Monday, December 30, 2013
HARRISBURG, Pa. (AP) - Gov. Tom Corbett is ending his pursuit of the British national lottery operator to run the Pennsylvania Lottery in a privatization deal promising $34 billion in profits over 20 years.
Corbett's announcement Monday came nearly a year after Attorney General Kathleen Kane rejected the Camelot Global Services contract as illegal.
His administration also couldn't persuade lawmakers to make such a contract legal.
Corbett is not ruling out rebidding a lottery management contract in the future. But spokesman Jay Pagni says it makes sense to move on because Pennsylvania's political, legislative and competitive landscape has changed since Camelot submitted its bid.
The deal was worth hundreds of millions of dollars and cash incentives to Camelot. The Pennsylvania Lottery is among the nation's largest, with $3.7 billion in sales last year.
Copyright 2013 The Associated Press.