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Strong year for Massachusetts Lottery despite COVID-19 impact

22nd July 2020 10:35 am GMT

The Massachusetts State Lottery has reported revenue of $5.25bn for its fiscal year ended 30 June, the third highest total in its 49-year history.

Despite being impacted by the COVID-19 pandemic, it marks the sixth consecutive year that revenue has surpassed the $5bn mark, although revenue was down 5 per cent compared to the previous year’s record $5.51bn, pushing net profit down by 11 per cent to $979m.

“Our top priority during these unprecedented times has been [...]

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