LONDON: The West Virginia Lottery finished the just-completed budget year with gross revenues of $1.136 billion, down more than $27 million from the previous year, according to a monthly revenue report by the state Lottery Commission. Most of the decline was from video lottery at the state’s four racetrack casinos, which dropped by more than $20 million from 2014-15, to $537.73 million for the 2015-16 budget year, which ended June 30. That’s about a 3.5 percent decline.
The racetracks, which continue to struggle against competing casinos in Ohio, Pennsylvania and Maryland, also saw revenues from table games fall $3.4 million to $43.5 million, a decline of more than 7 percent. Limited video lottery, offered in 1,355 bars, clubs and fraternal organizations around the state, fell $12.41 million, to $360.81 million for the year.
