Where would i e-mail the tx lottery commission board?
Lottery giant’s merger with Lottomatica requires that Texas agree to keep its contract with the company GTECH Holding Corp.’s stock plummeted as much as 14 percent yesterday morning before rebounding after the Texas Lottery Commission and the Texas Department of Public Safety raised concerns about the company’s business practices and ethical integrity. Investors, anticipating that Texas might adversely impact GTECH’s pending $4.8-billion acquisition by Italy’s Lottomatica SpA, sold off so many of GTECH’s shares yesterday morning that trading in the stock was briefly halted. Over 18 million shares of GTECH’s stock traded hands yesterday, nearly 30 times the average number of GTECH shares that trade on a daily basis. The West Greenwich-based company’s stock resumed trading before noon and ended up rebounding to close at $33.29 a share, down 4.37 percent. During a Texas Lottery Commission meeting Wednesday, according to minutes of the meeting posted on the lottery commission’s Web site an
Type: Government-owned On the web: http://www.txlottery.org The Texas Lottery Commission hopes to have the eyes of Texans watching the lotto jackpot. The Texas Lottery Commission oversees one of the country’s largest state lotteries, which has pumped more than $15 billion into state coffers since its inaugural in 1991. More than 60% of lottery sales are paid out in prize money, while almost 30% goes to the state’s Foundation School Fund; the remainder goes to retailer commissions and administrative costs. The lottery offers numbers games and several instant-win games sold through grocery stores, gas stations, and convenience stores. In addition, Texas participates in Mega Millions, a multistate lottery game. Key numbers for fiscal year ending August, 2007: Sales: $3,774.8M One year growth: (0.0%) Net income: $4.4M Officers: Chairman: James A. Cox Jr. Executive Director: Anthony J. Sadberry Deputy Executive Director: Gary Grief Sourc
