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Keyword: stateslotteries

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  • State lotteries transfer wealth out of needy communities

    07/11/2022 12:34:18 PM PDT · by Oldeconomybuyer · 71 replies
    The Associated Press ^ | July 11, 2022 | By AADIT TAMBE, STEPHEN NEUKAM, KATE SELTZER, RACHEL LOGAN, HENRY KUCZYNSKI, EMMETT GARTNER, TRISHA
    WARREN, Mich. (AP) — While the growing expansion of casinos and state-sanctioned sports betting steal the spotlight, state lotteries have nearly doubled in size over the past two decades, driving a multibillion-dollar wealth transfer from low-income U.S. communities to powerful multinational companies. A nationwide investigation of state lotteries by the Howard Center for Investigative Journalism at the University of Maryland found that lottery retailers are disproportionately clustered in lower-income communities in nearly every state. The investigation’s analysis of cellphone location data shows that the people who patronize those stores come from the same kinds of communities.