Group pushes to privatize lottery / 4 GOP senators to file bill today
Source: By Andrea Estes, Boston Globe (MA), October 22, 2007
As Governor Deval Patrick's casino bill is being debated on Beacon Hill, a group of Republican lawmakers is pushing another way for the state to reap a large gambling windfall: privatizing the Massachusetts lottery.
........ Though several states have debated lottery privatization, none has approved it. California and Texas would probably be the first to close a deal, according to investment bankers and others who have pitched proposals around the country. The state would solicit proposals from bidders, who would have to pay $1 million to have their proposal considered, the bill says.