NY’s Off Track Betting (OTB) has filed for bankruptcy – joining a growing list of casinos in financial trouble. If you view gambling as a self-destructive behavior, it’s a little bit of a silver lining to the problems with the economy. I wonder how much of the money paid out by Social Security each month goes right to casinos…
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…or state-run lottery tickets. You’d never believe how many elderly people walk into a lottery terminal and dump $200 on scratch-offs.