by Commonwealth of Massachusetts, Massachusetts Senate in Boston, Mass .
Written in English
|Statement||prepared by the Senate Post Audit and Oversight Bureau|
|Series||Senate -- 1720., Senate (Series) (Massachusetts. General Court. Senate) -- 1991, no. 1720.|
|Contributions||Massachusetts. General Court. Senate. Post Audit and Oversight Bureau|
|The Physical Object|
|Pagination||57 p. :|
|Number of Pages||57|
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Despite the rapid growth of video gambling in recent years, the report noted that the Illinois Lottery continues to be the largest source of state gambling revenues, and it has also suffered. Market Size & Industry Statistics. The total U.S. industry market size for Book Stores: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. The statistic shows the growth rate of global lottery sales from to E-Books, etc. More Information Gross lottery revenue in Sweden , by gaming company. Policymakers should think carefully about the administrative costs of raising revenue through a state lottery. In effect, the state would be legalizing gambling, establishing a state monopoly on it, and then taxing gross sales at a 33 percent rate. The cost per dollar collected of this lottery tax would be 20 to 50 times greater than the cost of raising rates for other state taxes that already.
So Missouri had a $ billion revenue last year. New York had, I think almost $ billion." On states that aren't using lottery money as intended . Hoosier Lottery, Indiana has eleven riverboats, two racinos (horse track with a casino), and offers charity gaming licensees. The Hoosier Lottery started operations on Octo , after a majority of Indiana citizens voted favorably on a voter referendum. The Hoosier Lottery has contributed $,, towards total gaming revenue. With more than $ million in revenue for fiscal year , the Louisiana Lottery Corporation transferred $ million to the state treasury for K public education $ million more than last year and second only to when the Lottery was the only form of gaming in Louisiana. Racetrack casino revenue fell to $ million in from $ million, while lottery revenue rose, from $62 million to $63 million, according to the almanac. Pari-mutuel betting was flat, at .