Illinois Lottery seeks to collect $20 million from operator Northstar Lottery Group
But the lottery has not shown Northstar the final audit numbers
The Illinois Lottery said Monday it is entitled to a $20 million payout from Lottery private manager Northstar Lottery Group because the group fell short of the total Illinois Lottery income Northstar said would be generated in fiscal year 2012.
Noted Illinois Lottery Superintendent Michael Jones: Northstar won the private manager contract by projecting a net income of $851.2 million in FY12, but failed to reach this goal, con ...
Mar 19, 2013, 4:09 pm - Lottery News forum
Illinois Lottery superintendent at odds with private manager of lottery
Illinois Lottery superintendent Michael Jones and the Northstar Lottery Group are at odds. Northstar is the private management consortium named in the fall of 2010 to run the Illinois Lottery.
The source of the disagreement is a preliminary draft of a ruling this week from a mediator assigned to determine whether Northstar should have to pay a penalty for failing to meet stipulated profit goals in its private management agreement with the state.
By its own accounting Northstar, comprised o ...
Sep 14, 2012, 8:09 am - Lottery News forum
Hoosier Lottery director offers reassurances on outsourcing
Indiana won't turn its lottery over to a private company if bidders don't meet the state's high standards, the executive director of the Hoosier Lottery said Friday.
The state has been seeking bids on a 10-year contract to run the Hoosier Lottery. Executive Director Karl Browning released a statement Friday, a day after a spokeswoman for Camelot Global Services, which runs the national lottery in Great Britain, told The Indianapolis Star it dropped out because the state's process encourages b ...
Sep 8, 2012, 8:49 am - Lottery News forum
Penn. Lottery gets advice from Illinois on privatization
State trying to decide if privately operating the lottery is right approach
Pennsylvania is currently looking into privatizing its lottery, but one official with the Illinois lottery, the only private system in the nation, is warning the commonwealth to carefully plan how it would choose a company to manage day-to-day operations.
Illinois Lottery Superintendent Michael Jones says in the Land of Lincoln, potential overseers had to estimate how much money they'd be able to bring into the lot ...
Aug 9, 2012, 7:42 am - Lottery News forum
Report: Ill. lottery manager short $100M on profit
The Illinois Lottery's private manager fell nearly $100 million short of the profits it promised to deliver for the state.
But the Chicago Tribune reported Tuesday that revenues generated by Northstar Lottery Group still set an Illinois record. Illinois has fallen behind other state lotteries for years.
Northstar promised $825 million in net revenue when it took over the lottery in July 2011. A Tribune analysis found it had collected $726 million by the end of June.
That could mean hund ...
Aug 2, 2012, 9:34 am - Lottery News forum
Illinois Lottery glitch causes many duplicate Quick Pick tickets
Mary Ellen Reiter felt like she got one losing ticket for the price of two after discovering that eight sets of numbers on one Illinois Lottery quick-pick ticket that she bought matched eight sets of numbers on another.
I think that they should make it right, said Reiter, 52, of Evanston, who bought the duplicate tickets Sunday at a convenience store in the northern suburb. The way I figure, I should at least receive back $5 of free quick-picks.
About 3,000 tickets were similarly affecte ...
May 7, 2012, 12:26 pm - Lottery News forum
Illinois Lottery run by private company starting Friday
Illinois' private lottery manager takes over operations Friday, with both the company and the state envisioning greatly increased sales and more money for state coffers.
Although Northstar Lottery Group formally assumes the reins July 1, the transition to private management has been under way for some time. Regular players have seen new signage and the rollout of new games in recent weeks, but otherwise shouldn't notice a difference if they buy lottery tickets after the first of the month.
Jun 30, 2011, 8:21 am - Lottery News forum
Illinois signs deal to privatize lottery
Illinois Lottery to become nation's first privately-run lottery
Daily operations of the Illinois Lottery will be managed by a private company beginning in July.
As part of a massive deal that has been in the works for nearly two years, state officials announced Tuesday that they've signed a final deal with Northstar Lottery Group to run the lottery.
Northstar, which is comprised of three companies that already do business with the state, has said it could generate $1.5 billion more over ...
Jan 19, 2011, 9:15 am - Lottery News forum
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