...please tell me the term you would use. It seems that provinces are alarmed by the fact that millennials and the precariat are not so keen to throw away their money on lotteries.
The two national lottery products (Lotto 6-49 and Lotto Max) are experiencing historic levels of decline for the young adult demographic ... by anywhere from 8-31 per cent.
Perhaps that cohort realizes money, that ever-scarce commodity in their lives, could be put to better use?
Governments, which have grown addicted to the ready supply of cash realized from such gambling, will no doubt huddle with provincial lottery agencies to devise a answer to this terrible problem of parsimony.
Said Andrea Marantz, spokeswoman for the Western Canada Lottery Corp.,
"Lottery is like any other kind of consumer product. We have to expend some effort in (research and development) to just keep products relevant."
Lorne, I believe this lottery business started when Winter Olympics were held in Montreal in 1976. Since then it has multiplied many times. Unfortunately it is mostly poor people who buy these lottery tickets - the dream of getting rich. It is about time to revise this escalating greed on the part of Lottery Canada and government of Canada.
ReplyDeleteIt is a crooked way of collecting more taxes.
I think you are right as to the origin of lotteries in Canada, LD. In fact, my mother bought an Olympic Lottery Ticket ticket and won $1000, a fair sum in those days. As far as I know, it was the only lottery she ever won.
DeleteIt is mostly the poor who seem to buy tickets - some call it a tax on the poor.
Lotteries are a tax upon the poor, Lorne. Perhaps millennials have discovered that and refuse to buy the hype.
ReplyDeleteUnfortunately, Owen, our governments will not 'go gently into that good night' on this issue. I'm sure they will devise a campaign designed to bring millenials back into the fold.
ReplyDelete