Kansas Lottery Executive Director Terry Presta examined “Now & Future: Taking the Long View.”
The Kansas Lottery now pays its vendor, Scientific Games, based on gross gaming revenues (GGR), which is the net revenue after prizes are paid. “This is recognition of pressure on margins,” explained Presta. “Margins will compress towards casino margins over time. It more closely aligns our interests in preserving margins to maximize bottom line for both companies. The Kansas Lottery is also “future proofing” for success with its loyalty club, NASPL API project and new Racetrax monitor game.
Link to Powerpoint:
