Northstar Reaches Settlement With Illinois Lottery

Dispute settlement agreed

GTECH S.p.A. and Scientific Games consortium Northstar Lottery Group LLC has entered into an early termination settlement regarding its private management agreement (PMA) with the Illinois Department of Lottery.

The PMA which went into effect on January 18, 2011 (see previous InfoPowa reports), is now expected to terminate in approximately 12 months.

As part of the termination agreement, the Lottery and Northstar have agreed to cease a dispute resolution process regarding adjustments to Net Income Levels in the PMA and all outstanding litigation and other disputes.

The agreement doesn't affect GTECH's other contracts with the Lottery.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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