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Camelot agrees to a 24-hour extension in lottery talks. Big of them. Anyone understand why it appears that Camelot has the leverage? It’s our lottery, right?

In a short two-sentence statement, Gov. Tom Corbett’s office said the United Kingdom-based Camelot Global Services PA LLC has granted a one-day extension to its bid to take over management of the Pennsylvania Lottery that was set to expire today.

“Negotiations toward a longer extension will continue tomorrow,” the statement said.

Camelot issued a statement saying that the extension was granted to “continue productive discussions with the commonwealth. We stand by our commitment to make major investments in the Pennsylvania Lottery – in its brand, in its operations and in its people.”

Read the full article at PennLive »