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Virginia Lottery March profits took a big hit
The Virginia Lottery is still running during the COVID-19 pandemic, but its March profits dropped 28 percent, according to a new agency report. The Lottery took in $48 million in profits for March, down more than a quarter compared to the same month last year. Though Gov. Ralph Northam has shut down virtually all types of indoor entertainment including the Rosie's gambling facilities operated by Colonial Downs he has not ordered the Lottery, a state agency, to stop selling tickets. Most Lo
Apr 22, 2020, 6:45 pm - Lottery News

Strong Iowa lottery sales are slipping: The culprit? You guessed it, COVID-19
After eight months of Iowa Lottery ticket sales topping budgeted projections, those sales are starting to arc downward. One of the reasons: 95 of the retail outlets selling lottery tickets are shuttered under Gov. Kim Reynolds' COVID-19 orders, Iowa Lottery officials said Wednesday. Through the first three quarters of fiscal 2020, lottery sales were running 1.8 percent ahead of last year's record pace. However, sales of lottery products in March were about $2 million short of the budgeted
Apr 21, 2020, 8:21 am - Lottery News

Mississippi lottery revenue dips in March amid pandemic
State revenue from the Mississippi Lottery decreased in March as people began facing restrictions because of the coronavirus pandemic. The Mississippi Lottery Corporation said it deposited $9.9 million into the state treasury the net proceeds from lottery games played during March. Mississippi has collected more than $37.5 million from the lottery since it started operating in November. The state collected $11.6 million from lottery games played in February, $8.4 million during January
Apr 21, 2020, 7:41 am - Lottery News

Coronavirus impacting North Carolina lottery sales
The North Carolina Education Lottery has increased sales which climbed to $2.6 billion in 2018, according to the North American Association of State and Provincial Lotteries every year since it was established in 2005. A global health crisis could change that. As the number of coronavirus cases continues to climb across North Carolina and Gov. Roy Cooper weighs extending a statewide stay-at-home order, the lottery is experiencing a marked decrease in players. That's in part by design, o
Apr 17, 2020, 12:06 pm - Lottery News

Maine lottery sales drop during coronavirus pandemic
Fewer people are going outside because of the COVID-19 coronavirus outbreak, which is impacting the number of lottery tickets people are buying. Maine lottery sales are down more than $1 million since January. It's not terribly surprising, said the director of communications for the Maine Department of Administrative and Financial Services, Kyle Hadyniak The Maine State Lottery has never seen a decline like this. We recognize that there are a list of factors in play that would prev
Apr 17, 2020, 11:53 am - Lottery News

Coronavirus severely hurting Massachusetts Lottery sales
The Massachusetts State Lottery is taking a big hit as the COVID-19 state of emergency temporarily shutters many stores that sell tickets, Treasurer Deborah Goldberg told lawmakers Tuesday. More than 1,800 of the state's 7,500 lottery agents are closed, she said. Many stores that remain open have chosen to limit or eliminate lottery sales as a result of staff shortages. Total sales last week were down almost 33% from the same week last year. So far for April, sales of Keno, one of the best
Apr 15, 2020, 8:19 am - Lottery News

Declining lottery sales prompt more Powerball jackpot changes
The Powerball Product Group today announced its decision to further modify the rules for determining each successive Powerball jackpot roll, and set a firm implementation date rather than waiting for the next jackpot winner. Today's changes are in addition to the modifications announced just last week. The new Powerball rules for determining the advertised jackpot will be based strictly on game sales and interest rates, completely eliminating guaranteed starting jackpot amounts and minimum
Apr 2, 2020, 5:16 pm - Lottery News

Ireland Lottery releasing €16 million in unclaimed funds to help battle against COVID-19
Unclaimed Ireland Lottery funds of 16 million (US$17.5 million) are being rapidly released to help battle coronavirus. The money will see its way towards the frontline as the country ramps-up its response to the unprecedented spread of the lethal disease. Paschal Donohoe has announced that the windfall from the National Lottery is coming into the government's coffers early. This will help the Government's efforts now as the country battles to beat back the deadly virus. The money wil
Apr 1, 2020, 2:35 pm - Lottery News

U.S. gaming industry hanging hopes on stimulus package
Hit hard by the coronavirus pandemic, the American gaming industry, including the expanding legal sports betting market, is optimistic the federal relief bill signed into law Friday by President Donald Trump will help its recovery. The $2 trillion CARES Act provides emergency liquidity, tax relief and additional support for small businesses, among other measures that could benefit the gaming industry. The funds will be allocated to states then apportioned to individual industries based on eco
Mar 31, 2020, 8:47 am - Lottery News

Coronavirus has brought casino industry 'to a near standstill'
The Covid-19 coronavirus has effectively quarantined the nation's gaming industry. More than three dozen states with commercial casinos or Indian gaming facilities have taken actions to suspend casino operations, enacted limitations that led to a shutdown, or have seen gaming companies and tribal leaders independently close their properties. By late Tuesday, MGM Resorts International one of the nation's leading gaming companies will no longer have a casino property in operation in the U.S.
Mar 21, 2020, 11:01 am - Lottery News