Illinois Lottery Revenue up 6 Percent
But Crain's Chicago Business reports the record sales and profits are still short of expectations promised by a private manager that was hired by the state three years ago.
Overall, lottery revenue rose to $2.8 billion. From that, $793.5 million went back into state accounts. Crain's says that's $153.6 million less than Northstar Lottery Group promised the state.
The company faces a $20 million penalty for the less-than-expected profits, but Northstar is disputing the size of the penalty it owes.
A company spokeswoman says the Northstar is "looking forward" to next year.
Information from: CRAIN'S CHICAGO BUSINESS.
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