By Michael Quinn Sullivan on 03/26/2012
The guys at AgendaWise report that the upcoming Sunset Commission review of the Texas Lottery could become the vehicle for expanding gambling in the Lone Star State. For every dollar of state revenues generated by gambling, there are three dollars in new state expenses. It’s a money loser. The lottery has never performed as promised, and the same is true for gambling around the nation.
For some reason, misguided friends think gambling expansion is about the free market. It’s no such thing. The gambling interests don’t want — and work against — the free market. They want government monopolies/oligopolies, protection from competition, subsidies and even special benefits.
Expanding state-sponsored gambling is about narrowing liberty and limiting our economy.
The best thing Texas could do is cut our losses and sunset the Lottery. But don’t hold your breath on that.