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N.C. Lottery looking for new HQ as revenues grow

North Carolina LotteryNorth Carolina Lottery: N.C. Lottery looking for new HQ as revenues grow
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Executives of the North Carolina Education Lottery have initiated a search for new office space that's more than double the size of the lottery's headquarters on Yonkers Road in Raleigh.

N.C. Lottery spokesman Van Denton explains that since the lottery program was enacted by the General Assembly in 2006, lottery sales have more than doubled to more than $2 billion per year, requiring a need to increase the lottery's administrative staff. The N.C. Education Lottery currently has 160 people on staff in Raleigh.

"The lottery had only been selling tickets for three months when we moved here," Denton says of the N.C. Lottery's 42,000-square-foot headquarters office on Yonkers Road. "The building no longer provides the space or design necessary to support the growth in business operations."

To make do, the lottery staff has converted storage rooms into office space and office space in to meeting space. "We've simply outgrown the building," he says.

Through the State Property Office, the lottery office is seeking proposals from Raleigh-area real estate owners to lease about 97,000 square feet of office space for a term of 10 years, according to the request for proposals posted by the state. Possession date would need to be by July 1, 2016, which is when the lottery's current lease expires with its current landlord, the College Foundation Inc.

The 97,000-square-foot office request, he says, should be enough space to accommodate the lottery's current staff as well as additional staff that might be needed to support future growth. About 10,000 square feet of space in the building would also be set aside for use by the lottery's gaming vendor, plus about 19,000 square feet of storage space that's currently being leased in a remote location.

Denton says they have not yet identified a building or space that would be appropriate for the move and that the deadline for proposals is Sept. 29.

Thanks to JordanT1021 for the tip.

Triangle Business Journal

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5 comments. Last comment 1 year ago by SammyJoe10.
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itpmguru's avatar - 42a4d4d8f2a4312fb8e253dd8f6ef251
No Man's Land
United States
Member #164139
February 19, 2015
5460 Posts
Offline
Posted: September 18, 2015, 10:53 pm - IP Logged

They need more space so they an figure out more ways to get even MORE $$ from the NC players pockets and not in a Necessarily honest way. 

Doubled business in less than 10 years?, they are doing something  right as their profits have been on the upside every year over year.  States are getting just downright greedy with lotteries everyday to fuel their need/want to get more ca$h from your pockets.  You have to keep a close eye on your local lottery and watch for "Irregular" patterns/tip-offs like we have seen here in NC.  There can indeed be a dishonest reason for all of the increased profits leading to the need for larger operations and it is NOT always what it seems:

https://www.lotterypost.com/thread/293927/4281770

I won't get mad......I won't get even and NCEL will pay my bills :-)  - ITP
"He who is not courageous enough to take risks will accomplish nothing in life." - Muhammad Ali
                                     


    Avatar
    Franklin-n.c
    United States
    Member #37194
    April 12, 2006
    35 Posts
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    Posted: September 19, 2015, 2:35 am - IP Logged

    More loose then win in NC but people keep buying tickets. They are making a killing on the $30 dollar scratch off

      Avatar
      Motley, Va
      United States
      Member #156938
      July 4, 2014
      2316 Posts
      Offline
      Posted: September 19, 2015, 8:30 am - IP Logged

      they did this story just for you mr itpmguru! my lotto bro! I bet you loved reading this lol

        itpmguru's avatar - 42a4d4d8f2a4312fb8e253dd8f6ef251
        No Man's Land
        United States
        Member #164139
        February 19, 2015
        5460 Posts
        Offline
        Posted: September 19, 2015, 9:08 am - IP Logged

        they did this story just for you mr itpmguru! my lotto bro! I bet you loved reading this lol

        Morning Lotto Bro!  Oh yeah, guess this explains why we have a harder time than ever getting a hit in this state. GL today man, get VA good! Thumbs Up

        I won't get mad......I won't get even and NCEL will pay my bills :-)  - ITP
        "He who is not courageous enough to take risks will accomplish nothing in life." - Muhammad Ali
                                             


          SammyJoe10's avatar - disney37
          Middle of Nowhere NC
          United States
          Member #151289
          January 12, 2014
          428 Posts
          Offline
          Posted: September 19, 2015, 5:52 pm - IP Logged

          More loose then win in NC but people keep buying tickets. They are making a killing on the $30 dollar scratch off

          I agree. I never play NC scratch offs. I used to--and rarely won ANY of my money back! According to the NCEL website, someone's already claimed the $10 MILLION top prize on the $30 scratch off. That means there will NOT be another $10 MILLION dollar winner for another few months. I'm glad that I haven't wasted any of my money on that ticket! 

          Too many losers and NOT enough winners in NC!