Baseball Bucks - Add-A-Play
Game! Top Prize $250! Purchase A Tri-State Ticket then
.Add-A-Play!
NEW HAMPSHIRE, USA (April 20, 2006) --
Just in time to hit a home run with the lottery, a new game will go on sale May
1st. Baseball Bucks is the first Add-A-Play game to go on sale. To play
Baseball Bucks, you must first purchase a Tri-State game of Megabucks, Triple
Play, Pick 3 or Pick 4. Once you make that purchase (adding a play) players may
choose from 1 to 5 Baseball Bucks tickets. Each ticket will cost an additional
$1. With Baseball Bucks, just follow the game instructions to find out
immediately if you are a winner:
Determine YOUR SCORE by adding up the
individual scores from all nine (9) innings within a single game. IF YOUR SCORE
beats THEIR SCORE, win the Prize shown for that Game.
WIN UP TO TWO (2) TIMES ON THE SAME
TICKET! WIN UP TO $250 INSTANTLY
Baseball Bucks has a top prize of $250!
Players may win prizes from $1 up to $250 on a ticket. Add-A-Play tickets are
like instant scratch tickets, without the scratching. With Add-A-Play - find
out on the spot if you are a winner!
The game name and play format of the
Add-A-Play product will change throughout the year to keep them fresh. Be on
the lookout in the coming months for Black Jack, Lucky Roll and Holly Day
Bucks! All New Hampshire Lottery retailers will be selling these tickets and
all retailers will be able to validate and pay all prizes.
SOURCE: New Hampshire Lottery.
Scientific Games Completes Acquisition of Global Draw
Limited Deal Brings New Gaming Products, Bolsters European Position
NEW YORK, USA (April 20, 2006) --
Scientific Games Corporation (Nasdaq:
SGMS) announced today that it has completed the purchase of Global Draw Limited
and certain related companies. Global Draw is a leading United Kingdom supplier
of fixed odds betting terminals and systems, and interactive sports betting
systems. Scientific Games has paid approximately $183 million (subject to
adjustment), and it will pay an earn-out to the principal selling shareholder,
as well as contingent bonuses to certain members of the existing management
team, based on the financial performance of the business.
Revenues of Global Draw's U.K. gaming and
betting machine operations for the fiscal year ended March 31, 2006, on an
unaudited basis, exceed the 32 million pounds Sterling (or about $55 million)
reported for the fiscal year ended March 31, 2004, the most recent period for
which audited financial statements are publicly available. Global Draw is also
extending its central determination, fixed odds system into European video
lottery markets, a process Scientific Games plans to accelerate.
Scientific Games will finance the
acquisition through a combination of borrowings under its existing revolving
credit facility, which has been increased by $50 million, and $100 million of
new term loans bearing interest at Libor + 125bps. The Company expects the
acquisition to be accretive to earnings beginning in the second quarter of
2006.
"We're going to build on the work
Global Draw has already done as a leading U.K. and European gaming
business," said Lorne Weil, Chairman and CEO of Scientific Games.
"Global Draw strengthens our role in the worldwide sports betting and video
lottery business. We are all looking forward to working with the existing
management of Global Draw to execute our growth strategy."
Steve Frater, Managing Director of Global
Draw, hailed the combination of the two firms' technologies, expertise and
business relationships. "We plan to use all these resources to develop the
European VLT business, to further develop our position in the U.K. betting and
gaming market and to enter new markets. Scientific Games' confidence in our
management team and its strategy should assure our customers of both continuity
and powerful new resources at their disposal. And the performance-based bonus
plan gives management a strong incentive to remain committed to the success of
the business for the long term."
"I too look forward to adding the
capabilities and culture of Scientific Games to Global Draw," said
principal selling shareholder Walter Grubmuller. "This marriage will vastly
enhance our position in the evolving European markets and I look forward to
being a partner with Scientific Games."
