nakedempire


The American Empire in a Changing World



Pages

Thursday, July 26, 2012

''The Semi-Private Lottery''

From PewStates.org

''Last year, Illinois became the first state in the nation to semi-privatize its lottery operations, contracting with a management consortium, Northstar Lottery, to run things on a day-to-day basis. The state is hoping that this experiment will help it win the fiscal jackpot.

Other states are looking on with interest. Faced with a persistently rocky economy, and budgets straining at the seams, a number of them may soon follow the Illinois example. Partial privatization of lottery services is attractive to states looking to quickly develop new games, leverage technology — and shift the risks to the private sector. “This is a way that lotteries are looking at boosting sales,” says Kilsby, “without having to expend state resources.''

read more 

No comments:

Post a Comment