Board meetings, strategic plans, and buyer signals from Cory Bailey’s organization
Jun 11, 2026·BoardMeeting
Board
Montana Lottery Commission Meeting
The commission held a discussion regarding the offering of esports betting, addressing concerns about minors participating as players or being pressured by betting outcomes. It was noted that current betting providers remove markets where participants are minors. The commission ultimately voted to accept esports as an offering, provided that no participants are minors. Additionally, the administrator for the Gambling Control Division provided an update on a lawsuit and cease-and-desist actions related to online prediction markets and the state's stance against illegal online gambling.
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The commission meeting centered on a financial report addressing accounting irregularities identified in prior fiscal years. A discussion was held regarding two correcting journal entries designed to address understatements in Sports Betting vendor fees and Treasure Play prize expenses, totaling $8.3 million over a five-year period. It was clarified that these discrepancies were due to structural errors in accounting procedures rather than fraud. The commission also discussed internal control deficiencies and the steps being taken, in coordination with the Department of Administration and the legislative audit division, to ensure proper accounting practices and future oversight.
Mar 12, 2026·BoardMeeting
Board
Montana Lottery Commission Meeting Minutes
The commission reviewed financial and operational reports, including updates from the IT, marketing, and security departments. Key actions included the approval of quarterly financials, updates to the FY2026 scratch product game count, and the 2026 Montana Millionaire Raffle game. The commission also approved a new bulk purchasing rule and initiated a process to draft a rule change regarding IRS reporting thresholds.
Dec 4, 2025·BoardMeeting
Board
Montana Lottery Commission Meeting
The meeting included discussions regarding the legality of selling lottery tickets via couriers and cell phones, with concerns raised about potential conflicts with existing regulations. An IT update was provided, detailing software enhancements, resolutions, and improvements to the system, including the new website, mobile app, and players club. The IT department also supported the launch of players club promotions and tested IT security upgrades to the sales agent website portal and sports bet Montana mobile applications.
Extracted from official board minutes, strategic plans, and video transcripts.