About Global
Draw Global Draw is a leading supplier of fixed odds betting
terminals and systems, and interactive sports betting terminals and systems,
through which it manages over 50 million betting transactions per month. The
group supplies its products and services on the basis of profit participation
to customers who are licensed bookmaking operators in the U. K. The group also
operates terminals and betting systems in Austria and is in the process of
marketing its systems and products to other parts of Europe. The Global Draw
group develops and maintains all its systems, software, and games in-house. The
group is in the process of modifying and licensing its systems and terminals
for use as video lottery products in various European markets.
About Scientific
Games Scientific Games Corporation is the leading integrated
supplier of instant tickets, systems and services to lotteries, and the leading
supplier of wagering systems and services to pari-mutuel operators. It is also
a licensed pari-mutuel gaming operator in Connecticut and the Netherlands and
is a leading supplier of prepaid phone cards to telephone companies. Scientific
Games' customers are in the United States and more than 60 other countries. For
more information about Scientific Games, please visit our web site at
www.scientificgames.com.
SOURCE: Scientific Games Corporation media
release. Contact Investor Relations, Phone: 212-754-2233.
Pollard Banknote Signs Miami Vice in a Licensing Agreement with
Universal Studios Consumer Products Group
WINNIPEG, Canada (April 20, 2006) --
Pollard Banknote Limited Partnership
(Pollard Banknote) and Universal Studios Consumer Products Group
(Universal Studios) have entered into a three-year contract
allowing the company to design and manufacture instant tickets based on the
classic television series Miami Vice. The deal gives Pollard Banknote the
U.S. and Canadian licensing rights to create compelling lottery products
featuring this durable brand.
No television show better
captures the 1980s than Miami Vice, said Sina Aiello, Director,
Licensed Products. Were thrilled to be partnering with Universal
Studios in offering our North American clients this terrific licensing
opportunity. We expect the nostalgic edge, target demographics, and enduring
popularity of the brand to merge into an engaging instant ticket garnering
broad support.
Premiering in 1984 and running for five
seasons, the shows images and energy quickly captivated MTV-inspired
audiences with groundbreaking fashions, popular and synthesized music, and
stylized shot-on-location settings.
Miami Vice both defined and reflected 80s
popular culture to an unequalled extent. Sixteen Emmy nominations, an instantly
recognizable theme song (recently voted the most popular television theme song
of the last 50 years by visitors to the TV Guide® website), and an
extensive licensing program to support the brand all combine to give Pollard
Banknotes clients a great opportunity to thrill their customers with
Miami-themed prize packages and big-money payoffs.
The Miami Vice brand covers an
impressive spectrum of consumer products, anchored by apparel and bolstered by
the gaming and wireless categories, said Aiello. This kind
of expansive presence is exactly what we look for when we evaluate licensing
opportunities.
And there can be little doubt the
relevance of Miami Vice promises to become even more potent with the launch of
Miami Vice in theaters July 28, 2006. Written and directed by Michael Mann
(Heat, Collateral) Miami Vice stars Colin Farrell (S.W.A.T., The New World) and
Academy Award® winner Jamie Foxx (Ray, Jarhead) as undercover detectives
James Sonny Crockett and Ricardo Tubbs.
Offering players an evocative Miami Vice
game - a product perfectly suited to pairing the shows signature style
with a savvy and sophisticated play format - is sure to prove a smash hit even
Elvis (Crocketts pet alligator) would envy.
Pollard Banknote offers a turnkey solution
for licensed games, including ticket design and manufacturing, prize structure
consultation, merchandise selection and fulfillment, publicity and promotional
opportunities, and second chance draw process management (including all
customer service, Internet marketing, and post-game analysis).
About Pollard
Banknote Pollard Banknote is one of the worlds leading
full-service lottery vendors and is a major supplier to North Americas
charitable gaming industry. The firm manufactures instant tickets and
provides related programming, design, and marketing support. As well, Pollard
Banknote manufactures ticket vending machines, pull tab tickets and bingo
paper, and supplies lottery management services (including warehousing and
distribution). Established in 1907, the firm is owned by the Pollard family and
the Pollard Banknote Income Fund and currently serves more than 45 lotteries
worldwide, including some of the largest and most respected lotteries in the
United States, Canada, Europe, Asia, and Central and South America.
