National Lottery director McIntyre reports tripled net revenues at committee meeting

April 25, 2025 | Senate , Committees , Legislative, New Hampshire


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National Lottery director McIntyre reports tripled net revenues at committee meeting
New Hampshire's Senate Finance Committee received promising news regarding the state's lottery revenues during a recent meeting on April 25, 2025. Charlie McIntyre, the director of the National Lottery, reported that net revenues have tripled since 2015, while expenses have not even doubled, indicating a strong financial performance.

McIntyre presented a handout detailing the lottery's gross revenues, net revenues, and expenses, emphasizing the agency's efficient management of funds. He highlighted that the upward trend in revenue is expected to continue, with revised guidance indicating increased revenue projections for the current fiscal year and the next two years. This positive outlook is not only beneficial for the lottery but also for the state, as these funds contribute to various public services.

The meeting concluded with McIntyre expressing gratitude for the committee's attention and inviting any final questions. The discussions underscored the importance of the lottery's financial health and its role in supporting state initiatives, leaving committee members optimistic about future funding opportunities.

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Scribe from Workplace AI
Scribe from Workplace AI