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New Jersey Lottery Revenue Tops $2 Billion19 August 2004Las Vegas Sun TRENTON, New Jersey -- New Jersey lottery revenue rose more than 5 percent in the past fiscal year, topping $2 billion in sales for the third consecutive year. The Lottery Commission's acting executive director, William Jourdain, attributed the increase to the growing popularity of instant games, particularly the Internet-based Cyber Slingo. "The impact of the New Jersey Lottery's success this year is felt by the entire state," said the lottery's acting executive director, William Jourdain. "Strong sales translate into more prize money for our players, higher commissions for our retailer network and most importantly increased funding for important state programs." The lottery is the state's fourth-largest individual revenue producer, behind income, sales and corporate business taxes. Copyright © Las Vegas Sun. Inc. Republished with permission. |