Sullivan’s report details the way a handful of math and science wizards, including Massachusetts Institute of Technology undergraduates looking for an interesting school project, turned Cash WinFall into a nearly fulltime business, spending $40 million on tickets over a seven-year period and winning an estimated $48 million.
And lottery
officials were happy about the huge sales to these sophisticated
gamblers, bending and breaking lottery rules to allow them to buy
hundreds of thousands of the $2 tickets, Sullivan found. If anything,
lottery officials were envious, with one supervisor asking in an e-mail:
“How do I become part of the club when I retire?”
State
Treasurer Steven Grossman, who oversees the lottery, finally stopped
the game this year. On Monday, Grossman said the agency should have
taken action sooner.
“I feel
it is important to essentially apologize to the public because a game
was created that allowed syndicates to gain special opportunities that
others did not have — using machines themselves, partnership with
lottery agents, using them after hours. We’re sorry some gained unfair
advantage,” said Grossman, who had requested Sullivan’s investigation.
http://www.boston.com/news/local/massachusetts/articles/2012/07/31/inspector_general_says_lottery_allowed_gambling_syndicates_to_take_over_winfall_game/
With on-line slot and poker coming on board soon from Las Vegas casinos, one wonders if these games will be honest and free from influence from the mob and MIT.
http://www.boston.com/news/local/massachusetts/articles/2012/07/31/inspector_general_says_lottery_allowed_gambling_syndicates_to_take_over_winfall_game/
With on-line slot and poker coming on board soon from Las Vegas casinos, one wonders if these games will be honest and free from influence from the mob and MIT.
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