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N.C. Lottery making changes to counter weak sales

Topic closed. 20 replies. Last post 6 years ago by Lucki723.

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JAP69's avatar - alas
South Carolina
United States
Member #6
November 4, 2001
8790 Posts
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Posted: December 17, 2010, 11:46 pm - IP Logged

When lotteries first come out in a state it's gamblin time. People go out and start wagering that have not considered gambling before for a chance at some bucks. Maybe spend more than they should. Then the players who are losing cut back on the amount they play or quit. Losing money gets old after a bit.

The economy does not help matters either.

Now the lottery needs to figure a way to generate interest again.

WHATT

    Hermanus104's avatar - 5027340606 1e360c8038_s.jpg
    Northern Virginia
    United States
    Member #83350
    December 5, 2009
    1313 Posts
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    Posted: December 18, 2010, 10:06 am - IP Logged

    I totally agree with you Tenaj. The draw time needs to be earlier. Let's email them and let them know our thoughts. The draws stopped showing here in Charlotte but I watch them live on wral.com.

    The day drawing in North Carolina is very late too. I think they should conduct that one at about 1:00. I do not think day drawings should be conducted after 2:00.

    Today's winning 3-ball is going to be a number between 000 and 999.

    In a lot of states, lotteries benefit education. That makes the REAL winners the only people who can't play!

      Lucki723's avatar - Lottery-011.jpg
      Florida
      United States
      Member #62713
      July 6, 2008
      3715 Posts
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      Posted: December 18, 2010, 9:07 pm - IP Logged

      The Answer is higher payouts. This should apply to all states. The State can afford to pay $600/$700 in Pick 3 and $6,000/$7,000 in Pick 4. They are still going to make a killing. I hate the fact they gobble up half the prize and then cry that sales are slow.

      Keep moving Forward.

        temptustoo's avatar - cat anm.gif
        usa
        United States
        Member #89197
        April 2, 2010
        2816 Posts
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        Posted: December 18, 2010, 10:03 pm - IP Logged

        The Answer is higher payouts. This should apply to all states. The State can afford to pay $600/$700 in Pick 3 and $6,000/$7,000 in Pick 4. They are still going to make a killing. I hate the fact they gobble up half the prize and then cry that sales are slow.

        No the answer is .............LOWER  your projections..   The economy SUCKS....  Get used to it..   Wink

          tlady4's avatar - Lottery-057.jpg
          south carolina
          United States
          Member #39718
          May 20, 2006
          160 Posts
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          Posted: December 18, 2010, 10:53 pm - IP Logged

          Additional draws to be added in Feb.; search narrows for new director

          North Carolina lottery commissioners estimated Wednesday the program will earn $40 million less than expected in the current year because of weak ticket sales — another financial blow for a state education system already bracing for budget cuts.

          The North Carolina Education Lottery Commission revised its sales estimate in approving a new budget. That plan projects the lottery will be able to provide about $402 million for state education programs for the financial year ending in the middle of 2011, well below the $441 million initially projected.

          Alice Garland, the acting executive director of the lottery, said officials were still striving to match the initial goal and hope that sales will start coming back.

          "We still have more than six months of sales left in this fiscal year, and we remain committed to maximizing the amount of money for education that we can produce," Garland said in a statement. "The decision to revise our revenue projections, however, was necessary to offer a realistic picture of what expectations should be."

          Garland attributes the lower-than-expected sales to the prolonged economic slump, with consumers having less money to spend on entertainment. Officials also said a factor was that the multistate Powerball game has seen no major jackpots to attract interest.

          Proceeds from the lottery go to fund education programs, such as class-size reduction, school construction and scholarships. Gov. Beverly Perdue has already warned of budget cuts in education, and federal stimulus money that helped support programs last year will be drying up in 2011.

          Record sales last year helped send more than $419 million in net profits to education programs, the highest annual transfer since the lottery began in 2006.

          Lottery officials are looking to improve sales with new games and continued focus on building a network of retailers. The program will add more drawings starting in February for its numbers pick-em games and plan to roll out an instant ticket game that includes a top prize of $200,000 a year for life.

          "We're working very hard to turn this around and improve our sales picture," Garland said.

          Also Wednesday, the lottery commission named its four finalists to succeed Tom Shaheen as director. Shaheen stepped down in September to take a position with a company involved in the sale of lottery tickets through ATMs.

          Garland, Arkansas lottery executive David Barden, Massachusetts lottery director Mark Cavanagh and gaming consultant Philip Green are the finalists. The commission will conduct background checks on each and will interview them next month.

          Thanks to jbarn884 for the tip.

          To the NCEL, quit holding back the numbers and let them fall the way they should and let the people who play hit the numbers instead of cheating them out of their money and your sales will go up a BLIND MAN! can see how the lottery is run all they have to do is watch and that is what your customers have been doing and i for 1 don't blame them they get tired of waiting for days,days and then when the don't play the number come out if you let them hit then they will play some more. Let everybody benefit a little something your customers and the schools. Oh and you may want to pass this on to the South Carolina Education Lottery because they do the same thing and their sales will take a nose dive next.

            Lucki723's avatar - Lottery-011.jpg
            Florida
            United States
            Member #62713
            July 6, 2008
            3715 Posts
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            Posted: December 18, 2010, 11:22 pm - IP Logged

            No the answer is .............LOWER  your projections..   The economy SUCKS....  Get used to it..   Wink

            temptustoo, I get your point, and yes the economy is in the dumps in general. But what I was trying to say is that with higher payouts , they might pull the sales up a little higher since they are trying to counter weak sales.

            Keep moving Forward.