MASS. LOTTERY SIGNS UP THIRD SPORTS TEAM
14 August 2009
Scratchcards have caught on with pro football
teams
U.S. National Football League owners in May this year
approved a rule that allows its pro teams to partner
with local lotteries on scratchcard betting activities.
The scheme has clearly appealed to the teams, with
Cincinnati, Dallas, Green Bay, Houston, Washington,
Seattle and the New York Jets joining other NFL teams to
offer instant lottery games in collaboration with
regional lotteries.
In the latest deal, the
Massachusetts state lottery signed it's third sports
team to a scratchcard deal when it reached an agreement
with the New England Patriots.
Neither Patriot
officials nor lottery officials offered an estimate on
how much money the team will receive because the deal is
based on sales, but Massachusetts State Treasurer Tim
Cahill said the Patriots will realize “millions of
dollars” if all 30 million tickets are sold.
The
Massachusetts lottery, which already had deals with the
Red Sox and Celtics, has sold $777 million in
sports-themed tickets.
The New England Patriots
deal announced Tuesday could generate $20 million for
cities and towns across the state. The lottery hopes to
sell 30 million of the $5 tickets. If all tickets are
sold, the game will gross $151 million and return $116
million in prizes, including 10 instant tickets each
worth $1 million, 4 250 Patriot VIP ticket packages and
team merchandise.
The game also features
second-chance drawings for five pairs of Patriots season
tickets for life.
Online Casino News Courtesy of
Infopowa
More news here.
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