• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Recreation / Entertainment / Iowa Lottery says sales meeting expectations

Iowa Lottery says sales meeting expectations

June 12, 2009 By admin

The Iowa Lottery says sales are down compared to last year, but lottery proceeds are on track to meet projections. Lotter C.E.O. Terry Rich says May was the best month so far this fiscal year.

Rich says one of the reasons for the good May is there was a high Powerball jackpot in April and May and he says the economy has people looking for cheap entertainment and the lottery fits that need.

Rich says they were also able to get a lot of promotion from the media for their new partnership with the Iowa tourism industry.

Rich says,"Everybody’s having trouble with the automobile industry and advertising basis – they had extra inventory and so when we went to them and said let’s together as a group promote things in Iowa to do this summer they stepped forward and gave hundreds and thousands of dollars in free advertising. And that combination I think made for a winning combination."

Rich says if June sales are strong, then they will end the fiscal year with 57 to 61 million dollars in profits. He says they are excited to be able to meet or exceed their projections in these tough economic times.

Rich says June sales are already running higher than last year and that’s because there was record flooding and record high gas prices last year that hurt sales. 

Share this:

  • Facebook
  • Twitter

Filed Under: Recreation / Entertainment Tagged With: Gambling

Featured Stories

Grundy Center man sentenced to life for killing State Trooper

Jodi Husientruit remembered 27 years after she disappeared

Iowa Supreme Court rules in Mahaska-Marion County regional airport dispute

Pheasant harvest and hunter numbers both up this year

Iowa Supreme Court overturns ruling creating constitutional abortion right

TwitterFacebook
Tweets by RadioIowa

Radio Iowa/Baseball Coaches Association High School Poll 7/4/22

Radio Iowa/Baseball Coaches Association High School Poll 6/27/22

AJ Green signs with Milwaukee

Iowa to host Georgia Tech in ACC/Big Ten Challenge

Iowa State adds a defensive back

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2022 · Learfield News & Ag, LLC