Consultant lays out 'ambitious' vision for Arkansas Lottery
A consultant for the Arkansas Scholarship Lottery envisions ticket sales steadily increasing from $450 million in the current fiscal year to $615 million by fiscal 2021 and net proceeds for scholarships rising from $85 million to $109 million in the same period.
Camelot Global Services' self-described ambitious five-year business plan proposes many changes, including overhauling the portfolio of scratch-off and draw-game tickets, increasing the lottery's $5 million marketing budget to $7.5 mi ...
Mar 13, 2016, 11:33 am - Lottery News forum
Arkansas Lottery officials sign contract with Camelot for business plan
Arkansas officials signed a contract Monday with lottery consultant Camelot Global Services, which will develop a business plan for the state lottery and help implement the plan, a spokesman for the state Department of Finance and Administration said.
Lottery Director Bishop Woosley and finance department Director Larry Walther signed the contract, said spokesman Jake Bleed. Camelot has offices in Philadelphia and London.
We are awaiting confirmation on their end that the contract has bee ...
Dec 1, 2015, 9:30 am - Lottery News forum
UK Lotto game to change in October
Harder to win, but guaranteed millionaires
Lotto players in the United Kingdom will have to select their winning numbers from a pool of 59 rather than 49 under sweeping changes to the game taking effect later this year.
The UK National Lottery operator, Camelot, said the enhancements would give players a better chance of winning and becoming a millionaire.
It said a new Millionaire Raffle would guarantee at least one millionaire per draw, the average winning jackpot was expected to be t ...
Jun 16, 2015, 4:41 pm - Lottery News forum
New Ireland Lottery operator expected to raise prices
Ireland's National Lottery is expected to raise ticket prices next year as part of a shake-up of the business aimed at halting several years of declining sales.
The new operator, Premier Lotteries Ireland (PLI), is under pressure to recoup its 405 million outlay for the licence and is known to have set ambitious growth targets for its 20-year tenure in charge.
While higher ticket prices would, in theory, generate bigger jackpots and potentially more publicity around its weekly draws, the m ...
Dec 16, 2014, 9:00 am - Lottery News forum
Pennsylvania will not privatize lottery
Pennsylvania is scrapping a deal with a U.K.-based company to privatize management of the state's lottery system, Governor Tom Corbett said on Monday.
The state struck a deal more than a year ago with Camelot Global Services LLC, a subsidiary of Britain's national lottery operator, Camelot Group PLC, to guarantee $34.6 billion in payments to the state over 20 years to manage the Pennsylvania lottery.
But Corbett's administration repeatedly had to extend the contract after Pennsylvania Atto ...
Dec 31, 2013, 8:43 am - Lottery News forum
Pennsylvania Senate may work privatization deal
But solution may not come until 2014
There is broad support among Senate Republicans to give the governor authority for a private company to manage the Pennsylvania Lottery and legalize electronic games such as keno to boost state revenue, the Senate majority leader said on Monday.
But quick action in the Legislature appears unlikely, said Sen. Dominic Pileggi, R-Delaware County. He didn't rule out a vote on Tuesday but noted long odds against that happening. Many senators want further vet ...
Dec 10, 2013, 7:57 am - Lottery News forum
Pa. Gov. extends lottery privatization contract
Gov. Tom Corbett's administration will continue its examination into the privatization of the management of the Pennsylvania Lottery for two more months.
The administration announced Tuesday that United Kingdom-based Camelot Global Services has agreed for an 11th time to extend its bid's expiration date, which was set to expire today. It now is good through Dec. 31.
Camelot, the lone company to submit a bid, committed to generating $34.6 billion in profits to fund lottery-funded programs f ...
Oct 30, 2013, 11:30 am - Lottery News forum
Pa. Gov. defends lottery privatization exploration
If privatizing the Pennsylvania Lottery's management isn't the answer to ensuring reliable and predictable funding for programs for older Pennsylvanians, what is?
That's the question that a spokesman for Gov. Tom Corbett raised in responding to state Treasurer Rob McCord call on Monday to pull the plug on the administration's lottery private management agreement (PMA) pursuit.
Our need is outpacing our ability to fund those programs, said Corbett press secretary Jay Pagni. The PMA is a ve ...
Oct 29, 2013, 8:10 am - Lottery News forum
Pa. Lottery privatization pursuit nears another deadline
Treasurer Rob McCord urges Corbett to drop the idea
The price tag for exploring Gov. Tom Corbett's idea for outsourcing management of the Pennsylvania Lottery has crossed the $4 million threshold and is marching toward the $5 million mark.
Recent revisions to the contract with the administration's outside legal advisers, DLA Piper, alone now allow it to be paid as much as $3.4 million.
That is up from the original $375,000 cap set when the firm was hired in March 2012 and has steadily r ...
Oct 28, 2013, 8:45 pm - Lottery News forum
Ireland National Lottery to be sold for €405M
An Post and the operators of the UK National Lottery are in line for a 405m (US$551.6 million) buyout of the Ireland National Lottery after Public Expenditure Minister said the consortium was the preferred applicant.
Brendan Howlin said the bid by Premier Lotteries Ireland, a consortium consisting of An Post and its pension funds and the Camelot group who operate the UK lottery, had met the Essential Requirements and has submitted the highest License Fee proposal .
Discussion on finalizing ...
Oct 3, 2013, 4:27 pm - Lottery News forum