Illinois Posts $491.7 Million Sports Betting Handle For December – SportsHandle

Operators collected more than $125 million in revenue, which resulted in the state receiving nearly $19 million in tax receipts for the year. Cook County, which receives a separate 2% tax on adjusted gross revenue on bets made inside its borders, collected nearly $1.4 million.
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NB-Chicago
5 years ago

Why would Chicago even bother with building a casino, clearly all the action in gambling revenue is from on line betting

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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