A ban on the sale of lottery products in check-cashing outlets, which serve unbanked, low-income people is a good start. The government is basically selling hope for a dollar. Because low-income people purchase a disproportionate amount of the lottery games, this has the effect of pulling money away from low-income people and out of their communities,” the report continued. Decrying Lottery’s Impact on the Poor, Bronx Beep Calls for Reforms
The age old argument: everyone else is doing it, so should we. This is one of the best examples of lazy legislating while kicking the can to our future generations. Gambling is a form of financial fraud. Government should not be complicit in winning from the losses of the very citizens they are elected to protect. We are a society full of addictions largely because of failed government policies. Thankfully, this would require an amendment to our state constitution, and...
Remember, gambling creates no new wealth. Money spent on wagering has no multiplying factor in the local economy. It is simply subtracted from money that would otherwise be spent on things like food, clothing and healthcare needs. “The Indiana Gaming Commission (IGC) released monthly figures showing the state’s sportsbooks and sports betting applications accepted nearly $91.7 million in wagers for October. That’s up more than 160 percent from its September handle of $35.2 million.” Mobile Apps Lead to Huge Jump...
Bribery charge against ex-state Rep. Luis Arroyo brings fresh scrutiny to sweepstakes machines, raises questions about potential for abuse as gambling expands
State lawmakers have worked over the past decade to bring various forms of gambling out of the shadows and onto the tax rolls, from legalizing video poker at bars and restaurants in 2009 to authorizing sports betting this spring. But the latest turn in a sprawling federal probe into public corruption from Chicago to Springfield has shined a light on a type of gambling that has flourished in a gray area of the law. https://www.chicagotribune.com/politics/ct-gambling-expansion-federal-corruption-probe-20191104-5agdjbh3azfabfhxhtmvudjtxy-story.html?fbclid=IwAR3090z2NT10fJ1dMddJ3Z9SOAKYmgWZdmlWsdaSFYILVXdUvb824cGxPFQ