Day: July 26, 2018

Plan to allow bets on ‘historical’ races at horse tracks moves ahead despite legal questions – Chicago Tribune

Citing desperate times, the Illinois Racing Board moved ahead Thursday with plans to introduce a form of video gambling at horse racing tracks. The board agreed to develop a set of rules to govern “historical horse racing” at the racetracks — despite questions about whether the latest proposed expansion of gambling in Illinois could be introduced without approval by state lawmakers.

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An alderman wants to let area residents invest in $500K ward-level bonds, have locals vote for neighborhood projects online – Chicago Tribune

Chicago-area residents would be able to invest in bonds to pay for $500,000 of ward-level projects that locals would vote on, under a plan an alderman envisions helping increase local involvement in how public money gets spent.

Northwest Side Ald. Gilbert Villegas, 36th, says “It could be like participatory budgeting, where residents attend a meeting with their alderman to discuss different possible projects — say a playground, street repaving or a baseball field for a school — and then they vote online on which one they want to fund.”

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