Quinn Fires Lottery Firm
Too bad it took three years and an almost half-a-billion dollar shortfall to get to this point:
- Bowing to a lackluster bottom line, Gov. Pat Quinn’s administration moved Friday to terminate the state’s contract with Northstar Lottery Group, the private vendor that manages the Illinois Lottery. “The administration has had serious concerns with Northstar’s performance. The governor demands every state contractor be held accountable for their performance,” Quinn spokesman Grant Klinzman said.
The company is running $238 million short in projected earnings it had promised the state this fiscal year.
And during the past three years, the company has underperformed by roughly $480 million, prompting calls from some lawmakers for the Quinn administration to pull out of what had been a 10-year contract with the company to run the day-to-day operations of the state’s $2 billion lottery.
Labels: state politics