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Article: Will gambling survive in Illinois?
- Article from:
- Las Vegas Review-Journal (Las Vegas, NV)
- Article date:
- October 29, 2005
CopyrightCOPYRIGHT 2005 Las Vegas Review-Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Howard Stutz
Oct. 29--A move by Illinois legislators to close down the state's riverboat gaming industry was given little chance of succeeding, casino representatives and Wall Street analysts said Friday.
Most thought the idea could be rejected by next week.
The Illinois House approved a bill late Thursday, by a 67-42 vote, that would end operations at nine riverboats.
If passed by the Senate and signed by the governor, the bill would eliminate about $800 million in annual gaming taxes from the state budget and wipe out some 9,000 jobs directly attached to the riverboat gaming vessels.
Tom Swoik, executive director of ...