MARCH WAS “Problem Gambling Awareness Month” in Massachusetts, but for those in charge of the state lottery the gambling problem coming into the new year was that people weren’t doing enough of it. The lottery was seeing flat or declining sales in many of its games during the last half of 2022, which represented the […]
Deborah Goldberg
Posted inEconomy
A race to keep up – or to the bottom? Lottery bets big on $50 scratch ticket, online games.
MARCH WAS “Problem Gambling Awareness Month” in Massachusetts, but for those in charge of the state lottery the gambling problem coming into the new year was that people weren’t doing enough of it. The lottery was seeing flat or declining sales in many of its games during the last half of 2022, which represented the […]
Posted inEconomy
Mass. should suspend lottery ticket sales
LAST MONTH, Massachusetts Lottery officials announced recent sales figures for lottery tickets. The numbers aren’t pretty. Sales from the week ended April 18 were down 33 percent compared to the first week of March. The recent drop-off is due primarily to the fallout from COVID-19. Some businesses that sell lottery tickets have closed temporarily. Tickets […]
Posted inThe Download
Three takes on Lottery move
There are three ways to look at the Massachusetts Lottery’s decision to move its headquarters from Braintree to Dorchester. From an economic perspective, the move is expected to hike costs. The new lease is $15.2 million over 10 years, or an average of $1.5 million a year. The expiring Braintree lease is $2.2 million a […]