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Oregon Lottery Head Proposes Lessening Cut of Retailers' Video Poker Game Take.
Knight Ridder/Tribune Business News, March, 2004
By Janie Har, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News
Mar. 31--Oregon lottery director Brenda Rocklin backed off Tuesday from her previous video poker rate proposal, giving more to retailers and slimming the state's expected take.
Rocklin's recommendation to cut retailers' average compensation from 32 percent of net proceeds to 28 percent or 29 percent would raise an estimated $80 million extra for schools and other state programs over four years. That's less than the roughly $146 million over six years she now says her first proposal would have generated.
The Legislature demanded the lottery produce an additional $67 million by 2005 to help balance the current state budget. One way to do that, the lottery...
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