This document discusses Oregon Lottery's Retailer Responsible Gambling Program. The program is based on shared responsibility between the lottery and retailers. It includes retailer training, merchandising of responsible gambling materials, and compliance monitoring. Over 3,800 video lottery retailer staff and 3,400 traditional lottery retailer staff have completed the online responsible gambling training. The training program aims to continuously improve through research, piloting, and addressing the needs of a diverse retailer group.
The Oregon Lottery document discusses expanding the Lottery's digital presence and exploring new opportunities like mobile apps and sports betting. It summarizes that the Lottery aims to fulfill its mission by keeping pace with technology trends while maintaining a commitment to responsible gaming. New ideas discussed include launching a mobile app for checking tickets, budgeting tools, and game reminders. It also explores the potential opportunity for Oregon to allow sports betting now permitted by federal law.
Acquire a License as a Nigerian Lottery OperatorMultinet Group
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The document summarizes a review of Alberta's gaming licensing policies conducted between 1999-2001. It finds that gaming has grown significantly over the past decade, generating over $1.1 billion annually for charities and the provincial lottery fund. However, it also notes social impacts and the need to balance growth with social responsibility. The review examines issues around further expanding gaming and ensures policies regulate gaming in an accountable, transparent and socially responsible manner.
The document is Washington's Lottery Business Plan for 2009-2011. It outlines the Lottery's vision, missions, current operations, partnerships, beneficiaries, and strategic plan to maximize revenue for education through creative games while responsibly managing gambling. Key points are developing staff, driving sales growth, expanding the player and retailer base, and creating a stable game portfolio to provide value for stakeholders.
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This document provides an overview of the Local Program Fundraising Toolkit created by Special Olympics Vermont (SOVT) to help local programs raise money. The toolkit goals are to provide fundraising opportunities and resources, raise community awareness, and engage athletes. It outlines revenue sharing opportunities from events like the Penguin Plunge and Law Enforcement Torch Run. Tips for engaging media and leveraging SOVT resources are also provided. The toolkit elements on the online portal include templates and guidelines for applications, press releases, donations, and logo use.
This document discusses Oregon Lottery's Retailer Responsible Gambling Program. The program is based on shared responsibility between the lottery and retailers. It includes retailer training, merchandising of responsible gambling materials, and compliance monitoring. Over 3,800 video lottery retailer staff and 3,400 traditional lottery retailer staff have completed the online responsible gambling training. The training program aims to continuously improve through research, piloting, and addressing the needs of a diverse retailer group.
The Oregon Lottery document discusses expanding the Lottery's digital presence and exploring new opportunities like mobile apps and sports betting. It summarizes that the Lottery aims to fulfill its mission by keeping pace with technology trends while maintaining a commitment to responsible gaming. New ideas discussed include launching a mobile app for checking tickets, budgeting tools, and game reminders. It also explores the potential opportunity for Oregon to allow sports betting now permitted by federal law.
Acquire a License as a Nigerian Lottery OperatorMultinet Group
Our organization is proposing to acquire a license to operate as a Nigerian lottery operator. This would allow us to significantly increase annual lottery revenues through innovative technology and public outreach. Our strategy involves supplying hardware, software, and systems integration while bringing experience in marketing, technology, and partnerships. We forecast lottery revenues could grow from N356 billion in 2015 to over N1 trillion by 2025 through our strategy. Acquiring a sports lottery permit would allow us to operate sports-based lottery games and significantly contribute to government and community funds.
The document summarizes a review of Alberta's gaming licensing policies conducted between 1999-2001. It finds that gaming has grown significantly over the past decade, generating over $1.1 billion annually for charities and the provincial lottery fund. However, it also notes social impacts and the need to balance growth with social responsibility. The review examines issues around further expanding gaming and ensures policies regulate gaming in an accountable, transparent and socially responsible manner.
The document is Washington's Lottery Business Plan for 2009-2011. It outlines the Lottery's vision, missions, current operations, partnerships, beneficiaries, and strategic plan to maximize revenue for education through creative games while responsibly managing gambling. Key points are developing staff, driving sales growth, expanding the player and retailer base, and creating a stable game portfolio to provide value for stakeholders.
