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Pennsylvania Dumps Lotto Deal With Camelot

Tuesday December 31,2013 :  PENNSYLVANIA DUMPS CONTROVERSIAL LOTTERY DEAL WITH U.K. COMPANY (Update)
 
Governor backs off after fierce opposition.
 
Governor Tom Corbett's plan to privatise the management of the Pennsylvania state lottery through a deal with British lottery company Camelot has been abandoned following fierce political, lottery employee and state official opposition, the Reuters news agency reported Monday.
 
Over a year ago the state agreed a deal with Camelot Global Services LLC, a subsidiary of Britain's national lottery operator, Camelot Group plc, to guarantee $34.6 billion in payments to the state over 20 years to manage the Pennsylvania lottery.
 
However, Pennsylvania Attorney General Kathleen Kane refused to ratify or approve the deal, and the governor was forced to repeatedly extend the timelines involved.
 
The Reuters report notes that Kane, a Democrat seen as a potential rival to Corbett for re-election next year, said the first-term governor had overstepped his authority and contravened the state constitution in signing the deal.
 
The last timeline extension on the contract expires today (Tuesday), and in a last-minute announcement Monday the governor revealed that the project is to be abandoned, leaving the operation and management of the state lottery in state hands.
 
"As we move forward, we will take what we've learned to make our successful lottery even better - expanding the player and retailer base, improving player loyalty, and implementing strategies that will grow our lottery, responsibly and efficiently," Corbett said in a statement.
 
Corbett spokesman Jay Pagni said that privatisation was still an option but that there were no other bidders or specific plans.
 
"The need still exists to grow the lottery to provide a predictable and reliable revenue stream for those that benefit from it," Pagni said.
 
Pennsylvania's state lottery dedicates all of its proceeds to programs that benefit senior citizens - including property tax and rent rebates, reduced transportation costs and low-cost prescription drug programs.
 
A disappointed Camelot Global Managing Director Alex Kovach said in a statement:
 
"We remain on good terms with the Commonwealth of Pennsylvania and are open to future possibilities."
 
The Reuters report suggests that Gov. Corbett may have a tough time after several failed initiatives when re-election comes around in 2014.
 
A Quinnipiac University poll this month found that his approval rating had fallen to 36 percent - his lowest since being elected in 2010 - with 53 percent of registered voters disapproving of his job performance.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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