Column: Gambling expansion in Illinois: How much is too much? – Champaign News-Gazette

Jim Dey: "By June 30, 2022, the number of (video gambling) machines statewide had reached 43,000, generating $2.6 billion in 'net terminal income' and roughly $900 million in tax revenue. The presence of all those convenient locations 'has had an adverse impact on the casino industry,' the report states. But analysts said the combined revenue from video gambling and casinos remains a winner for the tax man."
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Poor Taxpayer
3 years ago

Much of this money comes from the family budgets meant for supporting children. Illinois has no problem stealing from the next generation.

Freddy
3 years ago

Here in Rockford they started to build the casino a few months back. The pols seem to think this is manna from heaven. How will the proceeds reduce Rockford’s excessively high property taxes. The tax rate went down due to a slight increase in values but my taxes still went up compliments of PTELL. I would like to see what impact the Beloit casino valued at over $400M when finished will do to our casino.

mqyl
3 years ago

“Gambling expansion in Illinois: How much is too much?”

To continue to mismanage taxpayer revenue for bloated staffs, pensions, salaries, health care benefits, etc., there is no upper limit to gambling expansion in Illinois. Sodom and Gomorrah, you got nuthin’ on us.

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