How will RI, NE gambling parlors weather a recession
8:02 AM Fri, Apr 04, 2008 | Permalink
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More competition, a shaky national economy and an occasional bout of bad weather combined to make business difficult for New England gambling halls in the last few months as they look looked for returns on millions of dollars in recent investments. Video-lottery terminal revenue, overall, is up at venues in Rhode Island but earnings per machine have dropped nearly 6 percent at Twin River and about 23 percent at Newport Grand since the fiscal year began July 1, according to figures posted on the Rhode Island Lottery Commission’s Web site. “Rhode Island has been doing pretty well,” said Arthur Wright, an economics professor at the University of Connecticut’s Center for Economic Analysis. “Your take was not much less than what Connecticut is getting.” Read more in the Money & Business Section of the Sunday Providence Journal and online at projo.com 
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Let's see, what will most people do in this scenario:
You've lost your $2000 a month job, $1500 take home. Your unemployment compensation is only $1000. Your monthly bills are: rent $800, food $200, utilities $200, car $300. (Medical, yeah, right.) You're now $500 a month short. What to do? Go for it, all or nothin'!!
The recession is gonna be a shot in the arm for gambling. (Not so good for landlords, though.)
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well fgrankly instead of recession i have been buying lottery tickets for more than a month and I have not yet earned a single buck. I guess lady luck is not on my side. Is there any way I can increase my chances of winning and stay assured that I don't lose too much of money?
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