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Downsizing Harness Racing

In Lawrence County, Indiana the end of 2016 has seen the demise of a twelve year effort to gain financing for harness track with a casino. On July 13, 2016 the Gaming Control Board turned down a casino/track application on… Read more

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Nevada Wagering Accounts

QUIZ: What is the purpose of gambling regulations in Nevada? a) To make money, b) To make money, c) To make money, d) To make money. Did you get it right? The Gaming Control Board is asking the Legislature to… Read more

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Illinois lawmakers call for investigation

A week ago the Chicago Tribune reported that the Illinois Lottery had not awarded 40% of the biggest prizes. The games started in mid-2011 and several of seventeen big games did not award at least one big prize, and three… Read more

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Rhode Island casino seeks greener pastures

A casino plan to move from Newport, R.I. to Tiverton won locally by just 368 votes, but won easily state wide. The casino corporation spent $3 million on the election, gainst no formally organized opposition. The move for the casino… Read more

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American Gaming Association wants repeal of PASPA

The American Gaming Association (AGA) wants more gambling regardless of the consequences to families and economies. In 1992 the U.S. Congress passed and the President signed the Professional and Amateur Sports Protection Act (PASPA) which sought to eliminate gambling on… Read more

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Gambling over the Internet Part II

As we noted in Part I while the two largest companies, Draft Kings and Fan Duels, received over $3 billion in “entry fees” in 2015, they did not make a profit. They were plagued by employees playing on the other… Read more

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Illinois is Slipping into Addiction

Illinois is slipping away into the depths of gambling. Innocent eyed reporters who believe everything they are told by a nice suit, are reporting on the “hot hand” the video gambling machines have in the state. There are 24,000 of… Read more

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Casino Stagnation

The carpet may be a little more garish, the machines a little fancier, and money a little easier to access from the casino floor. But basically they are still offering slots and table games. When the recession hit is 2008… Read more

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Millennials have low interest in Gambling

The Millennials are defined as those born between 1980 and 2000 A.D. They constitute the largest group of the population, over 83 million or 25% of the U.S. population. The next largest group are the Baby Boomers at 75 million… Read more

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Gambling kills one Australian pre Day

Australians spend A$761 per capita per year on gambling, the highest rate in the world. As a result nearly 400 per year commit suicide over gambling debt. Australians spent A$23 BILLION last year, over half of it on slot machines…. Read more

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Long term Leadership

When I first became involved with opposing gambling in 1992, The Rev. Tom Grey was the Executive Director of the Coalition Against Legalized Gambling, a small Board directed the organization and Dr. Guy Clark was a Board member.   Now, twenty… Read more

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First three days of the Keeneland Fall Yearling Sale

Today, I am noting some interesting bits from the first three days of the Keeneland Fall Yearling Sale. The first day held no surprises. Buyers were still looking for good horses at moderate prices. Only one horse sold for a… Read more

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Virginia Fantasy Sports Innovation

One Virginia company is trying to remove the biggest complaint about Daily Fantasy Sports: the wealthy players who dump a thousand entries into the pot every day and dominate the winners. Virginia has legalized the games and passed some fairly… Read more

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Blog No 88 Ohio Losses

Ohio now has four large casinos, racinos at seven racetracks and a large lottery. Over the past four years Ohioans have bet $62.9 BILLION at these venues. They lost $9.7 BILLION meaning that 84% of what was bet was returned… Read more

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New York State Approves Daily Fantasy Sports

New York State approved daily Fantasy sports and allowed the DFS companies to resume play on August 22. The New York Gaming Commission notified five companies, Fan duel, Draft Kings, Yahoo, Fantasy Draft and Draft that they could begin processing… Read more

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Italy Expands Gaming and Damages Economy

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Alabama considers a lottery

The Republican Governor of Alabama has asked the legislature to approve a referendum on a lottery. He says the legislature has refused to reduce spending or raise taxes, and the state is facing an $80 million shortfall. The Christian Science… Read more

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Indian Property Rights

Naomi Schaefer Riley wrote an appeal for Indian property rights, so they can borrow to establish businesses, in the July 27 issue of the Wall Street Journal. For the last three decades about all they could do to make money… Read more

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High Tech Wagering

You will never guess how high-tech wagering in entering the US. Through horse-racing!!! Only New Jersey has approved it so far, although it has also passed the California and New York Legislatures, although the tracks are resisting. You can bet… Read more

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Atlantic City Casinos

Atlantic City was reduced to eight casinos after it lost four in 2014 and 2015. It is supposed to get back to nine as The Revel was to reopen on June 16. I have yet to find where that is… Read more

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Need for legislatures to rein in the excesses of casinos

