February 27, 2009

Assessing the Odds

A while ago, I looked at the renewed proposals to expand gambling in Minnesota and concluded that it didn’t make sense, in a time of declines in the national gaming industry, to spend money on new gambling infrastructure in the hopes that it would start generating revenue soon enough to be of help. At the time, I noted that state lottery revenue was up in a bare majority of states, but numbers for Minnesota weren’t available. They are now.

I'm doing my heavy blogging for the day over at Quiche Moraine. Today I continue looking at whether adding more gambling as a source of state revenue makes any sense for Minnesota.

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