Bally’s brought in $8.5 million in gross revenue in December — $864,645.42 of that is Chicago’s share. December was the highest-grossing month in the casino’s four-month run, according to data from the Illinois Gaming Board.
How much does the state get? When the permanent casino in Rockford open next year the mayor was touting how much the city will get which is not much. Maybe a few million but the state will get the highest %. I think that all the money should stay in Rockford and the county except for the taxes owed on the winnings. Where the profits for the city will go is anyone’s guess. I doubt any will be earmarked to property tax relief. Rockford school district will have a referendum to increase the sales tax by another 1% over a… Read more »
Living real close to the cheese border we hardly spend any $$$ in Illinois. Gas, groceries, adult beverages are always cheaper in dairyland. If the Beloit casino ever gets built it will probably suck much of the Rockford casino biz away.
How much does the state get? When the permanent casino in Rockford open next year the mayor was touting how much the city will get which is not much. Maybe a few million but the state will get the highest %. I think that all the money should stay in Rockford and the county except for the taxes owed on the winnings. Where the profits for the city will go is anyone’s guess. I doubt any will be earmarked to property tax relief. Rockford school district will have a referendum to increase the sales tax by another 1% over a… Read more »
Living real close to the cheese border we hardly spend any $$$ in Illinois. Gas, groceries, adult beverages are always cheaper in dairyland. If the Beloit casino ever gets built it will probably suck much of the Rockford casino biz away.