Lottery sales dip as ad budget dries up
Maryland State Lottery revenues have continued to grow despite major cutbacks to the agency’s advertising budget, but officials warned lawmakers Tuesday that the good times won’t last.
Gina Smith, the interim lottery director, said at a Senate budget hearing that she has seen a decline in lottery sales in recent weeks, a phenomenon she says is tied to this year’s $8 million drop in marketing cash.
“We’ve now reached the point where we’re running out of money and our spending is going to be much less throughout the rest of the fiscal year,” Smith said.
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