Betting Systems

Larger Rewards May Come With Internet Online Lotteries .Forty-two states rely on on lottery incomes to help fund necessary services, so many officials are hopping to increased gambling monies to help close shortages generated by the recession. But lottery promoters say outside elements, especially the UIGEA ban against online gambling, is averting them from originating more income for state coffers. Betting Blackjack and betting poker is also part of online gambling.
A survey by Frost and Sullivan, a Texas consulting company, found that lotteries are lacking as much as $7 billion to Internet casinos, and that operating lottery sales online may be the best way to boost revenue. But New Hampshire and North Dakota have found that Internet lottery sales can run afoul of the UIGEA ban, in spite of express exclusion permitted to state lotteries.

“It’s not that we don’t know how to generate and make money; it’s just that we’re restricted in doing it,” says Gordon Medenica, director of the New York State lottery. The disappointment repeats throughout lottery offices in many states.
New Hampshire Lottery Director Rick Wisler was told by Visa and Mastercard that they “would review the policy” of blocking his state’s online lottery sales as illegal gambling. Meanwhile, Wisler says, state schools carry on to lose support.
Frost and Sullivan recommend in the end to their study that state lottery officials publicly encourage attempts to take off the UIGEA ban and regulate Internet gaming. The consultants assert that leveling the competitive field with gambling sites already operating online in defiance of the ban would right away boost lottery income.

Medenica and other lottery directors say they can generate as much as $14 billion in the next two years or so, if they are allowed to take advantage of Internet oppotunities.

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