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TagResults 1 - 10 of 84 for Contract. (0.01 seconds)

Pa. spends $1.3M to date on search for lottery partner amid fierce competition for $1B contract
The hunt for a company to service the Pennsylvania Lottery's games and gaming system for the next decade has proven to be a contentious and costly venture. Two companies are vying for 10-year lottery servicing contracts that would pay close to $1 billion or more over the life of the deal (the contracts could be extended for two to four years). It's one of the commonwealth's most lucrative long-term contracts. The firms have engaged in a heated battle over the past year and a half as this i ...
Oct 22, 2019, 10:18 am - Lottery News forum

Questions surround D.C. lottery and gambling contract, but high-level D.C. staffer says it's fine
Several D.C. Council members are asking whether the $215 million lottery and sports gambling contract the council approved this summer fulfills local business subcontracting requirements. This week, they got an answer from a high-level District staffer: Everything's fine. Yes, the contract is compliant with D.C. law requiring companies with large public contracts to subcontract some of the work to local businesses, Kristi Whitfield, director of the department responsible for monitoring compl ...
Sep 18, 2019, 9:54 am - Lottery News forum

The little firm that got a big chunk of D.C.'s lottery and sports gambling contract has no employees
The Greek company Intralot, which last month received a $215 million contract to bring sports gambling to the nation's capital and to continue running its lottery, says more than half the work will go to a small D.C. firm a condition that helped the gaming giant win the no-bid contract. The firm, Veterans Services Corp., will perform the ENTIRE subcontract with its own organization and resources, according to a document signed this summer by a top Intralot executive. District law requires ...
Sep 2, 2019, 6:36 am - Lottery News forum

Will R.I. Lottery win or lose in $1 billion IGT contract battle?
Is it a wise move that would keep more than 1,000 high-paying jobs in Rhode Island or just the latest example of a you gotta know a guy back-room deal? Is the lottery giant IGT as Rhode Island as Del's lemonade or as British as Big Ben? In short, is the proposed no-bid, $1-billion, 20-year extension of IGT's current 20-year gambling technology contract a solid win for the Rhode Island economy or an ill-advised sweetheart deal ? As state lawmakers prepare to review the proposal this fall ...
Aug 13, 2019, 8:34 am - Lottery News forum

Companies battle for Pa. lottery contract
For one firm, it will be something like winning the Powerball: A state government contract worth more than $800 milion that comes along just once a decade in Pennsylvania. The current contract to provide the gaming system and instant ticket game services that power the Pennsylvania Lottery expires in June 2019. The chance to become the lottery's partner for the next 10 years has the paucity of vendors who do this type of work pulling out all the stops. Two of the major players have hired lobb ...
Jul 30, 2018, 7:31 am - Lottery News forum

Florida Lottery shuts down popular lottery store
Includes video report A popular store for Florida lottery players to buy their tickets has been shut down for undisclosed violations to their retailer contract. The Lottery, Discount, and Liquor store in Cambellton, Florida has always been a popular spot for people to get a scratch off or cast their numbers for the Florida Lottery. But now if you pull up to the store, instead of seeing many cars and people in line you will see a almost empty parking lot and no lottery of any kind in the st ...
Dec 2, 2017, 12:56 pm - Lottery News forum

Did new Illinois Lottery private manager get too good of a deal?
Hoping for better luck the second time around, state officials unveiled a deal Friday to put the fate of the Illinois Lottery in the hands of a British firm that pledges bigger returns than those generated under the manager the state fired. In a do-over of the nation's first, controversial attempt at state lottery privatization six years ago, Illinois agreed to a contract with the only firm to bid for the potentially lucrative job: the Camelot Group. It comes as the state and Camelot pledge t ...
Oct 21, 2017, 9:55 am - Lottery News forum

Details of new Illinois Lottery manager deal kept secret
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 ...
Oct 4, 2017, 9:01 am - Lottery News forum

Illinois Lottery awards management contract to Camelot
By Todd Northrop Ending a years-long process of replacing its current management company, the Illinois Lottery today awarded its private management contract to Camelot Illinois, LLC essentially the same company that operates the United Kingdom's lottery. The Lottery's Notice of Award was posted to the Illinois Procurement Bulletin after the State of Illinois Chief Procurement Office of General Services certified the procurement rules for selecting the private manager were correctly followe ...
Sep 22, 2017, 7:51 pm - Lottery News forum

Missouri Lottery facing challenging issues with vendor contract
One of the Missouri Lottery's biggest contracts might not stand up in court if it was challenged by the company that runs its statewide network of ticket sales. That means the state doesn't collect as much money as the contract allows when the company is penalized for breakdowns. And, even when the Lottery does collect money for penalties, the proceeds are not directly funding public schools across the Show-Me state, according to a review by the Post-Dispatch. Rather, the cash is being rol ...
Sep 20, 2017, 10:48 am - Lottery News forum

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