About Miami Vice One
of the most visually stunning and stylized T.V. shows of the 1980s, Miami Vice
not only rocked our pre-conceived notions of just how far a police drama could
go, but changed the face of television forever. Set against the post-modern
pastel-coloured cityscape of Miamis sun-baked beach houses, sultry
nightlife and pop-culture decadence, this ground-breaking series followed James
Sonny Crockett and Ricardo Tubbs, two of Miamis finest, as
they cruised the seedy streets of the Florida underworld with an arresting
attitude all their own. Fueled by exotic locales and a host of art
deco-inspired architecture, Miami Vice defined a decade with its trend-setting
tropical-chic fashion styles and a heart-thumping soundtrack as hot as the
Miami sun.
About Universal Studios Consumer
Products Group Universal Studios Consumer Products Group (USCPG) is
responsible for global licensing and retail strategies as well as building
brand recognition of the extensive catalogue of NBC Universal properties.
Universal Studios Consumer Products Group is a unit of NBC Universal, one of
the worlds leading media and entertainment companies in the development,
production, and marketing of entertainment, news, and information to a global
audience. Formed in May 2004 through the combining of NBC and Vivendi Universal
Entertainment, NBC Universal owns and operates a valuable portfolio of news and
entertainment networks, a premier motion picture company, significant
television production operations, a leading television stations group, and
world-renowned theme parks. NBC Universal is 80% owned by General Electric and
20% owned by Vivendi Universal.
About Pollard Banknote Income
Fund Pollard Banknote Income Fund (TSX: PBL.UN) is an
unincorporated, open-end trust which owns 26.7% of Pollard Holdings Limited
Partnership, which in turn owns Pollard Banknote Limited Partnership.
SOURCE: Pollard Banknote (www.pollardbanknote.com). For
further information: Gordon Pollard (gpollard@pbl.ca) or John Pollard (jpollard@pbl.ca), Co-Chief Executive
Officers, Phone: (204) 474-2323.
New Mexico Lottery Marking Tenth Anniversary Tomorrow: More Than $275
Million Profit for New Mexico Education
ALBUQUERQUE, New Mexico, USA
(April 26, 2006) Its been nearly 10 years since the
New Mexico Lottery introduced the first
Scratcher games, New Mexico Lottery Match 3 and Big
Fun Big Help, causing long lines at convenience and grocery stores
across the state. Since then, scratching has become somewhat of a New
Mexico pastime.
With the addition of on-line games like
Roadrunner Cash, Pick 3, 4 This Way and the mega-jackpot game Powerball, the
New Mexico Lottery has raised more than $275 million for New Mexico public
education. And, as of the Spring 2005 semester, nearly 38,000 students
have attended college with the help of a Lottery Success Scholarship.
| Advertisement |
 |
To celebrate its tenth anniversary on
Thursday, April 27, the Lottery will be hosting a number of statewide
events. Rather than hold a single anniversary event in just one location,
anniversary activities will be held statewide at 25 lottery retailer locations
(list attached). Refreshments and prizes will be available. An
additional media event will be held at Albuquerque TVI Westside. The public is
welcome to attend all events.
Governor Bill Richardson, Higher Education
Secretary Beverlee McClure as well as Representative Luciano Varela, Chairman
of the Legislative Finance Committee (the committee that provides legislative
oversight of the Lottery), will join New Mexico Lottery representatives, at
2:00 p.m. on Thursday, to celebrate this 10-year milestone at Albuquerque TVI
Westside campus. At this event, a free Anniversary Scratcher ticket will
be offered to members of the public who are at least 18 years old.
The $275 million raised includes nearly
$210 million that has been transferred to the Lottery Tuition Fund and $66.5
million that was transferred to the states Public School Capital Outlay
Fund. Originally, Lottery proceeds were divided between the Lottery
Tuition Fund and the Public School Capital Outlay Fund. The
lottery-funded distributions for capital outlay were made between 1996 thru
2002, for school construction and repairs for grades K-12 at 61 school
districts. In 2001, the New Mexico Legislature voted to make the Lottery
Tuition Fund the sole beneficiary of Lottery proceeds.
