Competing With the Lottery
“Bob O’Malley, chief operating officer at Suffolk Downs, said he didn’t know whether horse-racing fans would find virtual contests as exciting as the real thing. But he said there’s no doubt the lottery wants to grab every gambling dollar it can. ‘The lottery has become a devastating competitor,’ he said. ‘They’re involved in a different product every month. As they push $5 billion to $6 billion a year in sales, there’s not much left for anyone else.'” (Boston Globe)