WyoLotto has announced the appointment of Greg Jensen as its new Chief Financial Officer (CFO). Jensen steps into the role following the retirement of Loy Jackson, who served in the position for over eight years.
“Greg joins us with extensive knowledge and background in accounting and finance, and will fill the position after the retirement of our current CFO, Loy Jackson. Loy was with us for over 8 years, so this change is a little bittersweet for us,” said Jon Clontz, WyoLotto CEO.
Jensen previously held the position of president at Jensen Restaurant Company for two decades, managing two restaurant locations in northern Colorado. Before that, he worked as a financial analyst for nearly 20 years. He holds a master’s degree in Business Administration in Finance and a bachelor’s degree in Science in Civil Engineering from Colorado State University.
“Greg will be a tremendous asset to our executive team, helping us maximize giving back to the state. We are statutorily required to give 75 percent of our net income back to Wyoming, and we are usually able to exceed that because of the diligence from our team. We are all focused on giving back to Wyoming,” Clontz added.
WyoLotto is mandated by state statute to transfer at least 75 percent of its net income each quarter to Wyoming’s State Treasurer. These funds are then distributed across Wyoming’s cities, towns, and counties based on sales figures. Since its inception in 2014, WyoLotto has contributed over $41 million through transfers while awarding $143 million in winnings to players and nearly $21 million in commissions to retailers.
For further details about WyoLotto activities or services, visit wyolotto.com or download their app.
