Cantor Gaming CEO Under Possible Investigation by Feds

Canadian Hospital Lotteries Called ‘Harmful’ By Expert

Canadian Hospital Lotteries Called ‘Harmful’ By Expert

Hospital-sponsored lotteries seem just like a win-win, but will they be? One expert says ‘no.’

Numerous Canadian hospitals operate lotteries which are utilized as fundraisers. Prizes ranging from large cash benefits to estate that is real cars receive down to lucky champions, while the proceeds are accustomed to support the medical operations at the hospitals.

For many, this appears such as a win-win proposition. But at least one name that is big the Canadian medical industry thinks that these lotteries might be much more dangerous than people assume.

Medical Journal Editor Speaks Out

Within the most issue that is recent of Canadian Medical Association Journal, editor-in-chief Dr. John Fletcher had written an editorial stating that hospitals choosing to run these lotteries should take the time to ensure they’ve been protecting players who are in danger for problem gambling if they want to live up to their social responsibilities.

‘It is contradictory for legislation to ban hospitals from selling one potentially harmful, but legal, addictive item on the premises tobacco while allowing them to actively promote another lotteries,’ wrote Dr. Fletcher. ‘Have we lost our moral compass to such a degree that people are blinded to our duty to ‘first do no harm’ by the attraction of easy income?’

Fletcher did make it clear that he wasn’t advocating for the ban on medical center lotteries. After all, he said, most indiv Continue reading“Canadian Hospital Lotteries Called ‘Harmful’ By Expert”

Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Electronic pull-tab gaming was supposed to purchase a new minnesota vikings stadium, but that plan hasn’t materialized as prepared

When the Minnesota Vikings decided that they required a new stadium, they desired to take advantage of public financing if it was available. The state of Minnesota obliged, but decided that as opposed to take the money from the general fund or produce a special tax to raise the money, they’d bring electronic gambling machines to a large number of bars along with other venues around hawaii. It seemed like an audio plan until it had been placed into practice.

Net Gain: Bupkes

This week, Minnesota announced that residents and people to the state had put down about $15 million regarding the machines during the period of their first year functioning. Of this, about 85% went right back to players by means of winnings, leaving only about $2 million in earnings. That was split among charity expenses, donations and basic taxes, and left practically nothing for the new stadium. That is correct: the electronic pull-tab style games raised absolutely nothing for their intended function over their very first 12 months in service.

The failure can be an embarrassment for Governor Mark Dayton, who’s been strongly behind the newest Vikings stadium. According to him, the numbers that have come in show that the state itself had been using quite the gamble by relying on the machines Continue reading“Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium”