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Casino Lottery

Topic closed. 7 replies. Last post 12 years ago by LOTTOMIKE.

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Would you guys support lotteries conducted by casinos?

Yes [ 1 ]  [20.00%]
No [ 3 ]  [60.00%]
I don't know [ 1 ]  [20.00%]
Total Valid Votes [ 5 ]  
Discarded Votes [ 0 ]  
Annual Payments's avatar - annual 20payments.jpg
Houston, TX
United States
Member #9841
December 23, 2004
236 Posts
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Posted: May 14, 2005, 1:28 am - IP Logged

States have the monopoly on lotteries.  Would you guys support casinos getting in on the actions?  I'll use Harrahs for an example.  It's a chain of casinos across the country.  Would you want them to conduct their own lottery with bi-weekly drawings?  And if they did, do you think it would be successful?

    LOTTOMIKE's avatar - cash money.jpg
    Tennessee
    United States
    Member #7853
    October 15, 2004
    11338 Posts
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    Posted: May 14, 2005, 1:31 am - IP Logged

    i was thinking what if they had a thing at the casinos where you could bet on all states lotteries and the lotteries got a percentage of the profit....

      Tnplayer805's avatar - G 14_v78828750_Small.JPG
      North Dakota
      United States
      Member #13397
      April 5, 2005
      1623 Posts
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      Posted: May 14, 2005, 1:34 am - IP Logged

      I'm not too big on casinos.  I like to support state lotteries because a good percentage goes to Education here in TN.  In a casino it really doesn't have that affect.  Just my thoughts though.

      How are you going to win if you don't play?

        johnph77's avatar - avatar
        CA
        United States
        Member #2987
        December 10, 2003
        832 Posts
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        Posted: May 14, 2005, 1:59 am - IP Logged

        If the casinos were to get into state lotteries the payout percentages would be amongst the lowest of any casino game. There are a few million-dollar 10-spot Keno games where the payout percentage is lower, but these aren't common. The only lottery in Nevada, for instance, is Nevada Numbers, a 5/80 game available at casinos across the state. It has a five million dollar starting jackpot, and reaches a 50% payout percentage when the jackpot rolls over to about 12 or 13 million. To my knowledge it's not that popular.

        But probably the biggest stumbling block to casinos becoming involved in state lotteries would be the admin costs. Many states have laws on exactly what percentage of the proceeds are to be spent, and the casinos would entail additional operating costs.

        Interesting concept, though.....

        gl

        j 

        Blessed Saint Leibowitz, keep 'em dreamin' down there..... 

        Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

         =^.^=

          Tnplayer805's avatar - G 14_v78828750_Small.JPG
          North Dakota
          United States
          Member #13397
          April 5, 2005
          1623 Posts
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          Posted: May 14, 2005, 2:01 am - IP Logged

          Why doesn't Nevada have a State Lottery?  I might have missed this somewhere.  You would think if they had that much gambling they would atleast have a state lottery.  Hmm.

          How are you going to win if you don't play?

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            United States
            Member #1826
            July 11, 2003
            2645 Posts
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            Posted: May 14, 2005, 2:17 am - IP Logged

            Unless I start seeing lower casino gambling ages (like 18, where it should be), I don't want to see them getting any bigger.

            (insert signature here)

              johnph77's avatar - avatar
              CA
              United States
              Member #2987
              December 10, 2003
              832 Posts
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              Posted: May 14, 2005, 2:59 am - IP Logged

              Tnplayer805 -

              Nevada has tried to establish a state lottery with the proceeds directed toward education, but the measure hasn't passed the state legislature, mainly due to intensive lobbying by casino interests. If I'm not mistaken the last attempt was made last year.

              gl

              j

              Blessed Saint Leibowitz, keep 'em dreamin' down there..... 

              Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

               =^.^=

                LOTTOMIKE's avatar - cash money.jpg
                Tennessee
                United States
                Member #7853
                October 15, 2004
                11338 Posts
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                Posted: May 14, 2005, 3:44 am - IP Logged

                the casinos are so powerful that a lottery will probably never ever happen in nevada,it cuts into the casino piece of the pie and the casinos will NOT let that happen ever......