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Monday, April 07, 2003

Frank on pull-tab players:
"It's my experience that they really don't spend an awful lot of time figuring the odds. If they did, they wouldn't play them at all," the governor says in this story reported on the Anchorage Daily News Alaska AP Wire.

sez the story..."Currently, there's no cap on prize money. Pull tabs on average pay out 78 percent of their gross receipts to winners, according to the state Department of Revenue. Murkowski originally had proposed capping that at 72 percent and now wants it capped at 68 percent.
If the Legislature goes along, the state would get $22.4 million in taxes and fees, compared to $2 million under the current arrangement. Charities also would get more, $31.3 million compared to $23.3 million, if the same number of pull tabs is bought."
"The plan would restore about $1.3 million in state grants for private agencies in Anchorage and Fairbanks, Murkowski said. It also would set aside some $6 million for increased state employee health costs."

Hmmmmm......How much will local operators, Cities and Tribal governments for instance, be losing under this proposal? And, aren't employee health costs a collective bargaining issue? Darn right people will quit playing rippies.

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