WJBD Radio

Images

Now Playing

Local News

WJBD - Local News - Report: Gambling Revenue Won't Aid State Greatly

Report: Gambling Revenue Won't Aid State Greatly

(Springfield, IL) -- A new study suggests the real winner from a future expansion of gambling in Illinois will be the casinos themselves.

The "Tribune" analyzed Illinois' fiscal projections from gambling revenue and came up with some interesting data. Proposals for five casinos and six horse racing tracks would only serve to maximize casino profits and would probably not help the state's deficit problems. Because the gambling plan creates a myriad of tax cuts for casinos the study concludes Illinois' coffers would be benefitted in a very small way.

See other LocalNews news:

Two in Custody Following Wednesday Morning High Speed Police Chase
Woman Seeks to Detract Lawsuit Deal with US Rep. Duckworth
Centralia Man Receives 40 Years in Prison for Disseminating Child Pornography
Marion County Court News for Wednesday, July 27th, 2016
Cardiology Dr. Scott Nordlicht to Discontinue Service in Salem and Breese




Loyal Listener Club

Club Login

Follow Us At

This Site logo