NJ Lottery private operator on track to meet budget projections

Comment #5

myturn — Mon, 19 Oct 2015 23:10:41 GMT

I have always been opposed to outsourcing of lottery management, but seeing what is happening in Illinois I have changed my mind.

The UK Lottery, which is the most successful lottery in the world, is run by a private company.

It doesn't matter what is happening with the government, all prizes are paid without delay.

Comment #4

Gleno — Sat, 17 Oct 2015 19:22:31 GMT

10/17/15

Observer414,

Very thought full commentary on NJ Lottery private operator's budget projections.

Comment #3

observer414 — Sat, 17 Oct 2015 12:03:41 GMT

Mr. Ragazzo. I had to put my a/c on because of all your hot air. For the lottery uneducated, Ragazzo is a Christie political appointee. His real job is he is a real estate agent. He works p/t and gets $5.000 a year for his expenses. Ragazzo, you state that your corporate pal, Northstar, will see a bump in sales because they are getting a near half million dollar credit because of a computer glitch. However Ragazzo, you leave out the fact that Northstar is owned by the company that committed the

Comment #2

DELotteryPlyr — Sat, 17 Oct 2015 09:40:39 GMT

Yea but they are ALMOST at the revised lower figure! They should be very proud and all get raises!

Northstar had originally agreed to send back $1.037 billion to the budget, but revised that figure down to $930 million. Unaudited lottery commission figures at the end of June showed the contribution to the state to be $900 million.

Comment #1

haymaker — Fri, 16 Oct 2015 15:23:59 GMT

So...they're bragging about getting closer to a reduced objective

NJ Lottery private operator on track to meet budget projections

Lottery Post — Fri, 16 Oct 2015 14:22:32 GMT

Turnaround for Northstar after two years of missed targets

Increased sales mean New Jersey's lottery contribution to the state budget is on track to meet its target for 2016 after falling short the first two years of a long-term contract with a private operator.

The operator of the lottery's sales and marketing, Northstar New Jersey, is budgeted to return $1 billion to the state to help fund programs for education, disabled veterans and senior citizens. Through the first three months of th... [ More ]