Be The Poll — Lease That Lottery?

Gov. Chet Culver made veiled mention of it in his Condition of the State address. Democratic legislative leaders call it “innovation” and say they’re open to it. Gambling opponents say it makes them nervous.

“It” is leasing the Iowa lottery to a group of private investors led by Riverside casino chief Dan Kehl. The state would get $200 million or more up front to help with budget woes. But it would lose a great deal of management control.

Is it a bet worth taking?

Advertisements

2 Comments

Filed under Uncategorized

2 responses to “Be The Poll — Lease That Lottery?

  1. george

    If its making money dont sell it.

  2. Mark

    How would this “leasing of the lottery” impact the Governor’s plan to use the $56 million/year the lottery brings in to pay off the $700 million loan? Or is that $56 million just from the casinos?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s