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Kentucky Lottery president and CEO set to retire

Jan 24, 2020, 12:30 pm

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Kentucky LotteryKentucky Lottery: Kentucky Lottery president and CEO set to retireRating:

In today's meeting of the Kentucky Lottery Corporation's board of directors, Lottery President and CEO Tom Delacenserie announced his retirement effective March 6.

Delacenserie, who turns 72 years old this year, assumed the top job in May 2017. Sales from FY17 through FY19 rose from $1,000,501,000 to $1,129,655,000, a $129.1 million (12.9%) increase during his tenure.

"We've accomplished a tremendous amount in the last two and a half years," Delacenserie said. "We strengthened our brand by creating a new lottery logo, improved product offerings by increasing payouts on our Scratch games, developed exciting new draw games, and enhanced our advertising support. And we upgraded product delivery systems, including vending machines with state-of-the-art touch screen technology."

"By achieving these goals and with your help, we set, broke, and re-set sales records each year I was here. More importantly, in the process we increased overall transfers to the Commonwealth to fund college scholarship and grant programs, helping Kentucky students stay home to pursue their degrees," he said.

Cash transfers to the Commonwealth rose during Delacenserie's term from $247.7 million in FY17 to $272.7 million in FY19, a $25 million (10.1%) increase.

"Tom has led the charge in Kentucky in an ever-challenging gambling landscape, and his efforts and those of the Lottery team have helped send more kids to college," said Mark F. Sommer, chair of the Lottery's board of directors. "Kentucky students have benefitted greatly from Tom's efforts and vision, and he leaves the Kentucky Lottery in great shape to continue its mission."

Sommer noted that under Kentucky statute the Governor appoints the KLC President and CEO with the Board serving to confirm the appointment. Governor Beshear's staff has requested the Lottery post the position and search information through the organization's website, kylottery.com.

Current Kentucky Lottery COO Marty Gibbs will serve as interim president and CEO, while current Vice President and Corporate Controller Maggie Garrison will serve as Interim COO until the new president and CEO is in place. Additionally, Sommer said Delacenserie will serve as a consultant during the transition and search on an as needed basis.

Delacenserie came to Kentucky from Florida, where he served as secretary of the Florida Lottery. "I'll miss this industry, the friends I've made, staff at the numerous stores I've visited, and of course the dedicated staff here at the Kentucky Lottery. At the same time, I have grandchildren I'd like to spend more time with and my bride of almost 50 years who has been waiting patiently," he said.

In other news from today's meeting, the board:

  • Learned total sales from July through December were $540.8M, which is $3.5M less than last year and $32.2 behind budget. A lack of large jackpots in the Powerball and Mega Millions games account for the decline from last year.
  • Heard net income before transfer of dividends has dropped $21.6 million from last year (and $8.4 million below budget) to $121 million. This is due not only to the lack of sales again from those large jackpot games, but also players winning $17.5 million more in prizes than the same period last year.
  • Approved a contract with SmartPlay International Inc. for random number generator systems and related services;
  • Approved a contract with Garron Lottery Products for draw machines and ball sets and related services, and;
  • Approved rules and regulations for five scratch-off tickets and six Instant Play games.

The next meeting of the KLC's board of directors will be March 27th. The meeting will begin at 10:00 AM EST, and will be held at the KLC headquarters at 1011 West Main Street in Louisville. The audit committee meeting will begin at 8:30 AM EST, as well as the procurement committee at 9:00 AM EST.

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6 comments. Last comment 9 months ago by Stack47.
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music*'s avatar - DiscoBallGlowing
USN United States Navy
Fresno, California
United States
Member #157851
August 2, 2014
3959 Posts
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With no large jackpots in MM & PB, the State Lotteries do suffer. They just wish for a billion-dollar jackpot.

 Kentucky Lottery President and CEO Tom Delacenserie knew when to retire at age 72. I hope he enjoys life as a retiree. Family comes first.

 "We are all in this together!" 

    Avatar
    Simpsonville
    United States
    Member #163184
    January 22, 2015
    2281 Posts
    Offline

    In today's meeting of the Kentucky Lottery Corporation's board of directors, Lottery President and CEO Tom Delacenserie announced his retirement effective March 6.

    Delacenserie, who turns 72 years old this year, assumed the top job in May 2017. Sales from FY17 through FY19 rose from $1,000,501,000 to $1,129,655,000, a $129.1 million (12.9%) increase during his tenure.

