Center for Gaming Research
UNLV
Arkansas Gaming Summary

Background

Arkansas has legal betting on the lottery, pari-mutuel wagering on throroughbred and greyound racing, and electronic games of skill at horse and greyhound racing facilities.

 

Lottery

Development: Voters approved the Arkansas Lottery in November 2008, and tickets went on sale in September 2009.

Beneficiaries: The Arkansas Lottery provides scholarships and grants to Arkansas citizens for in-state colleges and universities. Scholarships are to be available for nonprofit, public and private, two-year and four-year colleges and universities.

For more information see the Arkansas Lottery website.
Arkansas Lottery data (fiscal year)
Year
Total Revenues
Prize Liabilities
Prize %
Net Revenue
Net %
2010
384,058,455
247,723,040
64.50%
81,991,994
21.35%
2011
464,019,351
307,454,705
66.26%
93,364,508
20.12%
2012
473,639,229
315,318,828
66.57%
94,500,321
19.95%
2013
440,109,276
292,124,182
66.38%
88,046,064
20.01%
2015 409,234,678           241,758,220 59.08% 72,363,779 17.68%
2016 456,325,811 258,461,952 56.64% 88,240,539 19.34%

Total revenue is total ticket sales plus interest earned on the lottery fund balance and miscellaneous revenue sources . Prize liability is the total amount of prize money paid back to winners. Net Revenue is the total revenue minus vendor and retailer commissions and prize payouts and operating expenses; it is equal to "operating income." Prize and net revenue percentages are taken from the total revenues.
Arkansas Gaming Timeline

 

2005: Legislature approves "electronic games of skill" at horse racing and greyhound racing franchises

2008: Voters approve a measure allowing for a statewide lottery in Arkansas

2009: In September, the first lottery tickets are sold

 

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Last modified Tuesday, 06-Dec-2022 10:30:27 PST