Former President Bill Clinton once floated the idea of a 2% federal tax on casinos. He drew such a storm of criticism from gambling governors and casino owners that there were two results. Clinton withdrew his proposal and the American… Read more

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Business and Gambling

  One of the greatest mysteries of any campaign to introduce slots at a tracks or to open a new casino is that the local Chambers of Commerce lends their support to the gamblers.. The reason this is a mystery… Read more

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Downtown Atlanta Casino

As usual, the casino owners are touting taxes and jobs as they woo downtown Atlanta as a new potential site. It will be an expensive proposition with high land costs, expensive building costs and other problems, so the initial proposal… Read more

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New York Fantasy Sports Battle

A week from today, New York’s legislative session for 2016 ends. There is fantastic pressure to craft a “regulate and tax” deal to allow the games in the state with over a million players. The opponents and proponents are various,… Read more

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State Rank by Fiscal Condition

The  Mercatus Center of George Mason University has issued its second annual ranking of the states by fiscal condition. The ranking is based such factors as cash on hand, short and long term debt and underfunded pensions and health care… Read more

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Massachusetts Lottery

Once again Massachusetts tops the lottery sales charts with sales over $5 billion last year. The individual sales average was $740 per capita, with 50 communities (lower incomes) topping $1000 per capita. A total of $3.6 billion was paid out… Read more

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Tightening the screws on the poor gambler

 ANOTHER TURN OF THE SCREW The hottest new thing in Australia where citizens gamble more per capita than any other country is the casino debit card account. The bettor places money on the card and then can use it for… Read more

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Public Gain and Private Pain

Let me say it again with emphasis! Slot machines bring money to owners and government very visibly. The players lose money and suffer in private. The gains are very public, but the losses are borne privately. Until government officials and… Read more

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Fantasy Sports Games Work on their defense

  As attacks against daily fantasy games (DFGs) have increased, so has their defensive strategy. While they are struggling against New York’s Attorney General, other states have proved to be softer targets, if the states have more poorly written laws…. Read more

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Citigroup shuts off Fantasy Games

CITIGROUP AND FANTASY GAMES On February 5, 2016 announced it was blocking payments from credit and debit cards to FanDuels and DraftKings fantasy sports game sites from New York patrons. The New York attorney general has declared the sites to… Read more

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Slots Invade the Airports

 SLOTS INVADING THE AIRPORTS OTG is a little known company that provides food services at many airports around the country including many of the largest. They have recently been installing tablets at their tables so you can order the minute… Read more

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Creating Piecemeal casinos in Illinois

PIECEMEAL CASINOS Bureaucrats are not always consistent. You put several together and form an Illinois Gaming Board, and the resulting rulings can be inconsistent. Some time back one member of the Board called strip malls with two or more five… Read more

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Fantasy Game Proponents Distort Reality

DISTORTING REALITY As the debate over Daily Fantasy Sports Gambling intensifies, more and more outrageous claims are made. A push is currently underway to legalize the games in Nebraska and some rather wild claims are being made. The promoters of… Read more

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Connecticut ignores GE, lavishes attention on casinos

CONNECTICUT MISTAKE The Democratic leadership if Connecticut had a choice. They could lower the massive tax increases, reasonably, lower the “yawning” deficits, and clean up and clarify the murky budgeting process, or General Electric Co. would move its headquarters to… Read more

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Suicide

SUICIDE AAmericans do not want to face the ugly side of gambling. One of the hidden side effects of gambling is suicide. Here in the US we do not even collect information about suicide and gambling. They do in Canada…. Read more

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Global Gambling Losses

  December 26, 2015   In early September of 2015 The Economist published one of their “Graphic Detail” series. It was a national comparison of several facts about gambling. The article was entitled “Betting the House.” There are four main… Read more

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Connecticut Casino Collapse

The two Connecticut Indian casinos enjoyed over a decade of roaring hot success. They drew over half their customers from out of state, employed over 20,000 people, and fueled expansion from the hundreds of millions they took in each year…. Read more

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Kentucky citizens have record losses

How much does your state receive from the gross receipts of your state lottery? You can find out by typing in your state name followed by “Lottery Revenue.” Smaller states tend to return lower percentages starting at about 18%. Larger… Read more

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Battle over Chicago casino

Ever since he became mayor of Chicago Rahm Emanuel has pushed for a big downtown casino, the latest near McCormick Palace, the largest convention facility in the city. Emanuel claims the casino would bring $100 million to the city, $200… Read more

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Proposal to expand casinos in Illinois

Some Illinois legislators appear to be slow learners. Over the past decade as legislators have expanded gambling to solve budget problems, the state has fallen deeper into deficit spending. The solution: expand gambling some more. With a new Republican governor… Read more

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