Monday, September 21, 2009

Libertyville may fold on video gambling

Each machine could be expected to generate about $2,250 as the village's share of net income, according to Village Administrator Kevin Bowens. If 10 establishments installed the machines, Libertyville's share of the revenue would be about $114,000 each year

Libertyville could join a growing list of communities that have chosen to ban video gambling before state rules are formulated.

"This is not a substantial revenue stream," said Trustee Rich Moras, a member of the license and permits committee. "There's a section of the population where this is a tax on hope."

Daily Herald | Libertyville may fold on video gambling

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