cbs3_blue-on-white_2013 Philly_KYW_new Philly_94WIP_new CBS Sports Radio 610 Philly_WPHT_new

Latest News

Pennsylvania’s Democratic Treasurer Has Concerns About Lottery Privatization

(The Pennsylvania Capitol. Credit: Getty Images)

(The Pennsylvania Capitol. Credit: Getty Images)

Check Out

By Tony Romeo

HARRISBURG, Pa. (CBS) - Pennsylvania’s Democratic treasurer is wading into the debate over Republican Governor Tom Corbett’s initiative to privatize management of the state Lottery.

State Treasurer Rob McCord, a potential Democratic candidate for governor, says his office will not make payments to a private Lottery manager if he’s not satisfied that the contract with the firm is legal. Pennsylvania Democratic Treasurer Has Concerns About Lottery Privatization

In particular, McCord is concerned that the privatization initiative includes the possibility of Keno, monitor-based games and Internet games being added to the Lottery’s offerings, and perhaps being added without legislative approval.

“If we can’t be assured about whether or not there’s an expansion of gaming, and who can authorize such an expansion of gaming, I can’t be assured that it’s legal.”

The treasurer, meanwhile, says there may also be legal concerns about the length of the contract under consideration. The Corbett administration is currently reviewing a proposal from a British firm that is pledging to generate more than $34 billion dollars in profits over 20 years.

Listen Live!

Follow CBS Philly

Like us on foursquare

Now on CBS Philly

nowon lovearts1 Now on CBS Philly nowon kidcast 03161 Now on CBS Philly nowon dec12 rac Now on CBS Philly  Now on CBS Philly nowon 3onyourside Now on CBS Philly nowon deal Now on CBS Philly dunkin homepage tile Now on CBS Philly  Now on CBS Philly