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January 14, 2013

Pa. hires British firm to run $3.5B lottery

  • The deal pledges $34 billion in profits to the state over the next 20 years.
    • By MARC LEVY
    Associated Press

    HARRISBURG, Pa. — Camelot Global Services, the British national lottery operator, is poised to take over management of the Pennsylvania Lottery after Gov. Tom Corbett's administration said Friday that it had awarded a contract to the company in a deal that pledges $34 billion in profits to the state over the next 20 years.

    Pennsylvania, whose lottery is among the country's largest with $3.5 billion in sales last year, is on track to become the third state, after Indiana and Illinois, to hire a private lottery manager.


     
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