SPRINGFIELD – The Illinois Lottery's private manager fell nearly $100 million short of the profits it promised to deliver the state in its first year of operation, according to a published report Tuesday.

Northstar Lottery Group pledged to reap $825 million in profits when it took over lottery management in July 2011 and later lowered its estimate to $770 million. An analysis by the Chicago Tribune puts the results at $726 million in net revenue at the end of the fiscal year.

That's still a record profit for the lottery, which collected $690 million the year before.