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TagResults 21 - 30 of 83 for privatize lottery. (0.01 seconds)

Pa. Treasurer considers blocking move to private lottery operator
As more details emerge about the contract for private management of the Pennsylvania Lottery, the state treasurer says he's more concerned, not less, about the legality of the contract. State Treasurer Rob McCord has previously indicated he'll use his authority to withhold payments to the private Lottery manager if he deems it necessary. And he says he's not heard anything to put his mind at ease. I haven't made the final decision yet, but right now I certainly am taking a look at this wi ...
Jan 25, 2013, 8:39 am - Lottery News forum

Deal reached to privatize the Pa. Lottery
The Corbett administration announced late Friday that it would award to a British firm a contract to privatize the management of the Pennsylvania Lottery. The announcement came just days before a state Senate committee was scheduled to hold a hearing on what has become the administration's most aggressive foray into privatizing state services. While the contract with Camelot Global Services was not yet formally signed, the administration issued what it called a notice of award. Though not ...
Jan 12, 2013, 12:38 pm - Lottery News forum

Union fights effort to privatize Pa. Lottery
The union that represents Pennsylvania Lottery employees is fighting Gov. Corbett's move to privatize its operations. With a day to go until the private company's offer is set to expire, AFSCME Council 13 is waging a strong counterattack against outsourcing the profitable lottery in the courtroom, the Statehouse, and the streets. This week, a particularly edgy some might consider over-the-top billboard appeared near the Capitol, skewering the British firm that is the sole bidder for the lo ...
Jan 9, 2013, 12:09 pm - Lottery News forum

Pennsylvania Lottery privatization Q&A
Secretaries of aging and revenue discuss Camelot Group bid If Pennsylvania Gov. Tom Corbett accepts an English company's bid to handle the day-to-day management of the Pennsylvania Lottery, no two state agencies will be more immediately and profoundly affected than the Departments of Aging and Revenue. The Aging Department is one of the main beneficiaries of the $3.5 billion Lottery, which funds programs ranging from Meals on Wheels to in-home care services for Pennsylvania's senior citize ...
Jan 8, 2013, 11:03 am - Lottery News forum

Former Pa. Gov. tied to consultants on lottery privatization
As Pennsylvania Gov. Tom Corbett considers whether to hand the reins of the state lottery over to a British company, he's been getting advice from a firm with ties to his predecessor. Former Gov. Ed Rendell is a senior adviser to Greenhill Partners, which stands to make millions if Corbett signs off on a private management agreement with the North American subsidiary of The Camelot Group, which runs the National Lottery in the United Kingdom. Corbett has until at least Monday to decide whe ...
Dec 27, 2012, 10:11 am - Lottery News forum

N.J. Gov.'s plan to privatize lottery comes under fire from Democrats
Democratic lawmakers took aim at New Jersey Gov. Chris Christie's plan for the private sector to run the New Jersey Lottery, saying the 15-year contract currently on the table benefits the winning company more than New Jerseyans. At a hearing of the Assembly Budget Committee today, Democrats and small business owners said the proposal needs more public input because the Lottery a $2.6 billion business has been well run over the years and thousands of small businesses could be hurt by the move ...
Dec 7, 2012, 8:36 am - Lottery News forum

Democrats take aim at bid to privatize Pa. lottery
Democratic lawmakers are taking aim at GOP Gov. Tom Corbett administration's move to privatize the Pennsylvania Lottery's management, saying it is shrouded in secrecy and will result in a corporate giveaway that diverts hundreds of millions of dollars from the state's services for the elderly. In a Friday letter, Senate Minority Leader Jay Costa, D-Allegheny, asked Corbett for a slew of documents, including the proposed management agreement between the state and Britain-based Camelot Global S ...
Dec 7, 2012, 8:00 am - Lottery News forum

UK Lottery operator bids for Pennsylvania lottery
Pennsylvania received one bid in response to its search for a private manager to run the state's lottery system, officials announced Tuesday. Gov. Tom Corbett's administration announced on Tuesday that a priced bid and 20 years' worth of annual profit commitments has come in from United Kingdom-based Camelot Global Services PA LLC. Camelot, the firm that currently operates the United Kingdom's lottery, was the only company to submit a bid outlining how much revenue it pledged to raise over ...
Nov 20, 2012, 6:30 pm - Lottery News forum

GTECH picked to run Indiana Lottery
The Hoosier Lottery board voted Wednesday to hire a private company to oversee sales, marketing and other operations with the goal of earning the state about $2.1 billion in additional revenue through 2028. The board chose Rhode Island-based GTECH which provides similar services to the Illinois lottery and provides some computerized game services in Kentucky at the recommendation of Hoosier Lottery officials, who conducted an expansive review of the two companies vying for the 15-year contrac ...
Oct 3, 2012, 8:19 pm - Lottery News forum

NJ moves to privatize lottery sales, marketing
Four companies interested in running portions of the New Jersey Lottery attended a mandatory information session in Trenton last Thursday, the first step toward privatization. The state Treasury Department is looking to hand over sales and marketing operations to a private vendor next year. The state would retain ownership of the lottery under the plan, and state employees would continue to manage its operations though those jobs are not guaranteed. New Jersey has the eighth largest state ...
Sep 11, 2012, 12:24 pm - Lottery News forum