{"id":2282129,"date":"2024-06-23T11:46:56","date_gmt":"2024-06-23T15:46:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/digital-instant-snaps-sagging-north-carolina-lottery-revenue-washington-examiner\/"},"modified":"2024-06-23T11:55:27","modified_gmt":"2024-06-23T15:55:27","slug":"digital-instant-snaps-sagging-north-carolina-lottery-revenue-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/digital-instant-snaps-sagging-north-carolina-lottery-revenue-washington-examiner\/","title":{"rendered":"Digital Instant snaps sagging North Carolina Lottery revenue &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdigital-instant-snaps-sagging-north-carolina-lottery-revenue-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2282129&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Digital lottery games have played a crucial role in \u2064boosting lottery revenue in Northrist\u200d Carolina, compensating for declining sales\u200b of traditional lottery tickets. \u2063Thanks to the availability of \u200conline games, which don&#8217;t require a physical store purchase, revenues have not only been sustained but have increased. As of May, total \u200dlottery sales for the fiscal year amounted to $4.9 billion, marking \u200dan increase \u200dof $857.3 million compared to the previous year. This \u2062surge is largely attributed to\u2064 the \u2064popularity and accessibility \u200dof \u2064digital\u2064 games.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>(The Center Square) \u2013 Digital lottery games in North Carolina have come to the rescue to more than offset sagging sales of traditional lottery tickets.<\/p>\n<p>Without the new digital games, which can be played online without having to go to a store to purchase a ticket, state lottery revenues probably would have dropped so far this fiscal year, which ends June 30.<\/p>\n<p>Through May, total lottery sales in North Carolina were $4.9 billion, $857.3 million higher than the same date last year, thanks in large part to digital games, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/maryland-man-wins-2-million-prize-from-scratch-off-ticket-for-second-time\/\" title=\"Maryland Man Wins  Million Prize from Scratch-Off Ticket for Second Time\">lottery officials<\/a> said.<\/p>\n<p>May numbers tell the story of the success of digital games.<\/p>\n<p>In May, total lottery sales were $534.7 million which was $176.2 million or 49.2% higher than last year, thanks in part to digital games, lottery officials said. Scratch-off <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/9-horror-movie-cliches-that-need-to-die\/\" title=\"9 Horror Movie Cliches That Need to Die\">ticket sales<\/a> were $245 million in May, down $10 million or 3.9%. Sales of tickets for the so called \u201cdraw\u201d games such as Powerball and Megamillions were down $5 million.<\/p>\n<p>\u201cThe launch of Digital Instant games has been instrumental for us to be able to see year-over-year revenue gains,\u201d Greg Bowers, the lottery\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-walks-back-regulation-protecting-single-sex-homeless-shelters\/\" title=\"Biden Administration Walks Back Regulation Protecting Single-Sex Homeless Shelters\">deputy executive director<\/a> of finance, administration and security told the state lottery board this week. \u201cWe had been predicting that sales had peaked in traditional lottery sales or would slow. That time is now.\u201d<\/p>\n<p>The entire U.S. lottery industry is experiencing a slowdown in traditional lottery ticket sales, he added.<\/p>\n<p>\u201cWe are not immune to the current trends we are seeing out there across the country,\u201d Bowers said. \u201cHowever, with the introduction of Digital Instant we have mitigated those losses and increased overall sales revenue. Without Digital Instant, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cherokee-nation-asks-jeep-to-drop-name-of-top-selling-vehicle-saying-it-does-not-honor-us\/\" title=\"Cherokee Nation Asks Jeep To Drop Name Of Top-Selling Vehicle, Saying It \u2018Does Not Honor Us\u2019\">total sales<\/a> for traditional lottery games are lower than last year.\u201d<\/p>\n<p>So far this fiscal year, sales of scratch off tickets are $2.7 billion, a decrease of 2.1% from the same period last year.<\/p>\n<p>Profits from the lottery are used for education, including pre-K programs, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-president-trump-gives-pardons-to-73-individuals-and-commutes-another-70-sentences-steve-bannon-is-included\/\" title=\"BREAKING: President Trump Gives Pardons to 73 Individuals and Commutes Another 70 Sentences \u2013 Steve Bannon Is Included\">college scholarships<\/a> and school construction. The lottery has raised more than $10 billion for education since it was launched in 2006, according to the commission.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>In March, legalized sports betting kicked off in North Carolina and so far has generated $42 million in revenue for the state.<\/p>\n<p>By law, that revenue must be used for gambling education and addiction programs, youth sports and public-school college athletics.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital lottery games have significantly boosted North Carolina&#8217;s lottery revenues, compensating for declining traditional ticket sales. These online games allow players to participate without visiting a store, likely preventing a drop in overall state lottery income<\/p>\n","protected":false},"author":1,"featured_media":2282130,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/iStock-157308559-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[9344,32257,32259,32258,32076],"class_list":["post-2282129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-digital","tag-instant-snaps","tag-lottery-revenue","tag-north-carolina","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/iStock-157308559-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2282129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2282129"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2282129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2282130"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2282129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2282129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2282129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}