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W.Va. Lottery revenue falls in January

February 28, 2014
Associated Press

CHARLESTON, W.Va. (AP) — West Virginia Lottery officials say revenue continued to drop in January.

The Charleston Gazette reports (http://bit.ly/1oaGoT3) that state lottery revenue fell 12 percent from January 2013 to $89.45 million.

Racetrack video lottery at the state's four racetrack casinos continued to fall in January, as competition in Ohio, Pennsylvania and Maryland continues to put a crunch on revenues.

Table games at the casinos experienced a sharper plunge, with gross revenue down 35 percent from a year ago. Traditional on-line and scratch-off games also were down.

Officials say year-to-date lottery revenue of $612.49 million is down 8 percent from the same point in the 2012-13 budget year.

The state's share of lottery profits year-to-date of $263.93 million is down $24.74 million from the same point in the previous budget year.

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Information from: The Charleston Gazette, http://www.wvgazette.com

 
 

 

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