Wednesday, June 11, 2008

Slots chip away at lottery sales in PA

One of the questions often asked when Gov. Ed Rendell first proposed legalizing slot machines in Pennsylvania was whether the casinos would harm the Pennsylvania Lottery.

Rendell said there was plenty of money for Pennsylvania residents to lose, to the lottery and the slot machines.

It appears the governor was wrong. (This is the same guy who promises "substantial" property tax relief from the gambling revenues, remember?)

Check out "Did slots hurt lottery collections?" at POLICY BLOG and "Told you so: Slots hurting lottery sales in PA" at TONY PHYRILLAS

POLICY BLOG also has a link to the full 148-page report about declining lottery sales.