Texas Lottery revenues keep sinking, but the alarms haven't gone off yet

Preston, Darrell
December 1997
Bond Buyer;12/16/97, Vol. 322 Issue 30293, p2
Trade Publication
Reports that the drop in Texas' lottery revenues has yet to produce widespread panic among state leaders or rating agencies. Reference to the Texas Lottery Commission's bad news on revenues; Sales for the first three months of fiscal 1998; Texas' potential problem; Comments from Alexander Fraser, associate director in the Dallas office of Standard & Poor's.


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