Written by Mike Redfern for LotteryWorld.com
The Camelot Groupâ€™s North American subsidiary is one step closer to becoming the private manager of the Pennsylvania Lottery – making it the third US state to do so along with Illinois and Indiana â€“ saying they can generate $34 billion in profits.
The decision, whilst not finalised, to hand over the $3.5 billion lottery to Camelot was announced to Pennsylvania state lottery employees byÂ Pennsylvania Revenue Secretary Dan Meuser on Friday January 11th afternoon.Â Mr Meuser said in an email:
“We’re confident that by combining one of the Nation’s best lotteries with one of the best private-sector lottery industry experts in the world, we’ll end up with a win-win proposition to grow and protect Lottery profits for decades to come.”
The next stepsâ€¦
The Corbett Administration has issued a â€œnotice of awardâ€ to Camelot, which at this stage is not binding, for a 20 year contract.Â The next step is for the disclosure of the contractual details to the Senate Finance Committee.Â The committee will collect information about Camelotâ€™s bid and will be able to address all contractual procurement questions â€“ then at a later date determine what is in the best interest of Pennsylvania.
Opponents of the deal are upset that the administration has awarded the contract ahead of the due process being completed.Â In an e-mail, House Minority Leader Frank Dermody, asked that the review be deferred and continued…
“â€¦the administration’s decision to barge ahead today [Friday January 11th, 2012] is beyond disappointing.Â It shows an outrageous contempt for the people of Pennsylvania.”
Council 13 of the American Federation of State, County and Municipal Employees have filed a lawsuit seeking to block any privatization agreement.Â David Filman of the union said.
“It’s just incredible that the governor would ignore the General Assembly and the thousands of Pennsylvanians we’ve heard from who understand that this is a bad deal for our seniors,”
Want to know more about or play the Pennsylvania Lottery
The Pennsylvania Lottery began on March 7, 1972, with a 50-cent ticket twice weekly draws and a grand prize of $1 million.Â It is the only state Lottery that allocates its proceeds to programs that benefit older residents â€“ contributing more than $22.6 billion.Â In just the last year alone, the Pennsylvania Lottery generated more than $1 billion in PA Lottery benefits for those programs.
To find out more about the Pennsylvanian Lottery and other US lotteries such as the powerball and Mega Millions or just to get the latest results try the Lottery.net.
Editorial comment – not only is this one step closer to Camelot having a foothold in the US it could be the first step towards UK and European lottery players being able to buy into the massive multi-state lotteries of the Powerball and Mega Millions. Who knows, may be even a World Lottery?