Seeing sales slowing, Missouri Lottery officials seek new customers
For many years, as state revenue has fluctuated and stagnated, the Missouri Lottery has been a welcome outlier, a dependable, sometimes surging revenue stream that rarely failed to post record profits.
From 2001-2008, the lottery doubled its sales, to just shy of $1 billion, and its contribution to state education funding (where its profit is directed) reached $265 million.
Since then though, the pace has slowed. While sales have continued to tick upward, gone are the years of double-digit ...
Jul 22, 2014, 7:13 am - Lottery News forum
New keno game boosts sales for Kentucky Lottery
The Kentucky Lottery's new keno game hasn't attracted as many retailers as projected, but sales have exceeded expectations since it launched late last year.
Kentucky Lottery Chief Financial Officer Howard Kline told The State Journal that the bingo-style game, which has drawings every five minutes, sold $28.5 million in wagers as of June 21. He says that's about $500,000 more than estimated.
Kline said that came despite having only 272 Keno-only retailers sign on to offer the game by the e ...
Jul 8, 2014, 8:36 am - Lottery News forum
Players snapping up Mass. Lottery's new $30 tickets
The Massachusetts State Lottery, following the lead of a handful of other states, has rolled out new scratch tickets at a significantly higher price $30 a pop saying there is a market for more costly games with the chance of bigger winnings.
Since the new game was launched last Tuesday, bettors have snapped up more than $8 million in tickets, hoping to win one of the four $15 million instant jackpots or at least take home one of the 36 $1 million prizes. Dina William, who, along with her husb ...
Apr 29, 2014, 9:06 am - Lottery News forum
Georgia's new $30 lottery tickets selling 'like crazy'
Lottery players are lining up to lay down some serious scratch in Georgia and Tennessee, which recently joined a number of states offering instant tickets that cost more than $25 apiece.
People are buying them like crazy, Tessa Mize, a clerk at the Mega Star gas station in Rossville on Chickamauga Avenue, said of the $30 scratch-off ticket that the Georgia Lottery introduced last week. It has a $10 million grand prize.
Meanwhile, Tennessee Lottery officials are happy with sales of a $25 i ...
Feb 5, 2014, 10:11 am - Lottery News forum
Snowstorms hurt Massachusetts Lottery sales
Lottery ticket sales dipped in December by nearly $1 million below last year s total a drop Lottery officials attribute to two snowstorms that kept buyers out of stores.
During the Dec. 17 storm, Lottery agents lost out on rush hour sales when many commuters spent hours in their cars driving home, Beth Bresnahan, assistant executive director of marketing and communications, said during a Lottery Commission meeting Tuesday.
But a record $648 million Mega Millions jackpot prevented the sales ...
Jan 29, 2014, 11:40 am - Lottery News forum
Fla. Lottery sales top $5 billion for first time
The Florida Lottery topped $5 billion in sales for the first time during the fiscal year that ended June 30, the department announced Monday.
A record $1.41 billion is expected to go into the Educational Enhancement Trust Fund, the Lottery reported
Both amounts top the previous highs reached the year before, when sales were $4.45 billion and education transfers were $1.31 billion.
In two fiscal years, the Florida Lottery has increased sales by $1 billion. That's the fastest pace to one ...
Jul 9, 2013, 7:51 am - Lottery News forum
New Jersey Lottery signs 15-year deal with Northstar NJ
Private company to take over marketing, sales, other functions
Scientific Games Corporation today announced that Northstar New Jersey Lottery Group, LLC ( Northstar NJ ) has signed a long-term agreement to provide marketing, sales and other services to the New Jersey Lottery.
Services under the agreement are expected to begin on October 1, 2013 following a transition period and end on June 30, 2029.
Northstar NJ is a joint venture comprised of Scientific Games New Jersey LLC, a subsidia ...
Jun 21, 2013, 9:44 am - Lottery News forum
GTECH picked to run Indiana Lottery
The Hoosier Lottery board voted Wednesday to hire a private company to oversee sales, marketing and other operations with the goal of earning the state about $2.1 billion in additional revenue through 2028.
The board chose Rhode Island-based GTECH which provides similar services to the Illinois lottery and provides some computerized game services in Kentucky at the recommendation of Hoosier Lottery officials, who conducted an expansive review of the two companies vying for the 15-year contrac ...
Oct 3, 2012, 8:19 pm - Lottery News forum
NJ moves to privatize lottery sales, marketing
Four companies interested in running portions of the New Jersey Lottery attended a mandatory information session in Trenton last Thursday, the first step toward privatization.
The state Treasury Department is looking to hand over sales and marketing operations to a private vendor next year. The state would retain ownership of the lottery under the plan, and state employees would continue to manage its operations though those jobs are not guaranteed.
New Jersey has the eighth largest state ...
Sep 11, 2012, 12:24 pm - Lottery News forum
Illinois picks right week to start selling tickets online
But online sales still dwarfed by retailer sales
With a record $540 million Mega Millions jackpot in play, Illinois picked the right week to become the first state in the nation to sell lottery tickets online. Others are watching closely to see if the new approach pays off and whether the state takes the next big step: launching online poker, blackjack and other casino games.
It took only three minutes for the first online lottery ticket to sell once the system went live at 7 a.m. Sunday. ...
Mar 30, 2012, 7:51 am - Lottery News forum