-- Connecting the dots between our economy, government and business --
Neil Bluhm seems to want more than everything is revenge against two of the country’s biggest sports betting and online casino companies. His grudge against FanDuel and DraftKings has lasted for at least a decade, driven millions of dollars in political donations, and found validation from another of Illinois’ wealthiest men. Over the past five years, Gov. J.B. Pritzker has helped turn Bluhm’s personal vendetta into a nine-figure revenue stream for the state.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Rather than pass the new crushing taxes on to the customers, I’d love to see FanDuel and DraftKings stick it to Pritzker and simply leave IL.
They will only do that if it’s no longer profitable. Businesses don’t leave states (where they are required a physical presence) just to “stick it” to a governor. Imagine that board meeting. “Sure we will lose money everyone but we can stick it to JB”. Just childish thinking.