Additionally, Lottery players have won
more than $675 million in prizes and the State has received nearly $12 million
in taxes on Lottery players winnings. Lottery retailers have also
earned more than $80 million in commissions and bonuses for selling Lottery
tickets and redeeming winning tickets up to $599.
To commemorate its tenth anniversary, the
New Mexico Lottery unveiled two new anniversary Scratchers and reintroduced the
original New Mexico Lottery Match 3 game. That game
maintains its original top-prize of $5,000, with overall odds of 1 in
4.95. A $2 10 Times the Cash game has a top-prize of
$10,000, with overall odds of 1 in 4. The third anniversary Scratcher, $5
Chile Days and Chile Nights, features a top-prize of
$50,000, and overall odds of 1 in 3.77.
Were very happy and
honored to have provided additional revenue and benefits to the State during
the past 10 years. We couldnt have done it without the help of our
players, retailers, legislators, and staff, said interim CEO Tom
Romero.
Our goal is to get better every
year and we look forward to a continued role in benefitting New Mexicos
future, said Lottery board chair Reta Jones.
Listed below are additional Lottery
highlights that have taken place in the past 10 years:
- March 1995 The
New Mexico Legislature passes Senate Bill 853, otherwise known as The Lottery
Act
- April 1995
Governor Gary Johnson signs Senate Bill 853, creating the New Mexico
Lottery
- July 1996 The
Lottery repays $2.8 Million of Lottery Revenue Bonds, payment in full
- August 1996 In
its first distribution of net proceeds (profits), the Lottery turns over $6.2
million to the State
- January 1997
Public School Capital Outlay Council awards $7.2 Million in Lottery proceeds to
23 school districts
- August 1997 New
Mexico Commission on Higher Education begins awarding Lottery Success
Scholarships
- November 2000
First Powerball jackpot won in New Mexico. A group of 14 Sandia National Lab
employees share $131 million prize
- June 2001 The
2001 NM Legislature earmarks all Lottery profits for the Lottery Tuition
Fund.
- September 2001
Lottery transfers record $5,454,141 (largest single-monthly profit) for
education
- January 2002
Final award for capital outlay
- February 2002 Isabell Delgado of
Las Cruces wins second Powerball jackpot of $32 million
- February 2004
New Mexico Lottery marks milestone of $200 million raised for education in New
Mexico
- January 2005
Gross sales surpass $1 billion
- August 2005
John San Cartier of Albuquerque wins $93.4 million Powerball jackpot
- April 2006 New
Mexico Lottery celebrates 10 years of benefitting New Mexicos future
The following is a history of New Mexico
Lottery gross sales and net revenues (profits) since inception. Fiscal
year 1996 sales were only about nine weeks long; all other fiscal years run
July 1 June 30. Of the total amount of money transferred for New
Mexico education, almost $66.6 million was used for school construction and
repairs from fiscal 1997 through fiscal 2001. (All annualized figures
are rounded.)
| |
GROSS
SALES |
NET
PROFITS FOR PUBLIC EDUCATION |
| FY 96* |
$28.4 Million |
$6.3 Million |
| FY 97 |
↑$82.1 Million |
↑$21.9 Million |
| FY 98 |
↑$84.9 Million |
↓$20.1 Million |
| FY 99 |
↑$89.5 Million |
$19.6 Million |
| FY 00 |
↑$110.7 Million |
↑$24.5 Million |
| FY 01 |
↑$115.7 Million |
↑$25.9 Million |
| FY 02 |
↑$134.0 Million |
↑$29.6 Million |
| FY 03 |
↑$137.0 Million |
↑$33.1 Million |
| FY 04 |
↑$148.7 Million |
↑$35.9 Million |
| FY 05 |
↓$139.2 Million |
↓$32.2 Million |
| FY 06** |
$105.5 Million |
$25.1 Million |
| TOTALS: |
$1.2 Billion |
$274.3 Million |
* represents partial
fiscal year, April 27 June 30, 1996 ** represents partial
fiscal year, July 1 February 28, 2006
SOURCE: New Mexico Lottery. CONTACT:
Lottery Communications Office, 505-342-7616, 800-642-6689, ext. 7616, Email:
media@nmlottery.com.
 |