Lottery takeover firm agrees to extend Pa. deadline
Corbett still trying to make this work
Pa. Gov. Tom Corbett's plan to boost Pennsylvania Lottery betting by giving England-based, Canadian-financed Camelot Business Solutions Ltd. needs another extension and new legislation, Corbett says here.
Corbett has refused the urgings of state treasurer and potential Corbett rival Rob McCord to kill the deal, which depends on Camelot to get Pennsylvanians to bet more. Camelot says it can answer the questions posed by McCord's fellow Democrat, Pa. Attorney General Kathleen Kane.
Says Camelot spokesman Laura Pearson: "Camelot has agreed with the Commonwealth to extend the deadline of the lottery management bid until 31st December 2013 in order to address the issues raised by Attorney General Kane." Camelot has promised a $200 million investment, an office in Pennsylvania, taxes and jobs in exchange for a chance to boost lottery sales and profits.