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
Ohio Lottery privatization critics getting louder
A chorus of critics across the political spectrum is rising up against plans by Ohio Republicans to privatize day-to-day operations of the state lottery and expand its reach into slots-like video lottery terminals at horse tracks.
On June 17, the American Policy and Ohio Roundtables condemned an agreement between the state and Rock Ohio Caesars, the operator of planned casinos in Cleveland and Cincinnati. The conservative policy groups, which opposed the 2009 constitutional amendment that bro ...
Jun 22, 2011, 10:57 am - Lottery News forum
Ohio Senate bill includes privatizing lottery
Critics say gaming corp. drafted language
The Ohio Senate's latest version of the state budget bill includes language to privatize the Ohio Lottery that is nearly identical to legislation drafted by a gaming company hoping to manage the $2.5 billion agency's day-to-day operations.
The language, drafted by GTECH, an industry giant that once ran the Ohio Lottery's back-office operations, was added to the massive budget bill virtually unchanged and without any public hearing. The inclusion of ...
Jun 2, 2011, 7:21 am - Lottery News forum
Spain to privatize lottery
The Spanish government is close to selecting three advisers to help it sell shares in national lottery Sociedad Estatal de Loter as y Apuestas del Estado SA that could raise as much as $10.62 billion.
The choice of strategic, financial and legal advisers could be announced as soon as Tuesday, Aurelio Mart nez, chairman of Loter as y Apuestas del Estado, said in an interview. The mandates are considered prestigious for consulting firms, investment banks and law firms, even if the fees involved ...
May 24, 2011, 7:03 am - Lottery News forum
Ohio Gov. considering privatizing management of lottery
A proposal to privatize the management of the Ohio Lottery Commission was submitted this week to the nonpartisan Legislative Service Commission, which researches Ohio's budgets and laws.
Gov. John Kasich, who has yet to name a lottery director, has for weeks been discussing privatizing lottery operations, though he has not made a public commitment to do so.
Kasich spokesman Rob Nichols said the administration would not answer questions about any proposal until the state budget is released ...
Mar 12, 2011, 10:32 pm - Lottery News forum
Missouri Senate to discuss privatizing state lottery
The Missouri Lottery will begin talks in April with the state Senate about moving control of the lottery from the government to the private sector.
Lottery Executive Director May Scheve said it was difficult to comment on the issue because the Missouri Lottery is currently ascertaining the opinion of state vendors on the matter; privatization was only recently brought up by the Senate's Rebooting Government initiative.
We really haven't engaged in conversation with the Senate, Scheve said ...
Mar 3, 2011, 11:23 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
Illinois Lottery privatization announcement expected Wednesday
Southtown Star Editorial
Illinois Gov. Pat Quinn is about to make a billion-dollar decision to which most of us haven't paid much attention. For months, consortiums and companies have been working behind the scenes to become the jackpot winner of a prize that will set an international gambling precedent.
Illinois is soon to become the first in the United States to turn over its state lottery operations to a privately owned company. How this experiment progresses undoubtedly will set preced ...
Sep 14, 2010, 8:08 am - Lottery News forum
Decision on privatizing Illinois Lottery 'within days'
Illinois Gov. Pat Quinn could select a private firm to manage the Illinois State Lottery as soon as next week, but some lawmakers would rather keep the lottery under state government.
Two bidders are vying for the right to privately manage the Illinois State Lottery. Earlier this week at a public hearing held in Chicago, the Northstar Lottery Group and the Camelot Group both presented their proposals to a state commission.
The Northstar Lottery Group is a combination of three different com ...
Sep 10, 2010, 8:37 am - Lottery News forum
Illinois Lottery solicits companies for privatization
Lottery seeks 'private manager' to solve many of it problems
The Illinois Lottery today asked private firms for expressions of interest in managing its operations for a period of up to 10 years.
The Illinois General Assembly mandated private management of the Lottery in late 2009. Initial expressions of interest are due May 24 and the private manager is expected to be named before the end of the year.
The General Assembly mandated private management of the Lottery, together with sale of ...
May 13, 2010, 3:49 pm - Lottery News forum