TRENTON – Gov. Christie hasn’t held a news conference about it, and his treasurer has refused to testify on it. But the Republican governor is close to privatizing the bulk of a $2.8 billion New Jersey institution.
Following a national trend already under way in Pennsylvania, Christie is negotiating a 15-year contract with a company to operate the state lottery in an effort to increase sales, thereby building more revenue for schools and state institutions.
Like Pennsylvania’s Republican Gov. Corbett, Christie bypassed the Legislature, much to its chagrin, in bidding out the system. And like Pennsylvania, New Jersey got just one bid in response to its request for proposals.
Unlike in Pennsylvania, where the pending contract was ultimately posted online and must be submitted for approval to the Democratic attorney general, New Jersey’s lottery bid is not public. Christie could just sign a contract in the next two months.