The Massachusetts Lottery did even higher financially final fiscal yr than it initially thought.
Executive Director Mark William Bracken mentioned Tuesday that the ultimate web revenue for fiscal yr 2023 was roughly $1.194 billion, a rise of $18 million over the pre-audit estimate of $1.176 billion introduced in July.
“While we knew we had a record, we did even better than the record that we thought we had,” Bracken mentioned throughout a Lottery Commission assembly. “Great job for the team and for our players.”
On prime of setting a document, final yr’s revenue was additionally sufficient to beat the projected $1 billion in web revenue that Treasurer Deborah Goldberg and Lottery officers advised state lawmakers they might count on the Lottery to generate for native assist to cities and cities.
JPMorgan to pay $75M on Epstein claims
JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the financial institution enabled the intercourse trafficking acts dedicated by financier Jeffrey Epstein.
JPMorgan mentioned that $55 million of the settlement will go towards native charities that present help to victims of home abuse and trafficking and different crimes, in addition to to reinforce the capabilities of native regulation enforcement.
The Virgin Islands, the place Epstein had an property, sued JPMorgan final yr, saying its investigation has revealed that the monetary companies big enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”
JPMorgan had already agreed to pay $290 million in June in a class-action lawsuit that concerned victims of Epstein’s trafficking crimes. Epstein died by suicide in a federal jail in 2019.
Source: www.bostonherald.com”