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State to Award Private Manager to Handle Lottery

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Today, Illinois officials are expected to name a private manager to handle the state lottery.

Officials say the lottery is a more than $2 billion business, and they hope a private manager can grow that revenue even more. The state has narrowed the field down to two international finalists--Northstar Lottery Group, a partnership of three existing companies and Camelot, a lottery operator from the United Kingdom.

The contract between the winning private group and the Illinois Lottery is expected to last for 10 years.

State lawmakers passed a measure last year allowing lottery management to be out-sourced.

The process began in the spring when the state hired a consulting firm to help find a private manager. That contract cost the state nearly $4 million.

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