Not Ranked
It does seem like legalizing gambling and prostitution would provide a ton of benefits for the state. The state can even lease state land to gambling outfits - like Alcatraz for example. Nevada gets all the upside of gambling and CA gets all the downside - money leaving the state.
In my banking career, we served one of the Indian casinos - they netted $120,000 per day - tax free - just one casino. It's big money.
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