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The little firm that got a big chunk of D.C.'s lottery and sports gambling contract has no employees
Beware of Greeks bearing grifts.
D.C. Politics
The little firm that got a big chunk of D.C.’s lottery and sports gambling contract has no employees
By Steve Thompson
August 28 at 9:48 PM
The Greek company Intralot, which last month received a $215 million contract to bring sports gambling to the nation’s capital and to continue running its lottery, says more than half the work will go to a small D.C. firm — a condition that helped the gaming giant win the no-bid contract. ... The firm, Veterans Services Corp., will “perform the ENTIRE subcontract with its own organization and resources,” according to a document signed this summer by a top Intralot executive.
District law requires companies with large public contracts to subcontract some work to small local businesses to create new jobs, expand the tax base and grow the local economy. ... However, Veterans Services appears to have no employees, according to interviews and District records. Until recently, the company’s website touted executives who didn’t work there. The man who leads it, Emmanuel Bailey, is a Maryland resident who is employed by an Intralot subsidiary, public records and company financial statements show.
In other documents and in response to questions from The Washington Post, Intralot officials said the work on the new sports gambling and lottery contract will be performed by DC09, a company that a business agreement shows was formed by Intralot and Veterans Services 10 years ago. At the time, Intralot was vying to run the D.C. lottery.
Intralot and Bailey say that because Veterans Services owns 51 percent of DC09, it is responsible for that share of DC09’s work. ... Intralot, however, funded the creation of DC09, guaranteed the lease for its office space and controls the company, according to Intralot’s financial statements, public records and interviews. Bailey’s six-figure compensation in each of the past five years has also been paid by DC09, not Veterans Services, according to Intralot’s financial statements.
....
Steve Thompson writes about government and politics in Maryland, D.C. and Virginia. Before joining The Washington Post in 2018, he was an investigative reporter for the Dallas Morning News. He started his career as a police reporter at the St. Petersburg Times. Follow https://twitter.com/stevesthompson
The little firm that got a big chunk of D.C.’s lottery and sports gambling contract has no employees
By Steve Thompson
August 28 at 9:48 PM
The Greek company Intralot, which last month received a $215 million contract to bring sports gambling to the nation’s capital and to continue running its lottery, says more than half the work will go to a small D.C. firm — a condition that helped the gaming giant win the no-bid contract. ... The firm, Veterans Services Corp., will “perform the ENTIRE subcontract with its own organization and resources,” according to a document signed this summer by a top Intralot executive.
District law requires companies with large public contracts to subcontract some work to small local businesses to create new jobs, expand the tax base and grow the local economy. ... However, Veterans Services appears to have no employees, according to interviews and District records. Until recently, the company’s website touted executives who didn’t work there. The man who leads it, Emmanuel Bailey, is a Maryland resident who is employed by an Intralot subsidiary, public records and company financial statements show.
In other documents and in response to questions from The Washington Post, Intralot officials said the work on the new sports gambling and lottery contract will be performed by DC09, a company that a business agreement shows was formed by Intralot and Veterans Services 10 years ago. At the time, Intralot was vying to run the D.C. lottery.
Intralot and Bailey say that because Veterans Services owns 51 percent of DC09, it is responsible for that share of DC09’s work. ... Intralot, however, funded the creation of DC09, guaranteed the lease for its office space and controls the company, according to Intralot’s financial statements, public records and interviews. Bailey’s six-figure compensation in each of the past five years has also been paid by DC09, not Veterans Services, according to Intralot’s financial statements.
....
Steve Thompson writes about government and politics in Maryland, D.C. and Virginia. Before joining The Washington Post in 2018, he was an investigative reporter for the Dallas Morning News. He started his career as a police reporter at the St. Petersburg Times. Follow https://twitter.com/stevesthompson
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