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In July 2016, it was reported that Illinois was seeking a new private firm to manage the state’s lottery. At that time, due to no major prize winners, the return was only a little over 60 percent.An analogy that may help differentiate between “odds” and “RTP” and whether the practice was fair, is to imagine playing a slots game with a progressive jackpot that must trigger by a certain dollar amount....

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A PhilWeb Corp.In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune. Although unrelated to Northstar, in August 2015 we reported that a state budget impasse was keeping any lottery jackpots from being paid out – that situation continued until a December 2015 bill authorized billion to fund the lottery....

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