Gamblers and Gambling Games Played by Government

Gamblers and Gambling Games Played by Government

One commercial myth that ought to be eliminated from our senses is the one that elevates the term, ”non-profit” to its premium status at the expense of the term "for-profit."

Non-profit supposedly means lower-cost. Not necessarily. Many operate inefficiently, and thus must be subsidized to effectively compete with for-profits. You can be a profit-making operation and be productive enough to have lower-costs that a competitor who operates without profit in mind.

The best example of an expensive non-profit is the Post Office, which always manages to operate at a loss. In New York State the official government off-track bookie operates at a loss or close to it every year. It is strange for bookies not to profit, but leave it to New York State’s Off Track Betting to find a way.

What a way to do away with gambling operators who entice individual-addicted gamblers. Have New York State show how to operate the facility at a loss.