State Sen. John Yudichak (D-Luzerne/Carbon/Monroe) today released the following statement regarding Pennsylvania Attorney General Kathleen Kane's decision to reject the plan to privatize the management of the Pennsylvania Lottery to a U.K.-based company, Camelot Global Services.
"I commend Attorney General Kane for her thorough review of the Private Management Agreement (PMA) and ultimately, her decision to reject the misguided plan to privatize one of our most consistent and predictable sources of revenue – the Pennsylvania Lottery.
"The concerns raised by Attorney General Kane about the lottery privatization are significant and could have potentially cost the Commonwealth millions of dollars in legal battles for years to come if we proceeded with the PMA.
"The Pennsylvania Lottery is a public asset and any decision on a public asset – especially a decision of this magnitude – should not be made unilaterally. It is my hope that this decision will allow the legislature to begin to look at ways to modernize our lottery system and maximize our profits so that we can provide more benefits to older Pennsylvanians."