Details of new Illinois Lottery manager deal kept secret

Comment #7

Illinoisdreamer — Thu, 19 Oct 2017 03:56:30 GMT

Are you not familiar with Northstar payout scandal? That has had more negative impact on game then budget issues

And with budget in place for next two years that wont be issue at least to players anytime soon. Its rebuilding credibility of lotto after Northstar prize fiasco that should be priority for Illinois and Camelot going forward

Hopefully Camelot has some good idea's and doesn't come in and simply raise prices on games and make them harder to win which is what I fear after loo... [ More ]

Comment #6

sailmumm — Wed, 18 Oct 2017 23:17:49 GMT

Instant tickets may be the bulk of revenue, but, they are hardly the money maker profit wise to the states. Payouts are a much higher percentage then draw games. I guess that is why the stress on profit and not revenue.

Comment #5

Drivedabizness — Wed, 18 Oct 2017 22:55:06 GMT

I don't think shafting the players would be part of anyone's plan to maximize profits on lottery sales. Players are the lifeblood - the more prizes you pay them, the more they turn around and give you the $$$ back. That is well-proven in the industry.

I wonder if anyone has analyzed the impact on sales from the Lottery not being able to pay prizes because of the State's budget woes...

And when we talk about profits those are divied up AFTER things like prize expenses are paid.... [ More ]

Comment #4

gatorsrok — Thu, 05 Oct 2017 01:08:24 GMT

I think the players are going to have the same problems that existed with Northstar. The more ways the state and vendors have to share profits, the lower the prize pool for players. Glad I don't buy tickets there.

Comment #3

haymaker — Wed, 04 Oct 2017 14:53:31 GMT

This stinks so bad I can smell it all the way to Jersey...where corruption is...well...we have a Senator on trial now

Comment #2

Todd — Wed, 04 Oct 2017 14:12:30 GMT

There have actually been a bunch of news stories posted here dealing with scratch game controversies in Illinois. Check the bottom of this recent news story. The last sentence or two contain multiple links to various news stories you might be interested to read.

Comment #1

Ron5995 — Wed, 04 Oct 2017 13:56:21 GMT

Instant tickets comprise the bulk of revenue for most lotteries now. There's lots of discussion of lottery drawings, balls verses RNG, etc. However, there's very little information regarding instant ticket vendors, how they're paid (often paid a percentage; potential conflict of interest), how tickets are distributed, top prize allocations, game closing procedures, etc.

In short, instant tickets is where a lottery can easily abuse the player and get away with it. I'd love to see Todd and/or o... [ More ]

Details of new Illinois Lottery manager deal kept secret

Lottery Post — Wed, 04 Oct 2017 13:01:24 GMT

As the Illinois Lottery edges closer to finalizing a massive deal with a new private manager, the state and the firm have chosen to keep many of the details secret despite past pledges of transparency.

The deal includes a tiered incentive system in which the new firm, Camelot Illinois, would be paid bonuses for exceeding various profit levels, documents show. But the proposed dollar amounts are not included.

That was among the few bits of information in the heavily redacted records the sta... [ More ]