Lottery problems aren’t big surprise

The scandal brewing in Raleigh over the recently passed but yet-to-be-implemented lottery highlights the problems that occur when government gets involved in things that should be left to the private sector.A lottery is a business, a gambling business, but nonetheless a business.

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Mon, November 7th, 2005

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Interesting gambling information:

  • Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
  • At a land-based casino, if your slot machine is malfunctioning, you won't get paid if you win the jackpot! All slot machines have this written on them but many players are not aware of this policy. The casinos have a device which lets them know if a slot machine is malfunctioning or if it's been tinkered with. Your best bet is to stop playing at it and try another.
  • 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
    1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino.
  • Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.