Saturday, June 30, 2007

State lottery seeks revenue boost from TV show, multistate game - FOX23 News

State lottery seeks revenue boost from TV show, multistate game - FOX23 News:

"The Hot Lotto game has the same format as Powerball, which is already offered in Oklahoma, and has had an average jackpot of $4.5 million over the past year, Scroggins said.

'Hot Lotto is a game that looks and plays almost exactly like Powerball - it's just better odds and lower prizes,' Scroggins said.

Scroggins hopes the additions will help generate excitement for the lottery, which is projected to finish the fiscal year with $214.7 million in gaming revenues - far short of initial projections. Scroggins blamed the shortfall on competition from tribal casinos and horse racing tracks, the need for additional gaming options and illegal gambling.

Lottery revenues could be helped by also adding video poker, keno or pull-tabs, Scroggins said. "
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