NewsCovering Kentucky


Kentucky Lottery CEO to retire in March

Posted at 4:42 AM, Jan 27, 2020
and last updated 2020-01-27 04:42:20-05

LOUISVILLE, Ky. (AP) — The president and CEO of Kentucky Lottery Corp. will be stepping down in March.

Tom Delacenserie, 71, said in a statement that his retirement from the position will be effective March 6.

Delacenserie took the role in 2017 and in that time span sales increased from about $1 billion to more than $1.1 billion.

“We’ve accomplished a tremendous amount in the last two and a half years,” Delacenserie said during a lottery board meeting last week. “We strengthened our brand by creating a new lottery logo, improved product offerings by increasing payouts on our Scratch games, developed exciting new draw games, and enhanced our advertising support. And we upgraded product delivery systems, including vending machines with state-of-the-art touch screen technology.”

The lottery broke sales records each year under his leadership.

Funding for college scholarship and grant programs also increased from $247.7 million in 2017 to $272.7 million last year.

Kentucky Lottery Chief Operating Officer Marty Gibbs will serve as interim president and CEO.