providence capital financial services lottery

providence capital financial services lottery

By Admin
Post date

Raimondo nominates state revenue director Furcolo to head Lottery

PROVIDENCE — Gov. Gina Raimondo on Monday nominated the state’s revenue director, Mark Furcolo, to the top spot in the state Lottery.

She chose a one-time deputy treasurer, Jim Thorsen, to replace Furcolo as director of the state Department of Revenue. Both are subject to Senate confirmation.

Furcolo would replace Gerry Aubin, the former deputy police chief in Providence who has led the state Lottery for more than two decades. Aubin announced his plans to retire earlier this year.

The Lottery, and the state-sponsored traditional and casino gambling under its wing,

is the third-largest source of state revenue after the sales and income taxes.

Since the late 1990s, the state-sponsored gambling sector has expanded into casino gambling, online wagering and sports betting. From around $90 million per year in state revenue, the lottery as recently as 2019 contributed nearly $400 million in annual income for the state.

The contribution dropped to $283.9 million in the year that ended on June 30, and a projected $265.2 million this year. In a recent financial update, the Lottery reported a major impact from the COVID-19 pandemic.

“Closure of the State’s two licensed casinos, many Lottery retailers, restaurants and bars, the canceling and elimination of professional and college sporting events, and stay at home regulations had a significant impact on revenues for all Lottery lines of business, and have reduced expected revenues in the new fiscal year beginning July 1, 2020.”

As a division within the Department of Revenue in recent years, a big focus has been Lottery giant IGT’s bid for a new, no-bid 20 year contract.

“Mark has led the Department of Revenue with distinction since 2017, and I’m excited for him to move into this new position at Lottery. I’m fully confident that Jim’s decades of experience in financial management and government will serve him well as Director of the Department of Revenue,” Raimondo said.

Furcolo has been the 5th director of the state Department in Revenue, since Raimondo took office in January 2015.

When he arrived on the state government scene in October 2017, the governor described him as an “accomplished business and finance professional,″ who had most recently been a senior vice president at Dealertrack Technologies, a provider of on-demand dealership software for the auto industry.

He previously had been the president and CEO of triVIN, a business offering electronic automobile registrations to auto dealers, and electronic automobile titling services to lenders. (Dealertrack Technologies acquired triVIN in 2011.)

Prior to that, Furcolo had been a vice president of finance at GE Capital.

Raimondo on Monday credited Furcolo with a “successful IT implementation and rollout of the federal Real ID program in Rhode Island, the agency-wide expansion of a reservation system at the DMV and the implementation of sports betting program at Lottery.”

Thorsen most recently served as a budget advisor for the U.S. Department of Treasury, “advising developing democracies in best financial practices,” according to a statement issued by the governor’s office.

He was previously the deputy director/CFO of the state-run health insurance exchange known as HealthSourceRI. His previous work credits include 16 years at State Street Global Advisors in public pension management, and deputy state treasurer in the 1990’s under Republican Treas. Nancy Mayer.

In 2005, then-Governor Donald Carcieri appointed Jeff Britt to replace Thorsen on the state commission that oversees the investment of billions in state pension fund assets. (Britt has been in the news most recently as the defendant in a money-laundering trial stemming from his role in House Speaker Nicholas Mattiello’s 2016 reelection campaign)

She has also chosen a one-time deputy treasurer, Jim Thorsen, to replace Furcolo as director of the state Department of Revenue, subject to Senate confirmation.

You Searched for ” Providence Capital Financial services “

Shar, United States

Providence Capital Financial Services : Letter from Providence Capital Financial Services saying I was 2nd prize winner in the USA Departmental Stores Sweepstakes Lottery held July 12th 2017! I won 500,000.00 and enclose

Sweepstake Scam Answered
Blake, United States

Providence Capital Financial Services saying I was a 2nd prize winner : Check of $ 4, 600. 00 saying I was a 2nd prize winner of $495, 000.00. Serial number 4835756321

Sweepstake Scam Answered
Lis, United States

Providence Capital Financial Services fake check in mail : If you receive a check in the mail do not attempt to cash it. Just toss its a total scam. I didn’t even try to call just looked it up and others already reported this company. #

Sweepstake Scam Answered
kim bati, Canada

providence capital financial services 877-778-4710 : received a letter along with a check!! Asking to call 877-778-4710 to claim it

Lottery Winner Scam Answered

Check What was Said By Others!

