Privatizing the state’s lottery might be the right move, but the way the Corbett administration is going about it is not. Pennsylvania is already down to one bidder: Camelot Global Services, which runs the lottery in the United Kingdom.
Any student of business 101 knows that it’s hard to have negotiating leverage with just one company, especially because no other firms submitted final bids. Only two other states have privatized their lottery systems: Illinois and Indiana. Illinois is a case of what not to do.