Eye On Illinois: Every year state goes back to the gambling well for new revenue

Shaw Local
Illinois repeatedly turns to gambling expansion for new revenue, a trend that began over a decade ago and continues today.

Summary

The article reflects on the long-standing practice of Illinois state government turning to gambling expansion to generate revenue. The author notes that this trend dates back to at least 2011, when they predicted that gambling would expand regardless of the governor's stance. The piece highlights the evolution of this strategy, from early discussions about casinos and horse tracks to the current focus on sports betting and fantasy sports. Recent legislative actions, such as Governor JB Pritzker signing a fiscal 2027 budget with specific taxes on these activities, demonstrate the state's continued reliance on this revenue source. The author concludes that while much has changed in fifteen years, the state's willingness to use gambling to fund operations remains a constant.

(Source:Shaw Local)

Masslive

Mass. casino player wins jackpot prize with $4.40 bet

Itweb

Malatsi risks action over cellphone gambling crackdown

Techcentral

Sun International launches gambling charter as tax fight looms

Newsday

Islandia clears path for 366-unit housing project near Jake's 58 casino

The Economic Times

AI investors or casino gamblers? What Broadcom CEO Hock Tan said that sparked sharp global AI selloff

Sccg Management

Eleven Entities Including SkyCity, Entain and Stake Advance in New Zealand Online Casino License Auction

Sccg Management

UNLV Study Documents High Problem Gambling Rate Among Colorado Sports Bettors

New York Post

Ex-Dem senator who sought to crack down on sports gambling now lobbying for Kalshi — as firm rakes in $480K: report

Forexlive

Broadcom CEO likens AI boom to a casino even as he targets $230 billion in chip sales

The New Daily

NT has a chance to rein in Australia’s online gambling industry

National Law Review

CFTC Draws the Line Between Event Contracts and “Casino-Style Gambling Products”

kdhlradio.com

Truck Driver's $15 Bet at Routine Iowa Casino Stop Turns Into a Massive Win

Cii Blog

Essential strategies navigating vinci spin casino towards consistent winnings and player satisfaction

Times of India

71 arrested for gambling in Gajapati

Quartz

Broadcom's CEO compared many AI investors to casino gamblers

Google News

Broadcom CEO Likens Many AI Investors to Casino Gamblers

Sccg Management

Casino Player Cards Track Theoretical Loss to Determine Comps and Differentiated Offers

Kalkine Media

Iris Cairns Property Boosts Stake in Reef Casino Trust to 91.73% at $4.67 Per Unit

International Business Times

Jack Doherty Faces 6-Month Social Media Ban After Signing Gambling Contract as CEO Says It Was 'Money Well Spent'

Salt Lake Tribune

Letter: That the LDS Church is concerned about gambling makes (dollars and) sense. But what about ICE?

World Casino News

Mavericks Split Arena Plans From Future Casino Resort

Crypto Breaking News

CFTC Draft Rules Target Separation of Prediction Markets From Gambling

Shaw Local Enewspapers

Batavia approves changes to video gambling regulations

Headtopics

CFTC aims to differentiate swaps from gambling

Cointelegraph

CFTC proposals aimed at separating prediction markets from casino gambling

Lokmat Times

Delhi Police arrest 13 for gambling; seize over Rs 2 lakh cash

The Economic Times

A day after Christmas in 2020, a 28-year-old Chinese man lifted his sleeping ex-girlfriend’s eyelids, scanned her iris to unlock Alipay and transferred $24,000 to pay off his gambling debts

Google News

Gambling regulator fines Singapore Pools, MBS and RWS total of $275,000 for non-compliance

Analytics And Insight

CFTC Issues New Rules to Separate Prediction Markets from Casino-Style Gambling

Decrypt

CFTC Draws the Line Between Prediction Markets and Gambling in New Rules

Welcome to Our Site
Are you over 21 years of age?
Please verify your age to enter our site.