Lottery chooses company to negotiate online games

LOUISVILLE, Ky. (AP) — The Kentucky Lottery Corp. board says it will negotiate with GTECH to offer lottery products online and hopes to have the project ready later next year.

Lottery President and CEO Arch Gleason says it’s not yet known which lottery products will be available online initially.

The lottery said GTECH was chosen after a competitive bid process.

Also Monday, Vice President of Finance Rick Kelley said in a news release that sales for fiscal year 2015 through October were $287 million, which is $13.5 million more than the same period a year earlier but $8.2 million below budget.

Chief financial officer and executive vice president Howard Kline said draw game sales have been hurt by the lack of large jackpot runs in Powerball. Kline said Powerball sales as a whole are down 49 percent across the industry.

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.