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Sunday, April 09, 2017

OTP 10 April 2017: More sports teams want in on 50-50 raffles

[Texas] lawmakers in 2015 approved a plan to let 10 professional sports teams in Texas hold … 50-50 raffles during sporting events, and voters also approved the plan.

[Team] officials said they were “very pleased” with the support they saw from Rangers fans during the first year of the Texas Two Split.

“We were able to raise significant funds to support Rangers Foundation programs, including the construction of the new Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, presented by Toyota, as well as to support community initiatives like the Line of Duty Fund that supported the families of the Fallen Officers from July’s tragedy in Dallas,” said Karin Morris, executive director of the foundation.

I am never sure how much good these multiple layers of foundations and sponsored projects do for anybody.  And I’m not fond of that much vigorish.  But some aren’t as choosy, because even on a weeknight the Rangers tend to take in $15-$18K in this raffle, or about a dollar for every fan in the park. What does the BBTF collective think of 50-50 raffles, as public policy?

(As always, views expressed in the article lede and comments are the views of the individual commenters and the submitter of the article and do not represent the views of Baseball Think Factory or its owner.)

 

BDC Posted: April 09, 2017 at 08:34 PM | 1484 comment(s)
  Beats: charity, gambling, politics, rangers

 

 

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