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Old 10-31-2006, 09:52 PM
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Cannon Shell Cannon Shell is offline
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Join Date: Aug 2006
Posts: 20,855
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Quote:
Originally Posted by Revolution
Here it is

NYRA generates $31 million annually in taxes for state and local governments.


That is it. $31 million. Please. That is an absolute joke. $3.5 BILLION bet and the give less than 1% of it to the government.


http://albany.bizjournals.com/albany...3/daily27.html
Well genius roughly 80% of that $3.5 billion goes back to the people who provided it. You know they are just accepting the wagers, they are not booking them and keeping all the losing bets.
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