Oregon Lottery Reports Record Profits
9 Aug 2005
SALEM, Oregon – As reported by Oregon Public Radio: "The Oregon Lottery says the year that ended July first saw record profits for state-run gambling, just as the agency is putting electronic slot machines in bars and restaurants. The 5% jump in revenue last year is in line with annual increases at the lottery over the last two decades.
"Lottery director Dale Penn says he expects the new slot machines to boost revenue even further, but those estimates aren't figured into last year's sales numbers.
"…The Lottery finished the 2005 fiscal year with $940 million dollars in profits. That's $47 million more than the previous year."