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Gambling

Big bucks bet on gambling

(January 23, 2001) Gambling remains a highly lucrative industry in the state, according to the director of the Minnesota State Lottery.

George Andersen told the House Government Operations and Veterans Affairs Policy Committee Jan. 22 that last year was the most profitable yet, bringing in more than $397 million in revenue. The lottery began in 1990.

By comparison $1.5 billion was bet in charitable gambling during 2000 with $73 million wagered on horse racing at Canterbury Park.

Andersen said he expects lottery revenues to decrease over the next year due to rising gas prices. He said many sales are made at gas stations where patrons use change leftover from their purchase of gas to buy a lottery ticket.

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