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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.