Gambling essays

Once again lotteries make a come back to help pay for the post war effort, the South turned to lotteries to generate revenue to rebuild the destroyed land. The Louisiana lottery was the most notable because of its unseemly end. In 1868, the Louisiana Lottery Company was authorized and granted a 25-year charter. A mobster from New York bribed the Legislature into passing the lottery law. The Louisiana Lottery became an interstate venture with over 90% of the company's revenue coming from outside Louisiana. This lottery was a prolific moneymaker. Attempts to repeal the 25-year charter were defeated with assistance of bribes to legislators.

Gambling essays

gambling essays

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