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Pennsylvania Lottery Privatization Deal

Wednesday, January 16, 2013

State Sen. Wayne D. Fontana

Fontana Discusses PA Lottery Privatization Deal

The Administration has less than a week to execute an agreement that will turn the management of the Pennsylvania Lottery over to a private British company, Fontana says.

Last Friday, the Corbett Administration issued a “notice of award” of a 20-year management contract for the Pennsylvania Lottery's $3.5-billion operation to the British-based firm Camelot Global Services, PA, LLC. The notice of award is not yet a binding contract commitment, but a first step in the privatizing process. The Administration now has less than a week to execute an agreement that will turn the management of the Pennsylvania Lottery over to the private company. The Administration is currently under a lot of scrutiny by many members of the General Assembly, as well as the labor union representing lottery workers. Prior to a Senate Finance Committee hearing yesterday, there were lots of questions that remained unanswered including …

Theresa

6:48 pm on Wednesday, January 16, 2013

Shady?...hmm everything about this plan is terrible. Someone should investigate, someone like the AG, Kathleen Kane.   more ›

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