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re: Games of Skill - "Casinos" Skyrocketing in Arkansas
Posted on 2/9/14 at 9:55 am to Porky
Posted on 2/9/14 at 9:55 am to Porky
We don't need casinos.
Just like with the lottery, the reasoning is a sham. The lottery commission each year cuts what it gives back to education.
The Academic Challenge Scholarship is awarded by the Arkansas Department of Higher Education and funded largely by the lottery. When it started in the 2010-11 school year, the scholarship awarded $5,000 to eligible students attending a four-year college and $2,500 to two-year students.
The next year, the award dropped to $4,500 and $2,250 for new recipients while remaining at the higher level for the first group of students. It stayed the same for 2012-13.
But for the upcoming school year, 2013-14, incoming freshmen at either four-year or two-year schools will receive only $2,000. The scholarship amount for eligible students at four-year schools will increase by $1,000 for each of the next three years, meaning students who make adequate progress toward degrees and maintain the required GPA can get $5,000 a year as seniors.
Each Year the lottery post record profits
2010: $384,000,000
2011: $464,000,000
2012: $473,000,000
Just like with the lottery, the reasoning is a sham. The lottery commission each year cuts what it gives back to education.
The Academic Challenge Scholarship is awarded by the Arkansas Department of Higher Education and funded largely by the lottery. When it started in the 2010-11 school year, the scholarship awarded $5,000 to eligible students attending a four-year college and $2,500 to two-year students.
The next year, the award dropped to $4,500 and $2,250 for new recipients while remaining at the higher level for the first group of students. It stayed the same for 2012-13.
But for the upcoming school year, 2013-14, incoming freshmen at either four-year or two-year schools will receive only $2,000. The scholarship amount for eligible students at four-year schools will increase by $1,000 for each of the next three years, meaning students who make adequate progress toward degrees and maintain the required GPA can get $5,000 a year as seniors.
Each Year the lottery post record profits
2010: $384,000,000
2011: $464,000,000
2012: $473,000,000
This post was edited on 2/9/14 at 10:02 am
2
Posted on 2/9/14 at 10:35 am to Hawgeye
Posted on 2/9/14 at 10:48 am to Hawgeye
quote:
We don't need casinos.
I understand your point. And I agree to SOME extent but I don't think they should be outlawed. I guess I'm a pretty good gambler because I set my limits and rules: 1) I very rarely gamble. 2) When I do gamble, it's for fun, not making money. But I also understand the argument for keeping the money in state.
Look...I grew up being very familiar with the liquor industry ...production and distribution because of my family's involvement ever since prohibition was abolished. But I hardly even ever drank, except for Holy Communion and that's just a watered down sip. I still don't. But I'm not against drinking. People are going to do things in excess. It's a fact. Whether we have casinos or not, I can't be responsible for the mistakes of others.
There can be stricter regulations. Presently, a liquor businesses can be held responsible for selling liquor to an intoxicated person. I'm not aware of the laws relating to compulsive gamblers, etc. but there should be limits. As far as the lottery...I don't play or buy the tickets. I do understand that the money doesn't always go where it's supposed to go. But I'm not the one to make moral decisions for others or regarding what they do. It's never worked out very well for me whenever when I've tried. I can vote and share my opinions.
This post was edited on 2/9/14 at 11:13 am
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