In a metropolis that pulls thousands and thousands of individuals worldwide, Emmanuel Bailey’s success story started in Washington, DC. Ranging from humble beginnings—he grew up with a single mom and moved from rental unit to rental unit throughout the town and the Washington metropolitan space for many of his childhood. He noticed his hometown stricken with crime and poverty on the peak of the drug epidemic, and when he returned from school, his metropolis was thought of the homicide capital of the nation. However regardless of this adversity, he at all times labored laborious and regarded towards a brighter future—a super his mom instilled in him since he was a younger little one.
As Bailey started his journey towards a brighter future, he realized he wanted to earn a school diploma to achieve success. Via this pursuit, he grew to become the primary member of his household to attend and graduate school. He enrolled at Jap Kentucky College, incomes a BA in Enterprise Administration. Whereas at EKU, he got down to obtain the excessive normal of success his mom anticipated of him in all pursuits. After his time at EKU, he earned an Government MBA from the Robert H. Smith Faculty of Enterprise on the College of Maryland.
Emmanuel discovered success working within the monetary sector early. Over the subsequent 25 years, he rose by means of the ranks, beginning as a department officer at Residents Financial institution of Maryland and ultimately changing into a vp at Fannie Mae. These roles offered him with invaluable expertise as a savvy businessperson and a frontrunner. In spite of everything he completed at Fannie Mae, it was time for him to strike out on his personal.
Seeing potential within the lottery enterprise, Emmanuel based an operation providers and administration agency to run lotteries extra effectively and successfully. Important Providers Contractors (VSC) has administration expertise in all aspects of a state lottery contract, together with offering direct oversight and administration of lottery brokers, retail methods, gaming tools deployment and upkeep, and oversight of the central gaming system efficiency. He labored in varied roles in state lotteries all through the nation to realize a real institutional information of the ins and outs of this new business he was coming into. Coupling his new information along with his enterprise savvy, he got down to win contracts alongside the most important names within the business.
The lottery business is extraordinarily aggressive, and contracts are sometimes granted to giant nationwide firms. However, as Emmanuel grew his enterprise, bringing in skilled employees and increasing VSC’s capabilities, he started to make a reputation for himself as a reliable and gifted operator within the business. Earlier than lengthy, he was collaborating with the titans within the subject and ultimately grew to become the one Black enterprise proprietor working a state lottery in your complete U.S., in his house “state” of Washington, DC.
However his success didn’t finish there.
Bailey continued honing his experience, making VSC a multimillion-dollar firm with over 100 workers. He was acknowledged with the North American Affiliation of State and Provincial Lotteries’ (NASPL) Powers Award in 2020, which he received based mostly on a nomination from the DC lottery itself. In its nomination, the District of Columbia stated that Emmanuel is “removed from the stereotypical govt … and ensures that the DC Lottery is operable day-after-day and that our enterprise stays viable for the long-term future.” He’s persevering with to broaden his enterprise, opening a VSC workplace in Maryland and searching for to broaden his geographic attain.
Regardless of all his success, Emmanuel by no means forgot about his household and connections to his neighborhood. He stays deeply dedicated to giving again to DC communities. He has donated a whole bunch of 1000’s of {dollars} to varied native DC-based organizations supporting applications like college sports activities and humanities departments, academic assist, and well being providers. He has additionally served on and continues to serve on a number of boards of native organizations.
Now, Emmanuel is seeking to the long run. At all times searching for to reinforce his enterprise, Emmanuel is working to refine operations and enhance the effectivity of the DC Lottery whereas persevering with to offer again to the neighborhood and create extra alternatives for younger kids rising up in circumstances like his personal. Whereas his ft are firmly planted within the DMV, his formidable and entrepreneurial spirit has his eyes on enlargement into further states. Above all his different accomplishments, he says his proudest achievement was serving to his mom retire.
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