  • PKBloem: “David Sawyer Publishers Clearing House. “
  • lynch: “federal trade commission. “
  • Mariana: “Euromobilejackpit. “
  • WHATLEY : “John Peterson ? Spencer Spillman,Mark Mousel,Jim Kingstonwarren heslop. “
  • Uh Noway: “Sweepstakes. “
  • samad: “03053165621. “
  • saleh m: “pepsisms. “
  • Mazhar: “Pepsi UK. “
  • abeer: “pepsisms. “
  • Jan Reeb: “Alex Garcia. “

Join Scam Call Fighters
From Across The Globe! Report All Scam Calls!

Searching for Providence Capital Financial services? Find list of related scams, fraud and hoax emails, txt and phone calls

Raimondo nominates state revenue director Furcolo to head Lottery PROVIDENCE — Gov. Gina Raimondo on Monday nominated the state's revenue director, Mark

National Lottery Community Fund Board Appointments

The Secretary of State has appointed Emma Boggis and Danielle Palmour as Board Members of the National Lottery Community Fund, each for a for a term of four years commencing on 11 February 2019.

Emma Boggis

Emma Boggis has spent over twenty years working in the public and not for profit sector. Her early career started in the British Army where she had operational tours in Northern Ireland and Kosovo. After a brief spell in Management Consultancy she joined the Civil Service and worked at the Office for Standards in Education and had two spells in the Cabinet Office including as head of the Olympic and Paralympic Legacy Unit, set up after London 2012 to support Lord Coe as the Prime Minister’s Legacy Ambassador.

Prior to that she was also seconded to the Foreign Office as Deputy Head of Mission in the British Embassy in Madrid and served as Private Secretary to the Prime Minister. Most recently Emma has moved into sports administration and is currently Chief Executive of the Sport and Recreation Alliance which is the umbrella organisation for the governing and representative bodies of sport and recreation and represents 320 members.

Emma is also the Senior Independent Director on the Board of the British Paralympic Association and a Trustee of the National Paralympic Heritage Trust, as well as a member of the NCVO’s Advisory Council. Emma is a keen sportswoman – with a number of marathons and triathlons under her belt along and she also enjoys cooking, reading and travelling often under pedal power.

Danielle Palmour

Danielle has been Director of Friends Provident Foundation since November 2004. Friends Provident Foundation is an independent charity, endowed by Friends Provident plc after the de-mutalisation of Friends Provident Life Office. The Foundation has an international reputation to innovative funding and investment practice and has been at the forefront of rethinking the role of philanthropic resources in the UK. Danielle has previously occupied senior policy and research roles throughout the non-governmental sector such as the Joseph Rowntree Foundation, the Commission for Racial Equality and the Law Society of England and Wales. She was previously a member of the Treasury’s Financial Inclusion Taskforce, the Civil Society Advisory Body of the Cabinet Office and the Financial Services Authority Financial Capability Steering Group. She is currently a board member of Big Society Capital, Civil Society Media, the Court of the University of York and a trustee of local York charities.

These roles are remunerated at a rate of £7,848 per annum. These appointments have been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The process is regulated by the Commissioner for Public Appointments. The Government’s Governance Code requires that any significant political activity undertaken by an appointee in the last five years is declared. This is defined as including holding office, public speaking, making a recordable donation or candidature for election. Emma Boggis and Danielle Palmour have made no such declarations.

The Secretary of State has appointed Emma Boggis and Danielle Palmour as Board Members of the National Lottery Community Fund, each for a for a term of four years commencing on 11 February 2019.