CHARLESTON, W.Va. (AP) – Gross revenues from the West Virginia state Lottery have topped $1 billion for the 17th straight year.
The Charleston Gazette-Mail reports the 2018-19 revenues increased by about $52 million from the previous year, defying the Lottery’s projections that revenues would instead fall.
The Lottery’s deputy director for finance, Dean Patrick, on Wednesday told some Lottery Commission members about how the projection was formed. He said it was influenced by the expected slowdown in business at the Wheeling Island casino and expected accessibility issues due to Interstate 70 renovation projects.
Some construction was postponed and declining Limited Video Lottery revenue unexpectedly rebounded, shooting up by about $24 million from the previous year and grossing $392 million.
Lottery Director John Myers says the organization is “tickled” with the way things turned out.
Information from: The Charleston Gazette-Mail, http://wvgazettemail.com.
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