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Is It Worth Gambling On A High Stakes Raffle Fundraiser? by Joe Patti

Via the Marginal Revolution blog, I recently read a piece on Priceonomics about how the Yerba Buena Center for the Arts was using a loophole in California state law to “raise $4 million by selling $10 million in raffle tickets.” Since the authors note that other states have a similar loophole (or lack thereof), I […]

SOURCE: Butts In The Seats at 11:34PM on June 7, 2016

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