Betting on Gambling

Published June 9, 2014 5:27pm ET



The Motor City is betting big on gambling to bring it out of bankruptcy and back to life. Maybe not eight the hard way but close. As Michael Erman at Reuters reports:

Detroit’s reliance on casino cash to help fund a recovery from the city’s historic bankruptcy is a high-risk bet on what is an increasingly shaky source of income.

Seems that:

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