Wednesday, December 2, 2009

Racetrack owners make push for slot machines

Excellent summary of gambling in Illinois.

racetrack officials, including those at Arlington Park, hope to use to finally convince lawmakers to bring 1,200 or more slot machines into each of their facilities, essentially making them casinos. The proposal has been floated countless times before, but has always failed to gain enough support.

lawmakers essentially legalized an unlimited number of slot machines last year when they decided every bar, club, truck stop and liquor-pouring restaurant in Illinois could have five each.

the slot machines at the state's five existing racetracks and one that is currently shuttered could bring in up to $200 million.

Government forecasters told lawmakers Tuesday that the state's smoking ban and the economy have sent revenue losses at the state's nine casinos down 18 percent overall, and about 11 percent at the four suburban casinos in Elgin, Aurora and Joliet.

 

Click on the following for more details:  Daily Herald | Racetrack owners make push for slot machines

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