    "We've accomplished a tremendous amount in the last two and a half years," Delacenserie said. "We strengthened our brand by creating a new lottery logo, improved product offerings by increasing payouts on our Scratch games, developed exciting new draw games, and enhanced our advertising support. And we upgraded product delivery systems, including vending machines with state-of-the-art touch screen technology."

    "By achieving these goals and with your help, we set, broke, and re-set sales records each year I was here. More importantly, in the process we increased overall transfers to the Commonwealth to fund college scholarship and grant programs, helping Kentucky students stay home to pursue their degrees," he said.

    Cash transfers to the Commonwealth rose during Delacenserie's term from $247.7 million in FY17 to $272.7 million in FY19, a $25 million (10.1%) increase.

    "Tom has led the charge in Kentucky in an ever-challenging gambling landscape, and his efforts and those of the Lottery team have helped send more kids to college," said Mark F. Sommer, chair of the Lottery's board of directors. "Kentucky students have benefitted greatly from Tom's efforts and vision, and he leaves the Kentucky Lottery in great shape to continue its mission."

    Sommer noted that under Kentucky statute the Governor appoints the KLC President and CEO with the Board serving to confirm the appointment. Governor Beshear's staff has requested the Lottery post the position and search information through the organization's website, kylottery.com.

    Current Kentucky Lottery COO Marty Gibbs will serve as interim president and CEO, while current Vice President and Corporate Controller Maggie Garrison will serve as Interim COO until the new president and CEO is in place. Additionally, Sommer said Delacenserie will serve as a consultant during the transition and search on an as needed basis.

    Delacenserie came to Kentucky from Florida, where he served as secretary of the Florida Lottery. "I'll miss this industry, the friends I've made, staff at the numerous stores I've visited, and of course the dedicated staff here at the Kentucky Lottery. At the same time, I have grandchildren I'd like to spend more time with and my bride of almost 50 years who has been waiting patiently," he said.

    In other news from today's meeting, the board:

    • Learned total sales from July through December were $540.8M, which is $3.5M less than last year and $32.2 behind budget. A lack of large jackpots in the Powerball and Mega Millions games account for the decline from last year.
    • Heard net income before transfer of dividends has dropped $21.6 million from last year (and $8.4 million below budget) to $121 million. This is due not only to the lack of sales again from those large jackpot games, but also players winning $17.5 million more in prizes than the same period last year.
    • Approved a contract with SmartPlay International Inc. for random number generator systems and related services;
    • Approved a contract with Garron Lottery Products for draw machines and ball sets and related services, and;
    • Approved rules and regulations for five scratch-off tickets and six Instant Play games.

    The next meeting of the KLC's board of directors will be March 27th. The meeting will begin at 10:00 AM EST, and will be held at the KLC headquarters at 1011 West Main Street in Louisville. The audit committee meeting will begin at 8:30 AM EST, as well as the procurement committee at 9:00 AM EST.

    Was so glad to have met him this past summer, a very nice gentleman.

    BTW Todd, I mentioned your name to Chip Polston and gave you kudos the same day.

    Hopefully his replacement has forward thinking like Tom has.

      Todd's avatar - Cylon 200.jpg
      50
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      25869 Posts
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      Was so glad to have met him this past summer, a very nice gentleman.

      BTW Todd, I mentioned your name to Chip Polston and gave you kudos the same day.

      Hopefully his replacement has forward thinking like Tom has.

      Awesome! Hopefully you got a chance to discuss Corvettes with him.

       

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        Avatar
        Simpsonville
        United States
        Member #163184
        January 22, 2015
        2281 Posts
        Offline

        Awesome! Hopefully you got a chance to discuss Corvettes with him.

        I didn't.   Said he loves to ride a motorcycle through the countryside.

          Avatar
          Shelbyville, KY
          United States
          Member #167329
          July 6, 2015
          155 Posts
          Offline

          Was so glad to have met him this past summer, a very nice gentleman.

          BTW Todd, I mentioned your name to Chip Polston and gave you kudos the same day.

          Hopefully his replacement has forward thinking like Tom has.

          Interesting

          Get em!

            Avatar
            Kentucky
            United States
            Member #32651
            February 14, 2006
            8995 Posts
            Offline

            Learned total sales from July through December were $540.8M, which is $3.5M less than last year and $32.2 behind budget. A lack of large jackpots in the Powerball and Mega Millions games account for the decline from last year.

            Bet almost every state lottery (if not all) had the same problem. Just goes to show how valuable monster jackpots are, regardless where they are won.

            Mister we could use a man like Herbert Hoover again