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Analysis: Skepticism should be part of every privatization deal

By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Then-Hoosier Lottery head Karl Browning said three years ago he could see “no scenario” in which the state could produce – on its own – the revenue and profits that a private vendor promised it could. Turns out that private firm – GTECH – couldn’t do it either. In […]

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Hoosier Lottery changes contract with GTECH

By Katie Stancombe TheStatehouseFile.com INDIANAPOLIS — The Hoosier Lottery Commission decided to restructure its contract with Rhode Island based GTECH after a down spiral in profits over the past two years. Simply put, GTECH failed to meet their required income of $320 million in fiscal year 2015. Hoosier Lottery Spokeswoman, Courtney Arango, said that the […]

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Hoosier Lottery sets revenue record, falls short of goal

By Seth Morin TheStatehouseFile.com INDIANAPOLIS – The company running the Hoosier Lottery came up just short of its revenue goals for 2014 – but made a record amount of money at the same time. GTECH – a private management company that took over the Hoosier Lottery’s day-to-day operations in 2012 – had an estimated $250 […]