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Kentucky losing lottery sales to Tennessee
Kentucky Lottery officials say they have their first hard evidence that Tennessee's new lottery has chipped away at their income: Kentucky lost about $1.85 million in the $213 million Powerball drawing on May 8.Before Tennessee's lottery started on Jan. 20, Kentucky officials estimated that 11 percent of all Kentucky lottery tickets were purchased by Tennessee residents crossing the border to buy them.The Tennessee Lottery started with a few scratch-off games but has been steadily building its o
May 17, 2004, 7:31 am - Todd - Lottery News
Kentucky Lottery has record sales over six months
Tennessee start-up clouds forecast for full fiscal yearTwo large Powerball jackpots and some high-priced scratch-off games helped the Kentucky Lottery post record sales for the first half of the fiscal year.But a possible dip in sales because of a new lottery in Tennessee makes a full fiscal-year forecast difficult, lottery officials said.Through Dec. 31, the lottery board paid the state about $90.million in dividends, compared with about $85.million for the first six months of fiscal 2002-03.Th
Feb 3, 2004, 5:26 am - Todd - Lottery News
Will Tennessee's new games cloud Kentucky lottery's future?
Kentucky has Daniel Boone, Abe Lincoln, Adolph Rupp, Loretta Lynn, and Ashley Judd.Tenessee has Davy Crockett, Andy Jackson, Bob Neyland, Dolly Parton, and Dixie Carter.For a couple of centuries, there has been a border rivalry between Kentucky and Tennessee as the states have dueled over history and heroes and have had spats over sports and politics. Now the rivalry has become more serious than ever. The Big and the Big Orange are fighting over the Big Green - as in money.Kentucky has the lotte
Jan 27, 2005, 10:57 am - Todd - Lottery News
Kentucky lottery sales fall, but still exceed forecast
Tennessee games cut into revenue The year-old Tennessee Lottery continues to have less impact on Kentucky Lottery revenues than expected, with ticket sales for the first six months of fiscal 2004-05 down just 8 percent from the same period last year.Sales from July 1 through Dec. 31, 2004, were $20 million higher than forecast last spring, when officials were still trying to gauge the impact of the competing Tennessee Lottery, directors of the Kentucky Lottery Corp. learned at a meeting late las
Jan 25, 2005, 11:00 am - Todd - Lottery News
All Kentucky lottery money to fund education
Finally fulfilling the promise made 17 years ago to voters who approved a state lottery, all of the Kentucky Lottery's revenue will go directly to education beginning today specifically to fund college scholarships.That means students who meet financial criteria will get larger awards, and more students will receive both need-based and merit-based scholarships.A projected $167 million in lottery proceeds over the next 12 months will fund the scholarships an increase from $134 million last ye
Jul 1, 2005, 11:21 am - Todd - Lottery News
Tennessee lottery puts dent in Southern Kentucky sales
Lotto Land is located along Interstate 65 in Southern Kentucky, well positioned to win the business of Tennesseans who long lacked their own state lottery.But Lotto Land, in Franklin, and other Kentucky Lottery retailers along the border have seen a slowdown in sales since Tennessee's lottery started Jan. 20 with four scratch-off games.Lottery sales in seven border counties fell by 12 percent in the Tennessee lottery's first five weeks, according to the Kentucky Lottery Corp. The dropoff is expe
Apr 6, 2004, 4:12 am - Todd - Lottery News
Mary Harville appointed President and CEO of Kentucky Lottery
New leadership follows strong sales of more than $1.2 billion for fiscal year of 2020
By Kate Northrop
After a selection committee reviewed over 350 potential candidates for the position, Mary Harville was chosen from a national pool of potential successors and was appointed President and CEO of the Kentucky Lottery Corporation by Governor Andy Beshear.
Prior to Harville's confirmation by the lottery's board of directors, Tom Delacenserie retired from the position in March after serving
Sep 17, 2020, 8:47 pm - Todd - Lottery News
Kentucky to post record sales
Kentucky sales numbers soar despite losing substantial border ticket sales to TennesseeThe Kentucky Lottery Corp. expects its sales this fiscal year, which ends June 30, to hit a record $723.8 million meaning an extra $11 million for the state.That sales total would be about 8 percent higher than the previous peak, $673.5 million, which was set last year. And this year, state government's share will be a record $192 million, up from last year's previous record $180.7 million, officials estimated
Jun 4, 2004, 7:39 am - Todd - Lottery News
Kentucky Lottery works to counter revenue loss
Even as they celebrated the 15th anniversary of the start-up of the Kentucky Lottery and predicted a strong finish to the fiscal year lottery officials acknowledged an uncertain future yesterday.That's due in large part to new competition from a neighbor. Tennessee, whose residents once were responsible for 12 percent to 15 percent of the Kentucky Lottery's sales, started its own lottery this year.Yesterday, Tennessee added the Powerball to its lineup.Kentucky Lottery spokesman Chip Polston said
Apr 20, 2004, 7:14 am - Todd - Lottery News
Tenn. lottery fans make fewer runs for the Kentucky border
Gene Dotson is something of a video-game-stool philosopher of luck.As a regular lottery player, the retiree from Nashville has good reason to think about these things.''Is there such a thing called luck?'' Dotson asked Tuesday, a twinkle in his eye and a cigarette between two fingers as he played a video poker game at a lottery outlet just north of the Tennessee-Kentucky line, 36 miles from home. ''Is it who you are? ''Why do people keep doing it? Why do I keep doing it?''Whatever the cosmic an
Aug 2, 2004, 9:52 am - Todd - Lottery News