Report: State Lottery Revenues Down $94 Million from 2013
West Virginia lottery revenues are on pace to finish behind last fiscal year.
A report given to the state Lottery Commission on Thursday shows gross revenues through April were about $1.01 billion. It's the 11th straight year that lottery revenues have reached the $1 billion mark.
The Charleston Gazette reports year-to-date lottery revenues are about $94 million behind the same period last year due to declining revenues at the state's four racetrack casinos, whose business is being hurt by gaming facilities in other states.
Racetrack video lottery revenues have declined 10 percent so far this fiscal year to $490 million compared to last year, while table game revenues have dropped 30 percent to $42 million.
The fiscal year ends June 30.