Illinois Lottery superintendent at odds with private manager of lottery

Comment #5

rdgrnr — Sat, 15 Sep 2012 02:30:12 GMT

Kinda funny seeing Illinois concerned about possible corruption, cheating or misappropriation of funds.

They practically invented it.

Comment #4

Ruud — Fri, 14 Sep 2012 14:49:57 GMT

It seems like the issue is that the promise was contigent upon factors that the Lottery delayed or prevented. The mediator, a neutral party, obviously identified that in his decision.

Comment #3

jamella724 — Fri, 14 Sep 2012 14:17:03 GMT

Whatever the issue here, it should be resolved the soonest possible time by both parties. Remember, thousands of people are trying their luck on lotteries.

Comment #2

RJOh — Fri, 14 Sep 2012 13:03:53 GMT

What is it with these private companies taking over state lotteries? Promise them a big profit to get the contract and then just say sorry about that when they can't deliver? I bet the private company still made a nice profit in spite of its short fall.

Comment #1

mcginnin56 — Fri, 14 Sep 2012 12:29:38 GMT

Sounds like both sides have scored some points.

Justice should fall somewhere in the middle. Cut the proposed fine to Northstar from $25 million to $12.5 million.

Also re-negotiate the terms and hair splitting differences going forward.

Illinois Lottery superintendent at odds with private manager of lottery

Lottery Post — Fri, 14 Sep 2012 12:09:51 GMT

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... [ More ]