NJ Signs Lottery Privatization Contract As Appeal Looms

Law360, New York (June 21, 2013, 7:12 PM EDT) -- Scientific Games New Jersey LLC on Friday announced the finalization of a 15-year contract to take over operation of the $2.7 billion New Jersey Lottery later this year, amid a pending legal appeal by public lottery workers who fear privatization will cost them their jobs.

The New Jersey-based subsidiary of Scientific Games Corp. said in a Friday press release that a joint venture called Northstar New Jersey Lottery Group will take the reins of the state’s lottery on October 1, following a transition period. Northstar —...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.