West Virginia Lottery officials have approved a schedule for a 10-year re-bid of limited video lottery permits.
The routine re-bid would be good for permits for a period starting July 1, 2021, and going through June 30, 2031.
Members of the West Virginia Lottery Commission agreed on dates for the permitting process during a Tuesday morning meeting.
A first round of bidding begins Nov. 13, 2020 — closing on Jan. 21, 2021. The bid opening would occur Jan. 22.
That would include 7,800 permits at a minimum bid of $7,500 per permit.
A second round would start March 12, 2021 and running through May 20, 2021. Bid opening would be May 21, 2021.
A a minimum bid for that second round would be $8,500.
Under provisions of state law governing limited video lottery, the Lottery is to provide for the rebidding of terminal permits every 10 years.
In 2010, Lottery set a $5,000 minimum bid per permit.
In other discussion, West Virginia Lottery Director John Myers said the World Lottery Summit that was scheduled to be held in Vancouver, has now been postponed until 2022 because of the coronavirus pandemic.
Also, through Sept. 30, West Virginia Lottery’s year to date fiscal sales totaled $278,882,379.
September’s overall sales were $91,303,095. Compared to the same month last year, sales were up less than 1 percent.