Va. Lottery reports record $5.5B in FY24 sales
Virginia Lottery reported a record-breaking $5.5 billion in sales for fiscal 2024 and highest ever profits of $934 million, Gov. Glenn Youngkin announced Wednesday. In fiscal 2023, the state lottery reported $4.6 billion in revenue and $867 million in profits, which set the previous records for the state agency, which opened 36 years ago. Lottery […]
If it ain’t broke, don’t fix it
Khalid Jones moved to Richmond from New York City’s Upper West Side in April to start his new job as executive director of the Virginia Lottery. Virginia’s River City may move at a slightly slower pace than the city that never sleeps, but Jones found himself instantly at home. Richmond reminds Jones of his youth […]
Youngkin appoints lottery director, tax commissioner and chief transformation officer
Gov. Glenn Youngkin announced three new hires in his administration Friday, including a new lottery director, chief transformation officer and tax commissioner. Khalid Jones, a hedge fund founder, attorney and licensing firm partner, was appointed director of the Virginia Lottery, assuming the role previously held by Kelly Gee, who was named secretary of the commonwealth […]