Advertisement

Archive for Wednesday, July 15, 2009

Kansas Lottery reports declining revenue

July 15, 2009

Advertisement

— The Kansas Lottery reports a 2.6 percent drop in sales for the fiscal year that ended June 30. That translates to a $6 million decline in revenue.

The Lottery said Wednesday that fiscal year 2009 sales were $230 million, down from $236 million in fiscal 2008.

The Lottery also says it transferred $68 million to the state in the latest year, about $2 million less than in fiscal 2008.

Lottery Executive Director Ed Van Petten attributes the lower sales to several factors, including the tight economy and the lack of big jackpots for Powerball and Super Kansas Cash. Van Petten said Keno revenue dropped because many locations where the game is offered became non-smoking, driving away customers.

Comments

mdrndgtl 5 years, 5 months ago

The Kansas Lottery is running out of ways to convince us to throw away our money.

timetospeakup 5 years, 5 months ago

It's too bad, if this voluntary tax dries up, they'll make a new one that is mandatory for everyone.

tangential_reasoners_anonymous 5 years, 5 months ago

( Time to revise the new math. The kids are catching on. )

Shardwurm 5 years, 5 months ago

Nah...welfare checks have been delayed again...it will pick up.

Commenting has been disabled for this item.