Powell, WY (AP) - Wyoming's lottery chief has low revenue expectations for the first few years.
In an interview with the Powell Tribune this week, Wyoming Lottery Corporation CEO Jon Clontz says the lottery is expected to bring in $13 million to $17 million as it debuts. Earlier reports had suggested the state expected to bring in up to $20 million, but Clontz says more games are needed to hit that mark. Video lottery and scratch tickets are among the games banned under the lottery authorization bill signed into law in 2013.
Expenses are expected to take between 35 to 45 percent of revenue, leaving $6 million for counties, cities and towns and the remaining for the common school account in the state land trust fund.
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