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Company Hired To Run The Hoosier Lottery May Fall Short Of Revenue Projections

GTECH logo
GTECH logo

The company that has been hired by the state to manage the Hoosier Lottery is having a hard time living up to its promises.

Gtech Indiana promised in 2012 that if it were allowed to become the

Lottery’s operator that it would reach net income of $256 million for the 2014 fiscal year.

That ends June 30.

That would result in about $248 million in income to the state.

Gtech is about $154 million short of that goal now and if it doesn’t hit its target, it will have to make up the difference to the state.

Gtech says that the sales trends are looking up and they think they can hit the target.

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