Bare Market: The future of capital formation, Tradestreaming Money Conference...Digiday
This document provides an overview and analysis of the IPO market from 1980 to 2016. It finds that the IPO market is cyclical and driven by overall economic, regulatory, and equity market conditions. In 2016, the IPO market rebounded with 80 deals raising $14 billion total. The document also discusses regulatory reforms like the JOBS Act that have positively impacted the IPO market. Finally, it explores emerging trends like alternative capital formation platforms, online directed share programs, and electronic IPO processes.
This document provides an overview of the Local Program Fundraising Toolkit created by Special Olympics Vermont (SOVT) to help local programs raise money. The toolkit goals are to provide fundraising opportunities and resources, raise community awareness, and engage athletes. It outlines revenue sharing opportunities from events like the Penguin Plunge and Law Enforcement Torch Run. Tips for engaging media and leveraging SOVT resources are also provided. The toolkit elements on the online portal include templates and guidelines for applications, press releases, donations, and logo use.
Special Advisor Report Richard Tremitiedi March 17 2008Hoboken Resistance
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(2) The advisor recommends following the city council's budgetary recommendations, including reducing employee healthcare costs, auditing the city fleet, increasing revenue from recycling, and reducing special contracts costs.
(3) The advisor recommends using parking utility surplus for parking solutions rather than to fund city operations, and negotiating with New Jersey Transit to develop railroad property for parks, recreation, and affordable housing.
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- Everi Holdings reported financial results for the second quarter of 2016, with consolidated revenues of $214.0 million. Games revenue was $54.3 million, down 1.1% year-over-year, while payments revenue was $159.7 million, up 5.4% year-over-year. Adjusted EBITDA was $51.2 million.
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The document discusses key considerations for establishing the Arkansas Scholarship Lottery, including its organizational structure, how proceeds will fund scholarships, and best practices. It recommends operating the lottery as a state-owned corporation to balance business and regulatory needs. The corporation would license retailers to sell tickets, with profits funding scholarships while returning prizes to players and income to the state.
University at Buffalo Webinar - DIY Wealth Book with Ripsaw Wealth ToolsStanleyKon
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a specific focus on esports wagering and 18+ gaming. The Company holds a license
to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao,
Kingdom of the Netherlands and can accept wagers from over 149 jurisdictions
including Canada, Japan, Germany, and South Africa. Esports Entertainment offers
fantasy, pools, fixed odds, and exchange style wagering on esports events in a
licensed, regulated, and secure platform to the global esports audience at vie.gg. In
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It’s no secret that the marketing landscape is growing increasingly complex, with numerous channels, privacy regulations, signal loss, and more. One of the biggest problems facing marketers today is that they’re experiencing data deluge and data drought simultaneously.
Bliss Point by Tinuti addresses these challenges by providing a single, user-friendly platform for measuring what marketers previously struggled to measure. With Bliss Point, you can move beyond simply validating past actions and instead use measurement to guide real-time decision-making on what should happen next.
Join our product experts for a live demonstration of Bliss Point. Discover how it can empower your brand with the tools and insights needed to optimize each channel, across your entire media mix, and your overall brand performance.
Special Advisor Report Richard Tremitiedi March 17 2008Hoboken Resistance
(1) The special advisor recommends conducting an operational audit of all city departments to help deliver municipal services more cost effectively. The advisor also recommends seeking outside expertise to provide advice to improve the police and fire departments over 6 months to 2 years.
(2) The advisor recommends following the city council's budgetary recommendations, including reducing employee healthcare costs, auditing the city fleet, increasing revenue from recycling, and reducing special contracts costs.
(3) The advisor recommends using parking utility surplus for parking solutions rather than to fund city operations, and negotiating with New Jersey Transit to develop railroad property for parks, recreation, and affordable housing.
This document provides an overview of the training and orientation for treasurers and signers of Neighborhood Council checking accounts. It discusses the purpose of the NC system, setting up bank accounts, forms and reports, allowable and prohibited expenditures, inventory tracking, and contact information for further questions. Key responsibilities include preparing forms and reports, issuing payments to vendors, and ensuring proper use of public funds according to policies.
