Sunday, July 27, 2008

Lottery Revenues going up in hard times

Even as soaring gasoline prices, mounting home foreclosures and bank losses throw the national economy into a tailspin, the lotteries of Connecticut and its neighboring states are booming.

Connecticut's 2008 lottery revenue of almost $1 billion is a new record, making Lotto tickets and scratch games a kind of reverse barometer of the U.S. economy.