In the land of legal gambling, Nevada is one of the few US states to NOT offer a lottery. I've always assumed that wouldn't change since the casinos probably wouldn't like the idea of the state competing with them. And since casinos are the #1 employer in Nevada and bring in so much revenue that there are no state taxes, why would the state threaten their biggest revenue generator?
Well, it looks like my assumption may have been wrong. Tomorrow (Monday, March 7th) Nevada's legislature will vote on whether or not they want to be the next Lottery state. The lottery ban has been in effect since 1864 when Nevada joined the union. Those in favor say that the extra revenues will help their public education system while those against are afraid to upset the casinos.
So what do you think? I think it's a mistake for the state to compete with the casinos. Why bite the hand that feeds you? If you have an opinion, please post it!
(Source: Reuters)
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