Everi reported results for the period ended December 31, 2017. Key highlights include strong revenue and Adjusted EBITDA growth driven by investments in games and payments technology. Games revenue was boosted by expanding premium offerings and a new placement agreement securing 4,300 units long-term. Payments saw continued transaction and dollar volume increases. Everi remains focused on innovation across its product suite to drive further growth opportunities.
220 Sports Capital is proposing an innovative sports investment platform that provides capital solutions across the sports ecosystem. It sees opportunities from industry dislocation due to COVID-19 and sustained growth in sports franchise values. The platform will offer a suite of credit, quasi-debt, and equity products to professional sports teams, leagues, broadcasters, and sponsors. It has an initial pipeline of deals exceeding $200 million. 220 Sports Capital believes its decades of sports experience and proprietary deal flow position it for success in deploying capital across global sports.
January 20 Sales Tax Proposal Question and Answeradonicaduggan
The document provides information from a school board presentation on a proposed sales tax increase. It includes details on submitting questions during the presentation, expected revenue amounts from various sales tax rates, how the tax rate could be adjusted annually if passed, and how funds are currently allocated. It also addresses questions from attendees on topics like property taxes, the district's budget and surplus, unfunded mandates, and declining revenues.
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The document discusses the sports betting market in Italy and a possible approach for implementing a betting exchange. It outlines key regulatory changes allowing virtual events and an extended event offering. It then provides details on the key elements and requirements for virtual events, extended event offerings, and betting exchanges. Finally, it proposes a roadmap for 2013 focusing on engaging with regulatory bodies and launching new products and services according to the evolving Italian market.
- Everi Holdings reported financial results for the second quarter of 2016, with consolidated revenues of $214.0 million. Games revenue was $54.3 million, down 1.1% year-over-year, while payments revenue was $159.7 million, up 5.4% year-over-year. Adjusted EBITDA was $51.2 million.
- Recent developments include new gaming cabinets accounting for 57% of unit sales, becoming fully EMV compliant, and debuting seven new branded games through licensing partnerships.
- Everi is increasing investment in game development with industry veterans leading efforts to design games that appeal to player preferences, supported by initiatives in technology innovation, hardware, and content
The document discusses key considerations for establishing the Arkansas Scholarship Lottery, including its organizational structure, how proceeds will fund scholarships, and best practices. It recommends operating the lottery as a state-owned corporation to balance business and regulatory needs. The corporation would license retailers to sell tickets, with profits funding scholarships while returning prizes to players and income to the state.
University at Buffalo Webinar - DIY Wealth Book with Ripsaw Wealth ToolsStanleyKon
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In this webinar we cover basic principles to address diversity equity and inclusion, developing community wealth, strategies to build collaboration, and building local businesses and economies.
Pre-Summit Workshop - New Markets Tax Credit Presentationkingdom1realty
What are New Markets Tax Credits?
First tax credit program to stimulate commercial investment in “low-income communities”
The program is administered by the US Treasury Department through a division call the CDFI Fund, in a unique public/private partnership with Community Development Entities (CDEs)
Valuation and Reporting of Cryptocurrency on Income, Gift and Estate Tax ReturnsJohn Varga, ASA
John Varga of MPI discusses his experience with the valuation and reporting of cryptocurrency on income, gift and estate tax returns. Originally presented at the ACTEC Digital Property Committee on June 24, 2018 in Chicago.
Esports Entertainment Group (GMBL) is a licensed online gambling company with
a specific focus on esports wagering and 18+ gaming. The Company holds a license
to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao,
Kingdom of the Netherlands and can accept wagers from over 149 jurisdictions
including Canada, Japan, Germany, and South Africa. Esports Entertainment offers
fantasy, pools, fixed odds, and exchange style wagering on esports events in a
licensed, regulated, and secure platform to the global esports audience at vie.gg. In
addition, Esports Entertainment intends to offer users from around the world the
ability to participate in multi-player mobile and PC video game tournaments for cash
prizes. Esports Entertainment is led by a team of industry professionals and
technical experts from the online gambling and the video game industries, and
esports.
StoneMor Partners L.P. provides an investor presentation that includes forward-looking statements about the company's status, plans, assumptions, and financial projections. Their major risk is uncertainties in cash flow from pre-need and at-need sales, trusts, and financing that could impact financial projections and distributions. The presentation provides an overview of the company, its evolution since going public, recent financial results, acquisition strategy, and the deathcare industry outlook.
