Governor Corbett will have more time to consider a bid to privatize management of the Pennsylvania Lottery. Officials have announced that the lone bidder has agreed to extend its deadline, which was set to expire at midnight December 31st. The administration now has until January 10th to consider the offer from Camelot Global Services PA LLC.
The Revenue Department says the extension will allow the union representing Lottery employees to present a counter-proposal for commonwealth review.
The bid extension will also allow more time for the risk mitigation firm Kroll Advisory Solutions to analyze the suitability of Camelot as a potential private manager for the Pennsylvania Lottery.
Meanwhile, State Senator Mike Brubaker, chair of the Senate Finance Committee, issued a statement saying he’s pleased with the extension. He adds he has been informed that a second extension is anticipated.
As a result, the Senate Finance Committee will not alter plans to hold a public hearing on January 14th to provide an opportunity to fully vet the impact of privatizing lottery management.