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spacer August 08, 2007

Delaware Lottery Sets All-Time Revenue Record in Fiscal Year 2007

Dover, DE -- The Delaware Lottery announced that it set an all time record in overall sales for ticket games and video lottery during the 2007 fiscal year (for year ending June 30, 2007). Because of the increase in game play, the Lottery's contribution to the State General Fund was $256.7 million, also a new state record. This amount represents a $7.9 million, or 3% increase over the previous fiscal year.

"This year exceeded our expectations for game play as we experienced record growth in several product areas: PLAY 4, Instant Games and Video Lottery," said State Lottery Director Wayne Lemons. "Our revenue has grown amidst considerable competition, and the Delaware Lottery has shown the ability to engage players and help the state at the same time."

The Lottery's record General Fund contribution is comprised of the State's share of net proceeds from Video Lottery operations at the three licensed horse racing facilities in Delaware and net proceeds from lottery ticket sales at approximately 500 licensed businesses operating throughout the State. The General Fund is the pool of dollars that finances the majority of state services in Delaware in such areas as education, public safety and protecting the environment.

"This contribution represents the fourth largest source of income for the state," added Lemons. "Our goal has always been to maximize our contribution to the General Fund, thus helping the State better serve Delawareans, while simultaneously delivering entertaining, fun and fair games to our players."

Since the start of operations in 1975, the Delaware Lottery has contributed more than $2.5 billion to the state's General Fund to help finance needed state services that benefit everyone in Delaware. The Lottery offers a variety of games: POWERBALL®, MULTI-WIN LOTTO, PLAY 3, PLAY 4, assorted Instant Games, and Video Lottery.

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Vernon Kirk
Director,
Delaware Lottery

Delaware Lottery Office
McKee Business Park
1575 McKee Road, Suite 102
Dover, DE 19904
Phone: 302-739-5291
Fax: 302-739-6706

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