MLPA held its annual investor conference in May 2016. The presentation provided an overview of the company, including its strategy, footprint, acquisition approach, and financial results. Key points included that MLPA is the second largest owner and operator of cemeteries in the US, with a strategy of growth through acquisitions and organic initiatives. It has a proven acquisition track record, targeting properties that meet specific criteria. MLPA also discussed its diversified revenue streams and stable financial performance, demonstrating consistent growth in contracts written, EBITDA, distributable cash flow, and distributions.
Presentation from Amy Browne, Stewardship Lead, CCLA Investment Management, during the OECD WISE Centre & Persol Holdings Workshop on Advancing Employee Well-being in Business and Finance, 22 November 2023
- Demand Media provides an overview of its company, properties, and recent financial results. Its properties include Society6, Saatchi Art, LIVESTRONG.com, and eHow.
- In Q1 2015, Demand Media's total revenue was $33.2 million. Society6 and Saatchi Art contributed $10.7 million to marketplaces revenue.
- LIVESTRONG.com and eHow are undergoing transformations to reduce low-quality content and ads, following the LIVESTRONG.com playbook which increased traffic through improved user experience.
- Bitcoin Shop is one of the first publicly traded companies focused on the virtual currency ecosystem. It operates an ecommerce platform that accepts bitcoin and other cryptocurrencies as payment.
- The company is developing its BTCS 2.0 platform to expand its product offerings and vendor base. It aims to build a virtual currency ecosystem through ecommerce.
- Bitcoin Shop has a experienced management team with expertise in capital markets, technology, and the virtual currency industry. It plans to grow its customer base and monetize through additional service offerings.
Similar to OregonStateLotteryJointSubcommitteePresentation.pdf (20)
It’s no secret that the marketing landscape is growing increasingly complex, with numerous channels, privacy regulations, signal loss, and more. One of the biggest problems facing marketers today is that they’re experiencing data deluge and data drought simultaneously.
Bliss Point by Tinuti addresses these challenges by providing a single, user-friendly platform for measuring what marketers previously struggled to measure. With Bliss Point, you can move beyond simply validating past actions and instead use measurement to guide real-time decision-making on what should happen next.
Join our product experts for a live demonstration of Bliss Point. Discover how it can empower your brand with the tools and insights needed to optimize each channel, across your entire media mix, and your overall brand performance.
1. The Oregon State Lottery
Matt Shelby, Chief Communications Officer
Kathy Ortega, Chief Financial Officer
Stacy Shaw, Senior Manager, Product Marketing
Joint Subcommittee on General Government
April 17, 2023
3. Origin of Lottery
In 1984, voters approve two ballot
measures to establish the Oregon State
Lottery to fund job creation and economic
development programs.
2
5. A Partnership
Lottery raises money by selling tickets or shares in Lottery
games, according to Commission and Governor policy
directives, and within constitutional and statutory guidelines.
Lottery Commissioners, and the Director, are appointed by
the Governor, confirmed by the Senate.
The Commission oversees Lottery policy and budget -
approves games, rules, budget, and major procurements.
The Legislature appropriates Lottery revenue, approves bond
sales and projects, and sets gambling policy.
Businesses around the state sell Lottery games.
4
7. Overview of Retail Sales
Retailer Requirements & Types
Geographic Distribution
Video Lottery Ecosystem
Retail Partners
8. Retail Sales
• ~ 3,800 Businesses contract with Lottery to sell games.
• Bars, restaurants, taverns
• Delis, small cafes, and eateries
• Grocery stores, gas stations, and convenience
stores
• Large multi-state retail chains
• Lottery retailers are the primary sales channel.
• Responsible for more than $1.6 billion in sales BY22.
• More than $310 million in commissions in BY22.
• Sell Video Lottery, Keno, Scratch-It, and draw games.
7
9. 8
Application Considerations
• Financial Responsibility
• Background, Character, Integrity
• Compliance History
• Criminal History
• Accessibility and Security of the Premises
• Sufficiency of Existing Retailers
• Not Exclusively in the Business of Selling Lottery Products
• Business Viability Considerations
10. Retailer Types
Traditional Lottery
• Draw games, Scratch-its, Keno
• Convenience stores, gas stations, grocery stores,
bars, restaurants, etc.
