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The Inquirer looks at Camelot’s deal

Pennsylvania received one bid in response to its search for a private manager to run the state’s lottery system, officials announced Tuesday.

United Kingdom-based Camelot Global Services LLC was the only company to submit a bid outlining how much revenue it pledged to raise over a 20-year management contract.

Gov. Corbett’s administration briefed legislative staffers on the Camelot bid during a conference call . The Department of Revenue posted a document listing the company’s profit commitments on its website, though additional materials will remain confidential until a final decision is made.

Read the full article at the Philadelphia Inquirer »