Louisiana Lottery Corporation · Baton Rouge, LA United States
Company Description
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Louisiana Lottery likes it when people get an itch to scratch. The company operates the state's lottery activities, which include both instant scratch-off games and lotto. Louisiana also participates in the Multi-State Lottery Association's Powerball game. Half of the company's annual $180 million in revenue goes to prize winners, while the rest goes to the state treasury (35%), lottery operations funding (10%), and lottery retailers (5%). A state amendment requires that the treasury funds go into state education coffers. The Louisiana Lottery Corporation was formed in 1991 by the state legislature; it is a true corporation not a state entity. To read the full description, subscribe now.
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Key Louisiana Lottery Corporation Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | June |
| Employees | 147 |
Louisiana Lottery Corporation Executives
17 executives listed for Louisiana Lottery Corporation's Baton Rouge, LA location.
| Title | Name & Bio | Contact |
| Chairman | O. Kent Andrews | Network |
| Vice Chairman | Edwine Billiot | Network |
| Rose Hudson | Network |
Competition
Competitive Landscape for Louisiana Lottery Corporation
Growth in consumer income and state spending has driven expansion of the US gambling industry. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make large investments in facilities and efficient computer operations, and have cross-marketing opportunities. Small gambling facilities can thrive by catering to local residents, who may not be able to afford travel to gambling centers such as Las Vegas or Atlantic City. To read the full description, subscribe now.Top Louisiana Lottery Corporation Competitors
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