• Earn 8% on sales plus bonuses
• 3,266 Traditional Lottery Retailers*
Video Lottery
• Video Lottery/VLTs
• Bars, restaurants, taverns, delis, etc.
• OLCC license required
• VLTs in area closed to minors
• Open and operating requirements
• 3 VLTs to start (limited to 6 by state law)
• Tiered Commission Structure (1.34% - 2.20%)
• 2,079 Video Lottery Retailers*
• 10,846 VLTs
*Traditional Only: 1,710
Traditional & Video: 1,556
Video Only: 523
14. 13
Video Lottery Ecosystem
• Pandemic closures resulted ~$500 million loss in lottery revenue
• Behind in funding Video Lottery Terminal replacements
• Led to a ‘pause’ in new applications being accepted to reevaluate
the entire ecosystem
• Lottery plans to lift the ‘pause’ on July 1st and adopt other changes:
• Dedicated funding for VLT replacements
• More efficient placement of VLTs among retailers
• New contract application process and requirements
15. Overview of Lottery’s Funding Model
Visual Flow of Funds
Sales
Transfer
Where the Money Goes
Lottery Financial Process
16. Lottery is an enterprise fund that is 100% self-funded. The Lottery cannot borrow
money, nor may the legislature appropriate money to the Lottery.
The Lottery Commission approves the Lottery’s budget and strategic plan to meet
or exceed expected transfers.
The Commission must ensure sufficient capital to operate the Lottery and meet
revenue expectations.
The Commission sets a “cap” level for the Contingency Reserve Fund, currently at
$135 million. This fund must cover capital investments and anticipated transfers in
the event of a sales shortfall.
Lottery is obligated to transfer a portion of Net Profits (determined by a
calculation) to the Economic Development Fund (EDF) which are then distributed
by the fund for public purposes allowed in law.
Lottery financials are audited annually by the Secretary of State Audits Division.
Funding Model
Annual Comprehensive Financial Report Fiscal Year 2022 https://www.oregonlottery.org/wp-
content/uploads/2023/01/FY-2022-Oregon-Lottery-ACFR-Final.pdf
17. 16
Revenue
Prizes
Expenses
Net Profit
Transfer (% of net profit)
Remainder is Administrative Savings
Yes
No
Is the Contingency Reserve Full?
Current Reserve Cap > $135M
Administrative Savings (Transferred
Annually)
Funds fill the Contingency until Cap
is reached
Visual Flow of Funds
Economic
Development
Fund*
*Expected EDF transfer for 2023-25 is ~$1.8 billion.
18. Sales by Game
17
Source: Lottery FY22 CAFR https://www.oregonlottery.org/wp-content/uploads/2023/01/FY-2022-Oregon-Lottery-ACFR-Final.pdf
19. Annual Transfers to Economic Development Fund
18
Source: Oregon Lottery Record of Transfers to the Economic Development Fund 1986-2022
$0.00
$100,000,000.00
$200,000,000.00
$300,000,000.00
$400,000,000.00
$500,000,000.00
$600,000,000.00
$700,000,000.00
$800,000,000.00
$900,000,000.00
$1,000,000,000.00
1986198819901992199419961998200020022004200620082010201220142016201820202022
Lottery Transfer
20. SOURCE: March 2023 Oregon Economic and Revenue Forecast (Table B.9) https://www.oregon.gov/das/OEA/Documents/appendixb.pdf
19
Lottery Revenue Forecast (in millions)
