Camelot wins 10 year provisional contract to run Illinois State Lottery - Betting News | Sports News | Casinos News | Gaming Reviews

Camelot wins 10 year provisional contract to run Illinois State Lottery

The Illinois State Lottery is reportedly hoping to significantly repair its reputation after provisionally awarding the firm behind The National Lottery in the United Kingdom with a ten-year deal to operate its services. According to a report from the Chicago Sun-Times newspaper, a subsidiary of Camelot Group known as Camelot Illinois LLC was the only entity to bid for the $2.2 billion contract and will now take over the running of the Illinois State Lottery subject to the successful completion of a 14-day “protest period”.

“Camelot [Group] has shown more than a decade of success in managing lotteries throughout the world,” read a statement from Greg Smith, Acting Director for the Illinois State Lottery. “The [Illinois State] Lottery and Camelot Illinois [LLC] have common goals to responsibly grow the [Illinois State] Lottery’s player base, align incentives, eliminate conflicts of interest, introduce new technology and innovation and ensure responsiveness to public needs and concerns.”

Northstar Lottery Group, which is a joint venture of International Game Technology (IGT) and Scientific Games Corporation, became the first private firm in the United States to run a state lottery when it began operating Illinois’ games in July of 2011. However, its contract was cancelled by Republican governor Bruce Rauner two years ago following allegations that it had manipulated the number of winning tickets while failing to meet its promised profit margins. The newspaper cited a release from the Illinois State Lottery as revealing that the agreement with Chicago-based Camelot Illinois LLC has been calculated utilizing a “revised structure” that “aligns financial incentives” and additionally includes the provision of “permanent point-of-sale at retailers, new games and a next-generation iLottery platform” that will support “omni-channel lottery participation”.

Camelot established a local office in the state last year for the express purpose of winning the Illinois Lottery’s business, although it likely didn’t hurt that Camelot was the only bidder for the 10-year contract. The Illinois Lottery had previously been managed by the Northstar Group, a joint venture of Scientific Games Corporation and International Game Technology, which beat out Camelot for the 10-year contract at the start of this decade.

In a clear nod to its previous difficulties, the Illinois State Lottery moreover reportedly declared that the latest contract calls for “transparency and regular audits” while Camelot Illinois LLC is to help the service pursue the Level Four standards of the World Lottery Association.

Popular News

3
Jorge Martin's the MotoGP World Champion in 2024
18 November 2024
Jorge Martin follows in the special footsteps of legend Valentino Rossi in becoming...
Giacomo-Raspadori-France-Italy-Mike-Maignan-goal
Italy vs France Result: Score 1-3
18 November 2024
The Italian national team had to admit the superiority of the French national team...
1c52a6c76b073925c7bb991e12210245
England vs Republic of Ireland Result: Score 5-0
18 November 2024
The England national team successfully defeated the Republic of Ireland national...
AP24322784114013
Israel vs Belgium Result: Score 1-0
18 November 2024
The Israeli national team defeated the Belgian national team with a score of 1-0...
Share on facebook
Facebook
Share on twitter
Twitter

SHARE THIS ARTICLE WITH FRIENDS

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on google
Google+

Leave a Comment

Your email address will not be published.