The casino bill approved by the House last week would grant less than a fifth of the tax breaks first proposed in the Senate. It also doesn't permit live table games at the racinos in Anderson and Shelbyville.
The private operator of the Hoosier Lottery is expanding the hours that convenience stores and other outlets can sell lottery tickets, a change that allows those sales to continue late into the night.
The private operator of the Hoosier Lottery faces a $20 million penalty in Illinois because it fell nearly $66 million short of the profits it promised that state.
Seven of the winner’s co-workers at an Indianapolis salon say the $9.5 million ticket for the Feb. 16 drawing was part of an office lottery pool.
Seven hairstylists who are fighting for a share of a $9.5 million lottery prize bought by a co-worker testified Wednesday that they had all agreed to share any winnings from tickets purchased at the same time as those for an office pool.
The stylists want to split the prize from last Saturday’s drawing with a co-worker who bought tickets for an office pool as well as some for herself.
The Hoosier Lottery announced Wednesday it has hired Mortenson Safar Kim (formerly MeyerWallis) as its new creative advertising agency of record. Lottery officials have promised to increase marketing.
The Hoosier Lottery’s new manager plans to launch a branding campaign in the spring as part of a business plan that calls for a significantly larger advertising budget. That could be good news for Indiana ad agencies.
Hoosier Lottery officials on Friday signed a 15-year contract with private manager GTECH Indiana, which promised to return $1.76 billion to state coffers over the next five years.
Indiana's lottery commission voted Wednesday to hire a private company to take over its marketing and other services in the hopes that it will boost the lottery's profit by about $100 million a year.
A decision on hiring a vendor or leaving lottery operations as they are had been scheduled for Wednesday, but the vote was moved to Oct. 3 instead, to give officials more time to digest two proposals.
Indiana won't turn its lottery over to a private company if bidders don't meet the state's high standards, the executive director of the Hoosier Lottery said Friday.
Two foreign companies have dropped out of the bidding to become the first private manager of Indiana's lottery, with one charging the state's process encourages bidders to set expected revenue levels too high.
Two foreign companies—one based in Australia, the other in the United Kingdom—are among four firms competing for a chance to become the first private manager of Indiana’s lottery.
The Illinois Lottery is not a model Indiana should follow in seeking a private manager to boost revenue, according to Illinois’ own lottery chief. Hoosier Lottery officials say they’ve taken steps to avoid the problems Illinois had with its privatization contract, but several key elements of the process mirror Illinois’.
The $791 million Hoosier Lottery threw open bidding July 11 for a 10-year contract on marketing, sales and distribution services. The lottery wants to be among the fastest-growing in the country, and it’s looking to the gambling industry to help it reach that goal.
The primary goal of the contract is to boost the lottery's net income, which dropped from $218 million in fiscal year 2006 to $188 million during fiscal year 2011 — a 14 percent decline.
The Indiana State Lottery Commission endorsed a plan Wednesday to seek out private companies to take over some operations of the Hoosier Lottery, a state agency whose income has shrunk in recent years.
The Hoosier Lottery hasn't started formally looking at online sales. But spokesman Al Larsen said the lottery will consider it depending on how the program in Illinois works out.
Hoosier Lottery officials have started getting rid of some office and gym equipment that was purchased for the agency's $2 million move to a new downtown Indianapolis headquarters.
