Florida Lottery signs on as official sponsor for Orlando Magic
Participating in this sponsorship deal:
About Sponsor:
The Florida Lottery is a government-run organization in the state of Florida, USA. With numerous on-line and scratch-off games available, players have a wide variety of prize levels to choose from. Since it began, the Florida Lottery has continued to add variety to its portfolio of games. The Lottery has experimented with higher price points, enhanced traditional games, and introduced seasonal promotional games. In 2012, Florida was the third-ranked state in yearly lottery revenue with $4.45 billion; revenue passed $5 billion in fiscal year 2013. Florida passed the legislation to enact the lottery in 1986 by a two to one ratio. The new lottery was spearheaded by Governor Bob Martinez and the Florida legislature with the mission of maximizing revenues for the enhancement of public education in Florida. The lottery was founded on the basis that it would provide the people of Florida the opportunity to benefit from additional revenues while providing the highest quality games available. The lottery's first game, MILLIONAIRE was a $1 scratch-off that was immensely popular. Within 17 days, the scratch-off game had paid back the entire $15.5 million to the state's general fund. Florida currently offers eight terminal games: Powerball; Florida Lotto; Cash 3; Play 4; Fantasy 5; Mega Money; Lucky Lines; and Mega Millions, which became available in Florida on May 15, 2013.
About Property:
The Orlando Magic is a professional basketball team based in Orlando, Florida. They play in the Southeast Division of the Eastern Conference of the National Basketball Association and are currently coached by Stan Van Gundy. The franchise was founded in 1989 as an expansion franchise and has had such notable NBA stars such as Shaquille O'Neal, Penny Hardaway, Grant Hill, Tracy McGrady, Steve Francis, Dwight Howard, Hedo Türko?lu, Vince Carter, Nick Anderson, Gilbert Arenas and Rashard Lewis throughout its young history. The franchise has also been in the playoffs for more than half of their existence . Orlando has been the most successful of the four expansion teams brought into the league in 1988 and 1989 in terms of winning percentage. As of 2011, they are the only team in the "big four" sports leagues to play in the city of Orlando.