Warren Buffett Speaks Out Against Government-Sanctioned Gambling
Warren Buffett on Gambling – Transcript
Warren Buffett on Gambling – Transcript
This study by the Nova Scotia Department of Health found that only 4% of net gambling machine (or so-called “video lottery”) revenue was derived from “casual” players, even though they
This must-read series from The Oregonian details the business practices of the Oregon Lottery. It represents one of the very best investigative journalism efforts into state lotteries ever done. 2013
This paper examines United States lottery revenues and finds an increase in lottery activity during weeks in which transfer payments (i.e. Aid to Families with Dependent Children, Social Security, disability,
According to the survey of 1,000 Americans by Opinion Research Corporation for the Consumer Federation of America and the Financial Planning Association, 21% of Americans believed that the lottery would be
This detailed study by Cornell University shows that state lotteries get a disproportional amount of sales from the poor and disadvantaged and examines the reasons behind why those who have
This powerful essay by Elizabeth Winslow McAuliffe in Public Integrity shows how the lottery is a public policy failure by spotlighting two fact-based conclusions: 1) the evidence indicates that the
This excellent blog post from The Tax Foundation highlights how the state of Oregon, after passing a smoking ban in bars and restaurants to restrict a dangerous activity, launched an
This report from the Productivity Commission of Australia (the Australian Government’s independent research and advisory body) provides an in-depth analysis of the effects of the predatory gambling industry on the
According the New York Times: “States are also trying to bolster the number of ‘core’ players, according to interviews with lottery officials in several states. Such players typically represent only