Lottery for sale.
Position | STATELINE - Brief article |
Illinois is trying to sell its state lottery system, hoping to attract as much as $10 billion from investors. The proposed lottery sale is almost certain to be one of the largest privatizations of a state-run program. Under the proposed sale, the state would receive the one-time payment and the lottery's new owners would receive all revenue and profit for 75 years. Although the governor has said he hopes to use the money for...
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