BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART;VALUE=DATE:20120530
DTEND;VALUE=DATE:20120531
TRANSP:TRANSPARENT
X-MICROSOFT-CDO-ALLDAYEVENT:TRUE
SUMMARY:* THE TREASURER?S ONLINE PRODUCTS TASK FORCE (Public Session)
DESCRIPTION:THE TREASURER'S ONLINE PRODUCTS TASK FORCE\n\nPUBLIC SESSION\n\n An Invitation\n\n \n\nTreasurer Steven Grossman invites you to join him and the Online Products Task Force in advancing an important conversation on the future of the Massachusetts Lottery and gaming in the Internet age. The Treasurer created an Online Products Task Force "to gain a comprehensive\, strategic assessment of the current landscape of online lottery products and play throughout the country and its short- and long-term fiscal and societal implications for Massachusetts."  That Task Force has scheduled a public session for:\n\n \n\nMay 30\, 2012\n\n5:00   7:00 p.m. \n\nOne Ashburton Place\, 21stFloor\, Boston\, MA\n\nPlease direct any questions to:  TaskForce@masslottery.com\n\n \n\nThe audience will have an opportunity to hear from the Treasurer\, members of the Online Products Task Force and its consultant\, Spectrum Gaming Group\, regarding initial findings. Members of the public\, including interested stakeholders\, are encouraged to attend and share their positions and questions.  \n\n \n\nBackground\n\n \n\nAs the lottery/gaming industry continues to evolve in Massachusetts\, across the nation and worldwide\, it has become clear that we must assess how best to position Massachusetts and its fiscal resources for the possible onset of online lottery products. The impact of the Internet on the way we conduct business and engage with each other is undeniable.  The Internet serves as a major outlet for leisure activity and\, at present\, a fertile environment for lottery/gaming business already measured in the billions of dollars around the globe.  The Massachusetts State Lottery Commission is a $4.5-billion business that this year will generate over $947 million in profit\, which is directed to our communities. The Lottery is the single largest source of unrestricted local aid for the Commonwealth's cities and towns.  As a national industry leader in sales and innovation\, the Lottery is well positioned to advance any opportunity presented by online lottery products if so directed.  \n\n \n\nYet any such expansion of the Lottery's business must be accompanied by careful planning to protect the Lottery's current assets and potential for growth\, and\, most importantly\, by a regulated environment that safeguards our citizens and their interests.  The Lottery credits much of its success on a highly effective marketing system through its 7\,400 sales agents stretched across the Commonwealth.  Those businesses earn on average approximately $37\,000 in annual commissions\, and recognize that lottery sales drive ancillary sales.  Massachusetts also has recently authorized the licensing of up to three "brick and mortar" casinos   another source of revenue and job creation. Any discussion regarding the introduction of Internet play\, therefore\, must include careful assessment of the impact on the Lottery's current business\, consumers and agents and on the nascent casino industry\, and related human and social costs.\n\n \n\nA second public session will be held on June 28thfrom 5-7 p.m. in Western Massachusetts.
X-ALT-DESC;FMTTYPE=text/html:<strong><span style="font-size: 16pt"><span style="font-family: times new roman\, serif">THE TREASURER&rsquo\;S ONLINE PRODUCTS TASK FORCE</span></span></strong><br />\n<strong><span style="font-size: 16pt"><span style="font-family: times new roman\, serif">PUBLIC SESSION</span></span></strong><br />\n&nbsp\;<strong><span style="font-size: 16pt"><span style="font-family: times new roman\, serif">An Invitation</span></span></strong><br />\n&nbsp\;<br />\n<span style="font-family: times new roman\, serif"><span style="font-size: medium">Treasurer Steven Grossman invites you to join him and the Online Products Task Force in advancing an important conversation on the future of the Massachusetts Lottery and gaming in the Internet age. The Treasurer created an Online Products Task Force &ldquo\;to gain a comprehensive\, strategic assessment of the current landscape of online lottery products and play throughout the country and its short- and long-term fiscal and societal implications for Massachusetts.&rdquo\;&nbsp\; That Task Force has scheduled a public session for:</span></span><br />\n&nbsp\;<br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">May 30\, 2012</span></span></strong><br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">5:00 &ndash\; 7:00 p.m. </span></span></strong><br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">One Ashburton Place\, 21<sup><span style="font-size: small">st</span></sup></span>Floor\, Boston\, MA</span></strong><br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">Please direct any questions to:&nbsp\; </span></span></strong><a href="mailto:TaskForce@masslottery.com"><strong><span style="font-family: times new roman\, serif"><span style="font-size: medium"><span style="color: #0000ff">TaskForce@masslottery.com</span></span></span></strong></a><br />\n&nbsp\;<br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">The audience will have an opportunity to hear from the Treasurer\, members of the Online Products Task Force and its consultant\, Spectrum Gaming Group\, regarding initial findings. Members of the public\, including interested stakeholders\, are encouraged to attend and share their positions and questions.&nbsp\; </span></span></strong><br />\n&nbsp\;<br />\n<strong><u><span style="font-family: times new roman\, serif"><span style="font-size: medium">Background</span></span></u></strong><br />\n&nbsp\;<br />\n<span style="font-size: 11pt"><span style="font-family: times new roman\, serif">As the lottery/gaming industry continues to evolve in Massachusetts\, across the nation and worldwide\, it has become clear that we must assess how best to position Massachusetts and its fiscal resources for the possible onset of online lottery products. The impact of the Internet on the way we conduct business and engage with each other is undeniable.&nbsp\; The Internet serves as a major outlet for leisure activity and\, at present\, a fertile environment for lottery/gaming business already measured in the billions of dollars around the globe.&nbsp\; The Massachusetts State Lottery Commission is a $4.5-billion business that this year will generate over $947 million in profit\, which is directed to our communities. The Lottery is the single largest source of unrestricted local aid for the Commonwealth&#39\;s cities and towns.&nbsp\; As a national industry leader in sales and innovation\, the Lottery is well positioned to advance any opportunity presented by online lottery products if so directed.&nbsp\; </span></span><br />\n&nbsp\;<br />\n<span style="font-size: 11pt"><span style="font-family: times new roman\, serif">Yet any such expansion of the Lottery&rsquo\;s business must be accompanied by careful planning to protect the Lottery&rsquo\;s current assets and potential for growth\, and\, most importantly\, by a regulated environment that safeguards our citizens and their interests.&nbsp\; The Lottery credits much of its success on a highly effective marketing system through its 7\,400 sales agents stretched across the Commonwealth.&nbsp\; Those businesses earn on average approximately $37\,000 in annual commissions\, and recognize that lottery sales drive ancillary sales.&nbsp\; Massachusetts also has recently authorized the licensing of up to three &ldquo\;brick and mortar&rdquo\; casinos &ndash\; another source of revenue and job creation. Any discussion regarding the introduction of Internet play\, therefore\, must include careful assessment of the impact on the Lottery&rsquo\;s current business\, consumers and agents and on the nascent casino industry\, and related human and social costs.</span></span><br />\n&nbsp\;<br />\n<strong><span style="font-family: times new roman\, serif"><span style="font-size: medium">A second public session will be held on June 28<sup><span style="font-size: small">th</span></sup></span>from 5-7 p.m. in Western Massachusetts</span><span style="font-size: medium">.</span></strong><br />\n&nbsp\;<br />\n
LOCATION:
UID:e.518.3869
SEQUENCE:3
DTSTAMP:20260429T061506Z
URL:https://business.nvcoc.com/events/details/the-treasurer-s-online-products-task-force-public-session-05-30-2012-3869
END:VEVENT

END:VCALENDAR