Wednesday, September 12, 2012

Arkansas lottery matures; what now?

Posted By on Wed, Sep 12, 2012 at 6:50 AM

lotto.JPG

That didn't take long. Arkansas started selling lottery tickets in September 2009 and three years later we have solid evidence — in a 7 percent drop in sales the last two months, according to an article in the Democrat-Gazette (pay wall) — of the inevitable maturing of the lottery.

The experience in every other state told us that, apart from population growth, percentage of free income is more or less unchanging. See Texas, to name one, where net lottery income has more or less been flat for nine years.

Unless you can find ways to encourage more people to separate themselves from more of their money, the growth arc of lotteries won't be great. Arkansas Lottery officials blame the economy and weather for the recent downturn, though there's some research that indicates hard times actually encourage desperate people to gamble more.

Whatever. The Arkansas Lottery can't count on exponential growth to expand the scholarship pool it finances, so legislators are figuring out ways to reallocate the money. This could mean future fights between two-year and four-year college students. One proposal would stairstep the money — more for each successive year along a degree path. This inevitably would favor those better able to pay in the first place, not simply those with better academic achievement. As the percentage of college costs paid by the lottery scholarships continues to decline, the likeliest dropouts will continue to have a high correlation with financial pressures.

Arkansas, like other states, will continue to search for ways to increase gambling. More marketing, more games. You can see why the dearly departed Ernie P. had an interest in keno and video lottery terminals. Illinois has even started online lottery ticket sales.

Tags: ,

Favorite

Speaking of Arkansas Lottery

  • Legislative committee refuses to OK lottery ad contract UPDATE

    January 18, 2017
    A review subcommittee of the Joint Budget Committee this morning failed to "review," or approve, the $34.5 million contract with CJRW to take over the Arkansas Lottery's marketing, which had been held by Mangan Holcomb. But that isn't the end of it. /more/
  • Challenges of lottery ad contract rejected

    January 5, 2017
    The latest on the contest of award of the contract to handle advertising for the Arkansas Lottery is a letter from the state procurement director,, Edward Armstrong, rejecting challenges to the proposed award of the business to CJRW. /more/
  • Protest filed over lottery's ad firm choice

    December 15, 2016
    Kyle Massey at Arkansas Business has a good rundown on a developing controversy in the advertising world — the Arkansas Lottery Commission's award of its advertising work to CJRW. /more/
  • Winners, losers

    December 15, 2016
    The Arkansas Lottery limps along with generally static revenue. It is under-producing money for college scholarships and the awards continue to lose ground against college tuition increases required by declining state general revenue support. /more/
  • Lottery ticket worth $1 million

    October 24, 2016
    William Tinzie of Forrest City claimed a $1 million prize with a $20 Golden Ticket purchased at Jordan's Kwik Stop in Wynne. /more/
  • Lottery reports revenue increase in July

    August 10, 2016
    The Arkansas lottery reported today that lottery ticket sales were up more than $6.5 million in July compared with July 2015, thanks in part to big sales of tickets in the national Powerball and Mega Millions games. /more/
  • Pine Bluff lottery ticket worth $1 million

    August 9, 2016
    Stacy Tackett of Pine Bluff won $1 million in a drawing from losing lottery tickets, the Play It Again contest, the state lottery announced. Her loser, which turned into a winner, was purchased at a Valero outlet in Pine Bluff. According to the lottery, she'll buy a  truck, set up trusts for her children and save the rest. /more/
  • Arkansas lottery up over previous year, still down from startup

    July 11, 2016
    Arkansas lottery sales in the year ending June 30 were up sharply over the previous year, if well below projections for scholarship proceeds when the lottery was established as well as earliest results /more/
  • Lottery revenue continues to improve against last year

    June 10, 2016
    The Arkansas Lottery reports that it netted $6.6 million in May for scholarships, about $200,000 above budget. That put revenue for the first 11 months of the budget year at $74.1 million, about $5 million above budget and $10 million above last year. /more/
  • Ray Thornton dies at 87

    April 13, 2016
    Arkansas Business reports the death this morning of Ray Thornton, 87, a former congressman, Arkansas Supreme Court justice and president of the University of Arkansas and Arkansas State University. /more/
  • More »

Comments (10)

Showing 1-10 of 10

Add a comment

 
Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

Readers also liked…

Most Shared

  • Home again

    The plan, formulated months ago, was this: Ellen and I were going to go to Washington for inauguration festivities, then fly out the morning after the balls for Panama City and a long planned cruise to begin with a Panama Canal passage.
  • Who needs courts?

    Not since the John Birch Society's "Impeach Earl Warren" billboards littered Southern roadsides after the Supreme Court's school-integration decision in 1954 has the American judicial system been under such siege, but who would have thought the trifling Arkansas legislature would lead the charge?
  • Bungling

    If the late, great Donald Westlake had written spy thrillers instead of crime capers, they'd read a lot like the opening weeks of the Trump administration.
  • UPDATE: Campus carry bill amended by Senate to require training

    The Senate this morning added an amendment to Rep. Charlie Collins campus carry bill that incorporates the effort denied in committee yesterday to require a 16-hour additional training period before university staff members with concealed carry permits may take the weapons on campus.
  • Director to resign from state court administrative office

    Supreme Court Chief Justice John Dan Kemp announced today the resignation of J.D. Gingerich, long-time director of the administrative office of the courts.

Visit Arkansas

New Crystal Bridges exhibit explores Mexican-American border

New Crystal Bridges exhibit explores Mexican-American border

Border Cantos is a timely, new and free exhibit now on view at Crystal Bridges.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation