BRADENTON, Fla. – Standard & Poor’s placed a negative outlook on the West Virginia School Building Authority’s lottery revenue bonds Dec. 3 citing increased gambling competition from neighboring states.

S&P confirmed its AAA ratings on the Series 2008, 2009A, 2009B, and 2010A and B lottery bonds, as well as bonds issued by the Higher Education Policy Commission.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.