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.
Click here to read the rest of the article written by Steve Thompson over at the Washington Post