Kentucky Lottery’s CEO to step down

The CEO of the Kentucky Lottery has announced that he will retire in March, just a few years after assuming his position.

US.- The Kentucky Lottery will be forced to make some changes in the next couple of months, as its Chief Executive Officer (CEO), Tom Delacenserie, has announced that he will retire on March 6.

Through a statement, the official highlighted the achievement made since he took the role in 2017. Since he assumed his position, sales increased from around US$1 billion to more than US$1.1 billion, and sales broke records each year.

“We’ve accomplished a tremendous amount in the last two and a half years,” Delacenserie said during a lottery board meeting last week. “We strengthened our brand by creating a new lottery logo, improved product offerings by increasing payouts on our Scratch games, developed exciting new draw games, and enhanced our advertising support. And we upgraded product delivery systems, including vending machines with state-of-the-art touch screen technology.”

Kentucky Lottery COO Marty Gibbs will serve as interim president and CEO until the company finds a permanent replacement for Delacenserie.

Sports betting bill advances in Kentucky

Kentucky wants to become the next state in the US to have legalised sports betting. This might be a possibility thanks to a House committee that advanced a sports betting bill with a unanimous vote earlier this month.

The House Licensing, Occupations and Administrative Regulations Committee voted 18-0 in favour of the bill that would bring US$22.5 million a year in taxes. The bill is now headed to the House.

Governor Andy Beshear has already said that he supports the bill, and even mentioned it during the State of the Commonwealth speech on Tuesday, a day before the vote took place.

While this isn’t the first attempt to legalise sports betting in Kentucky, this specific bill would allow betting on college sports teams, something that was previously excluded from any other bill.