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ILLINOIS LOTTERY LOOKING FOR A NEW PRIVATISATION PARTNER?
Sunday August 31,2014 : ILLINOIS LOTTERY LOOKING FOR A NEW PRIVATISATION PARTNER?
Lottery starts search before NorthStar are fully out of the door.
The failure of the Illinois State Lottery's first attempt to privatise by engaging third party company NorthStar to run the enterprise has led to lottery officials exploring further options, suggesting that the privatisation model is still favoured over a return to state control.
InfoPowa readers will recall that NorthStar is being fired after failing to meet its promised financial targets, and negotiations around its departure are currently underway.
That hasn't stopped a search for a replacement, according to a weekend report in Chicago Business, which reveals that lottery management wants to have a successor on board by the end of the fiscal year.
Lottery Superintendent Michael Jones told the publication that his team is about to start drafting a formal Request for Proposals for firms interested in succeeding Northstar Lottery Group LLC.
"We anticipate naming a new private manager this fiscal year (June 30, 2015)," Jones said.
The imponderable at present is whether Illinois governor Patrick Quinn will retain his governorship in the November elections, where he faces a strong Republican challenge in the form of Bruce Reuner.
Reuner has played his cards close to his chest in the in-house vs. privatised lottery debate, but could be a decisive factor if he wins power.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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