Government Sponsored Gambling

Few examples of the moral decay within our society are as obvious as the Lotto mania. Not the activity of gambling, but the coercive monopoly that the State imposes upon the public. Is there anyone who would argue that wagering is a unique public function that only the government can be expected to conduct? Not exactly a matter of national security, is it? So what gives the government the claim to retain the exclusive rights to this activity? 

Judging the morality of betting is not the issue. 

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