WV Public Broadcasting Staff
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Fri February 28, 2014
W.Va. Lottery Revenue Falls in January
West Virginia Lottery officials say revenue continued to drop in January.
The Charleston Gazette reports 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.