Press Detail

Governor proposes $10B lottery sale or lease

Posted on May 22, 2006

Crain's Chicago Business

This article describes a plan to lease or sell the Illinois Lottery to a private operator and use the proceeds to provide long-term funding for public schools. The Civic Federation is quoted in support of the idea of privatizing non-core assets but cautions that the state's pension liabilities should be first priority for the revenue such a transaction would generate.