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Monday, December 29, 2008
Recession Proof?
As we read news articles and blogs about the state of economy further killing track handle and attendance, this report from NBC Nightly News of 12/29/08 reports that not only are State Lottery sales up in 29 of 42 states that sell lottery numbers and scratch off tickets but 22 states will have record sales in 2008. Many people apparently feel that if they have a few bucks left in the week to gamble with, it is far easier and certainty less challenging mentally to throw a buck on the counter of the local convenience store and buy a scratch off ticket rather than bury ones head in the Daily Racing Form and figure out a horse to bet on.
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2 comments:
Good catch.
The recession has allowed for a convenient excuse for a sport that has been falling in terms of real handles for many years.
All it takes is a dollar and a dream. The problem is that if they take that dollar to the track, they couldn't even get in the door........
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