CASINOS CUT INTO MICHIGAN LOTTERY

June 28, 2001 7:28 PM
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Michigan lottery sales for April and May were down 17 percent, mainly the result of the proliferation of casinos in the state.

Simply put, “The faster forms of gambling cannibalize the slower forms of gambling,” said a business professor at the University of Illinois.

Lottery ticket sales dropped from $1.73 billion in 1999 to $1.69 billion in 2000, despite new lottery promotions such as new instant games, bigger jackpots and more drawings.