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It's kind of the opposite actually, if you have a state lottery, there's not really any incentive to make the payout rates favorable. Whereas if you have multip
by bweitzman 11y ago
It's kind of the opposite actually, if you have a state lottery, there's not really any incentive to make the payout rates favorable. Whereas if you have multiple competing lottery companies then hopefully they would be forced to have reasonable payouts at the risk of having customers go to their competitors.
Of course they would have to be regulated, the mob will just do whatever they want.