All posts tagged: The Spectacular Failure of Government-Sanctioned Gambling

New York’s Latest Way of Enticing its Citizens to Lose Money

The latest ad campaign for the New York Lottery consists of the slogan: “Be Ready.” According the New York Times article below, the message of the campaign is that “anyone who plays the instant games…ought to be prepared to win immediately in a moment of instant gratification.”

It Only Takes an Instant, Lottery Ads Declare

CkirbyNew York’s Latest Way of Enticing its Citizens to Lose Money
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North Carolina Lottery Violates its Own State’s Lottery Advertising Laws

When North Carolina introduced the lottery in 2005, it put in a measure that officials thought would prevent it from exploiting people with gambling addiction. A law was passed forbidding the the agency to advertise the lottery in a way that would entice people to play. However, the North Carolina Lottery has disregarded this law.

What is North Carolina After? Bucks, bucks, bucks!

LesNorth Carolina Lottery Violates its Own State’s Lottery Advertising Laws
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Public Health Leader Calls on Rhode Island Not to Create Even More Gambling Addicts

Dr. Bob Breen, a psychiatrist from Rhode Island Hospital, wrote a letter in March 2011 to Rhode Island Governor Lincoln Chafee explaining that 50% of the state’s gambling revenue comes from addicts and warning that allowing table games would create 1,000 to 2,250 new addicts.

Bob Breen Letter to RI Governor Chafee

CkirbyPublic Health Leader Calls on Rhode Island Not to Create Even More Gambling Addicts
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One of the world’s largest accounting firms finds that gambling was the most common motivator of fraud

This 2009 Australian report from KPMG (one of the world’s largest accounting firms) finds that gambling was the most common motivator of fraud with an average value of $1.1 million per incident.

KPMG Fraud Survey

LesOne of the world’s largest accounting firms finds that gambling was the most common motivator of fraud
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Study spotlights how the Lottery exploits ordinary citizens in California

In 2007, the California Budget Project reported on the possible privatization of the state lottery. It reported that the poor, non-white, urban and less educated spend a higher portion of their income on the lottery than other demographics.

California Budget Project – Gambling on the Future

CkirbyStudy spotlights how the Lottery exploits ordinary citizens in California
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Money From Slots Has Done Nothing to Improve Horse Racing

This Washington Post story spotlights how slot money has been used to simply prop up tracks that have virtually no fan base and couldn’t exist on their own merits. When slots were legalized, the machines proved to be so lucrative many track owners lost interest in the sport and viewed it as a nuisance. They made no effort to improve the game or attract new fans; slot players are more profitable customers.

While the money has benefited owners, trainers and breeders, it has done nothing to popularize or improve horse racing. On the contrary, it has hurt the sport in some ways. At a time when almost every track is suffering from a shortage of thoroughbreds, the horses who go to slot-subsidized tracks could be running at viable tracks, helping them to offer a better product, instead of racing in a place where almost nobody watches them.

2012 Money from slots has done nothing to improve horse racing

LesMoney From Slots Has Done Nothing to Improve Horse Racing
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Wynn: “The Only Way to Win in a Casino is to Own One”

Casino owner Steve Wynn admits in the transcripts of this TV interview on The Charlie Rose Show that he has never seen a gambler step back, take his winnings and leave. Yet predatory gambling interests claim that to win and leave is ‘normal / recreational / responsible’…  Steve Wynn admits on national television it never happens.

Charlie Rose Interviewing Steve Wynn – Transcript

LesWynn: “The Only Way to Win in a Casino is to Own One”
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An Examination of Indian Casinos in Western New York

This report suggests that an expanded casino in the Buffalo-area will be a “huge money-sucking vacuum” for a city already struggling with high poverty. It was presented to the Legislation Committee of the Buffalo Common Council by Professor Steve H. Siegel, of the College of Hospitality and Tourism Management, Niagara University.

Comparing the Economic Competitive Advantages of Indian Run Casinos Located on Sovereign Lands in Western New York Over Other Hospitality Operations

CkirbyAn Examination of Indian Casinos in Western New York
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