The Arkansas Scholarship Lottery wants to extend its contract with a Greece-based company by seven years without seeking bids, a move that lottery Director Bishop Woosley estimates would save the lottery about $2.145 million over eight years because the company is offering to reduce the rate it charges.
The lottery’s current contract with Intralot Inc. expires Aug. 14, 2019. The proposed extension would stretch that to Aug. 19, 2026, but the company’s reduced-rate offer would take effect the first of next year.