2021-23 2023-25
Traditional Lottery $188.725 $161.992
Video Lottery $1,596.917 $1,620.009
Sports Betting $32.716 $33.154
$1,818.358 $1,815.155
21. Where Does the Money Go?
Debt Service:
• Must be paid before any other appropriations are made
Constitutional:
• Education Stability Fund (18%)
• Parks and Natural Resources Fund (15%)
• Veterans’ Services Fund (1.5%)
Statutory (with legislative approval):
• Problem Gambling Treatment and Prevention (1%)
• County Economic Development (2.5% of video sales)
• County Fairs (1% but currently capped at $1.53 million)
• College Athletics (1%)
• Outdoor School (The lesser of 4% or $5.5 million not to exceed $22 million)
• Employer Incentive Fund (variable amount of sports betting revenue)
Other Legislative Allocations:
• Legislature may allocate remaining funds (subject to constitutional purposes)
22. Use of Lottery Resources 21-23 Forecast
21
Other Legislatively Adopted
Allocations
56.8%(2)
Education Stability Fund
18.0%
Parks and Natural Resources Fund
15.0%
County Economic Development
3.0%
Outdoor School Education Fund
2.7%
Veterans' Services Fund
1.6%
HECC Collegiate Athletic &
Scholarships
0.9%
Gambling Addiction
0.9%
Employer Incentive Fund (PERS)
0.8%
County Fairs
0.2%
Source: Oregon Office of Economic Analysis March 2023 Economic Forecast
1. Includes allocations to State School Fund and Other Agency Allocations, Resources also
include allocations of prior year balances
2. Includes allocations for debt service
24. Promote a shared sense of responsibility
with our retail partners, engage with the
Responsible Gaming community. Ensure
cultural relevancy and diversity are
considered in the implementation of the
code, demonstrate a commitment to the
communities in which we operate.
The Responsible Gaming Program is Guided by
the Oregon Lottery RG Code of Practice and commits Lottery to:
Provide information and tools
that help customers to make
informed choices about playing
Lottery games and enable them
to enjoy games responsibly
Ensure that players and concerned
others know how to access available
resources for gambling issues, and that
free, professional help is available for
those seeking treatment resources.
Engage in ongoing review and
improvement. Measure & report
performance. Develop new practices
in response to emerging research,
evolutions in technology, emerging
market trends, and new game
introductions.
Devote energy, funding,
and resources to have the
most positive impact on
the promotion of safer
gaming practices and
awareness of resources.
25. Responsible Gaming Program: What We Focus On
24
Guided by the Code of Practice we focus on:
1. Investment in Research
2. Employee Engagement
3. Stakeholder Engagement
4. Retailer Engagement
5. Retail Gaming
6. Online Gaming
7. Player Education
8. Treatment & Referrals
9. Advertising and Promotion
26. Current Key Initiatives
• Research: Founding and recurring investments in the
Oregon Council on Problem Gambling (OCPG) Research
Center.
• Employee Engagement: Conducted 18 interactive
webinars for player and retailer facing staff to offer self-
care techniques and scenario based training - we believe
taking care of our staff is required to successfully take care
of players.
• Retailer Engagement: In addition to annual RG required
training for retail staff who sell Lottery games, offered
optional advanced training for specific retail types and
situations
• Stakeholder Engagement: Elected to Board of Directors for
Responsible Gambling Council of Canada – broaden
industry insights and connections.
25
27. Treatment Referral Advertising & Promotion
26
The Oregon Lottery plays a vital role in the treatment referral
ecosystem. Our partners at the Oregon Health Authority administer
the funds and manage the service system, and it is Lottery’s role to
ensure that players and those affected by problem gambling know
about available resources and how to access them
Link to Oregon Problem Gambling Resources webpage
CY2022
1423 - Calls the Helpline
1548 - Find a meeting
28. Treatment Referral Advertising & Promotion
• The Oregon Lottery has an “always on”
digitally focused marketing strategy for
promoting Problem Gambling (treatment
referral) resources
• Diversity and cultural relevancy are
always considered, and 10% of the budget
is dedicated to multicultural advertising
• We typically spend similar budget
amounts advertising both treatment
resources and our games
27
Treatment
Referral
Advertising/PG
$740K
Game
Advertising
$890K
Brand
Advertising
$771K
FY2022
29. 28
• Lottery achieves and maintain relevant, independent industry
accreditations and certifications for our responsible gaming
program.
• World Lottery Association (WLA) Level Four- This
certification is the highest level of responsible gaming
certification recognized internationally.
• National Council on Problem Gambling (NCPG)/North
America State and Provincial Lotteries (NASPL) – Oregon
was the in the first cohort to receive the highest-level
designation “Sustaining” in the program
• Lottery publishes an annual impacts report using a combination
of internal monitoring and independent assessments. We report
on annual measures and key accomplishments for the year.
Accountability & Impacts