‘The pros and cons of privatizing the lottery’

WHYY - Radio Times

January 15th, 2013 by 

In a story about privatizing the lottery in Pennsylvania on WHYY’s Radio Times, Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on the pros and cons of Governor Corbett’s controversial decision to contract with the Camelot Group, a U.K.-based private lottery company.

Noting that in the first year of privatization Illinois saw record lottery revenue, Matheson said, “Just because you privatize something doesn’t necessarily mean that’s some sort of silver bullet that solves all of your problems. You have lots of state lotteries run very efficiently and generating significant revenues being run by the government. Just because it’s being run by the government doesn’t mean it’s being run inefficiently. And it doesn’t mean that a private company can automatically, just by the magic of the marketplace, come in and generate significantly higher revenues.”

This “Holy Cross in the News” item by Kristine Maloney.

| More
Tags
Categories
In The News, News

Comments are closed.

Sort By:
or
12/18/14 College Community Joins Together to Listen, Learn, Converse in Solidarity
12/17/14 El Español en Camino (Taking Spanish on the Road)
12/17/14 Video, Photo Gallery: Christmastime at Holy Cross is a Sight to See
12/17/14 ‘Pakistan School Attack: The Symbolism Is Unmistakable’
See All
See All

Featured Videos

See video
Video, Photo Gallery: Christmastime at Holy Cross is a Sight to See

Watch Video >
See video
Video: What is CreateLab?

Watch Video >
See video
Student Video Profile: Oswaldo Subillaga ’16

Watch Video >
More

What’s Happening on Campus

12/22/2014

'Get Fit with the Crusaders Day'

See More >
12/30/2014

Men's Ice Hockey vs. Yale University

See More >
12/31/2014

Men's Basketball vs. Boston University

See More >
01/02/2015

Men's Ice Hockey vs. United States Air Force Academy

See More >
More

Holy Cross in the News

12/17/14

‘Pakistan School Attack: The Symbolism Is Unmistakable’

In his debut piece for WBUR’s Cognoscenti, Mathew Schmalz, associate professor of religious studies at the College of the Holy Cross, writes about the symbolism in the...

11/19/14

‘Remembering The Jesuits Whose Murders Brought An End To Salvadoran Civil War’

WBUR

WBUR, Boston’s NPR news station, reported from San Salvador, El Salvador, during the commemoration of six Jesuit priests murdered by the Salvadoran army 25 years ago in the...

11/14/14

‘Astrophysicist Tyson sells spirit of science: Cosmos superstar shines at HC’

WBUR | Telegram & Gazette | Worcester News Tonight

Astrophysicist Neil deGrasse Tyson lectures to a packed house at the College of the Holy Cross last night, where more than 2500 people were in attendance.  The talk, titled...