AUSTIN, Texas (AP) _ Big businesses are about to compete for a piece of the action in the Texas lottery.
International lottery companies are presenting proposals to the state by Tuesday showing how they would oversee the Texas Lottery if they land its lucrative operations contract.
The Texas contract is currently held by GTECH Corp. It rarely comes up for bid, so the stakes are high for the competing businesses and taxpayers.
Each year the state’s lottery generates some $3 billion in ticket sales, and the operator of the contract makes about $100 million per year.
Three firms _ Scientific Games Corp., Intralot Inc. and GTECH _are likely to submit bids. All year the bidding process has been caught in conflict-of-interest questions that still linger.