When I was in college I got lured into one of those pyramid schemes advertised in the middle of the night hoping to make extra money. I wonder how much money I would have lost if I had instant access to betting on a "sure thing" back then.
reply> the profits largely benefited the education system.
replyThe profits didn't benefit shit. Yes, the money went into education, and that same education system saw commensurate cuts from regular tax revenue.
What it did is shift the state's tax burden towards people who play the lottery... While permanently entrenching the lottery (How can we ban it! It would gut our education budget!).
I agree with your point, its something i kinda didn't really consider how its perversely intertwining itself with the education budget and making itself effectively immune.
I still think its a solid demonstration that comparable sports betting legislation surely lacked any sort of compromise at all, as it was all pushed through so aggressively fast.
reply