The Golden Fleecing 0
States are caught up in their own addiction to dealing–dealing the cards, that is.
New Jersey is such a state. As its gambling casino revenues falter — and new casinos fail — the state has (in the words of the New York Times) doubled down on its gambling concessions.
Much more at the link.
I’ve never been a fan of state lotteries and the like. They are essentially con games–conning taxpapers out of money without an honest tax increase. And, while casinos may look cool in a James Bond movie, a slots parlor is a damned depressing place.
States bet on gambling as a way to raise free money.
Now they are trapped in their own three card monte.
