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Privatisation For New Jerset Lottery
Wednesday June 12,2013 : NEW JERSEY GOVERNOR WINS ON LOTTERY PRIVATISATION (Update)
Privatisation can go ahead despite political and trade union opposition
New Jersey governor Chris Christie won an important victory this week in his drive to privatise the state lottery despite political and trade union opposition to his plans to sign a long-term contract with Northstar New Jersey to run the lottery and boost its revenues.
The New Jersey Apellate Division ruled Tuesday that Christie's administration can sign the deal with Northstar, turning over management of New Jersey’s lottery. Earlier, the Communications Workers of America trade union had asked the court to block the contract.
North Jersey.com reports that Northstar New Jersey is a joint venture between Scientific Games, the Ontario municipal pension fund and GTech. It won a 15-year deal earlier this year to manage the lottery in an agreement that includes an upfront payment of $120 million and a commitment to increase lottery profits by nearly $1.5 billion over the life of the contract.
The agreement has been bedevilled and delayed by opposition from the state’s largest public-sector union, which represents lottery workers who could be affected by the privatisation, claiming that it would violate state and federal laws.
The Communications Workers of America also argued that the state violated regulations in selecting Northstar, which was the only company that bid for the contract, whilst political opponents from the Democratic Party asked the US Justice Department to intervene.
Christie's victory was not complete, however; although the two-judge panel allowed the deal to go forward on grounds that the union had not shown that it could cause “irreparable harm,” it agreed to hear the CWA’s appeal on an expedited basis.
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The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
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