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Report: Texas forced into gambling expansion27 March 2008AUSTIN, Texas -- As reported by the El Paso Times: "Texas would have to expand gambling to see the multibillion-dollar profits Gov. Rick Perry promised last year when he proposed selling the state lottery, according to a report an Austin watchdog group plans to release today. "Texans for Public Justice, which monitors money in politics, obtained Texas Lottery sales projections by three private companies compiled for Perry from 2006 through 2007. "The Public Justice report indicates that to generate the $14 billion or more Perry said the lottery would yield, Texas would have to allow more gambling and more-addictive games. "...An expansion of gambling in Texas, though, would be good news for the Tigua tribe in El Paso, which has been trying for years to reopen Speaking Rock Casino. "...Last year, Perry said selling the lottery could net as much as $14 billion, which could be invested in cancer research, education and health insurance. The state, he said, would generate some $1.3 billion a year in interest from the sale. "Perry spokesman Robert Black said the companies' projections that Texas would need to allow more games to get that price was nothing more than speculation..." |