And by rich I mean the lobbies that are successful in getting governors to propose prison time and heavy fines for online gamblers and poker players in the same bill that makes the way for licensing for casinos.
Patrick’s casino legislation, which has been introduced at the State House but is not expected to get a hearing until next year, would license three casinos in three regions of the state. Casino developers would bid on the licenses, and Patrick expects they would attract 10-year licensing fees of $200 million to $300 million for each casino.
Oh, never mind. It’s the State that will get rich. My bad. Don’t you wish you could use the legal system to set up a monopoly for yourself and your buddies?
I don’t.
Thanks to Reason for pointing this one out.
Greed is always amazing to behold. I only have to look down the road at Cape May to watch a greedy group in action. I think the only way to deal with it is to keep it exposed so everyone can see who’s involved.
State run monopolies are a very real thing in this country. It’s interesting, there is far more outcry in Europe about this very thing, and there is a current movement to eliminate state/country run monopolies in the EU. Maybe some light at the end of the tunnel?