West Virginia Lottery passes $1bn revenue mark with two months left in FY2022

West Virginia Lottery
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The West Virginia Lottery recorded $111.5m in sales for April to help the company push past the $1bn mark with two months remaining of FY2022.

As reported by West Virginia MetroNews, the lottery’s April figures were aided by $43.7m in limited video lottery, $42.6m in racetrack video lottery and $13.8m in instant games.

Furthermore, the lottery achieved $1.3m in igaming revenue in April, double the amount it took in the same month last year.

Revealed at Wednesday’s Lottery Commission meeting, the lottery has recorded $1.06bn in sales during the first 10 months of FY2022, making it the 20th time out of the past 21 years that it has surpassed the $1bn mark.

Limited video lottery revenues of $410m played a significant factor in ensuring this, while racetrack video lottery revenues played a similarly important role, achieving $395m in sales so far.

The lottery has also collected $30m in revenue from table games during the first 10 months of the fiscal year.

Additionally, its relatively new offering of igaming has brought in revenues of $10.5m.

Looking ahead, there is an expectation that the lottery could finish the year with around $1.5bn in total sales.