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2 Finalists Picked for Illinois Lottery Contract
CHICAGO (AP) -- Two private companies are finalists for a lucrative, first-of-its-kind contract to manage Illinois' lottery.

In contention are Northstar Lottery Group -- a partnership between lottery giants GTECH and Scientific Games -- and Camelot Illinois, a subsidiary of the Canadian company Camelot Group.

Illinois Department of Financial and Professional Regulation spokeswoman Sue Hofer wouldn't name other companies that bid for the contract. Nor did she say how many bids were submitted.

Illinois would be the first state to entirely privatize the management and marketing of its lottery, a move mandated in legislation passed by the General Assembly. The state still would retain ownership and regulatory oversight.

The Illinois lottery has annual sales of more than $2 billion.

Gov. Pat Quinn must choose a winner of the 10-year contract by Sept. 15.

(Copyright 2010 by The Associated Press. All Rights Reserved.)
08 31 10 by Newsroom
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