State running out of time for lottery deal - abc27 WHTM

State running out of time for lottery privatization deal

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State officials are still looking into a potential deal that would privatize management of the state's lottery system, but they may be running out of time.

The state has until Thursday to give Camelot Global Services an answer on its bid to manage the lottery. Originally officials were supposed to respond to that offer last week, but the deadline was extended. The state wanted to give the lottery workers' union more time to submit its own proposal. Officials are also waiting on a consultant's report about Camelot's suitability.

Right now, the company has a $34 billion offer on the table.

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