Pennsylvania Lottery hits sales, profits records amid fight

HARRISBURG, Pa. - The Pennsylvania Lottery achieved records in sales and profits, even as Gov. Tom Corbett fought to hand its management over to a private British firm.

The lottery Thursday reported sales of $3.7 billion in the fiscal year that ended June 30. That's up $219 million, or six percent. Profits were relatively flat at just above $1 billion, rising $6.5 million, or less than 1 percent.

Profit margin shrank from above 30 percent to below 28 percent, as the cost of sales rose by nearly $200 million, or about eight percent.

Corbett wants to hire Camelot Global Services to run the lottery, saying it promises higher and more stable profits. His administration is trying to rewrite the contract after Attorney General Kathleen Kane rejected it in February as illegal.

Due to our site relaunch on October 25, previous comments on existing stories are no longer available.  This change is due to the limitations of Facebook's software 

The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the TERMS OF USE  and the comment you are posting is in compliance with such terms. Your comments may be used on air. Be polite. Inappropriate posts or posts containing offsite links may be removed by the moderator.

Allentown, PA 18102





  • %

This Week's Circulars

Top Stories

Latest from the newsroom

More from the Newsroom