Gaming Solution a Winning Strategy for Illinois
Thursday, Apr 26, 2012 - Posted by Advertising Department [The following is a paid advertisement.] Can we raise desperately needed state revenue and create more private sector jobs – all without raising taxes? A new study says – Yes! A gaming solution under SB 1849 will have a $2.16 billion net impact on the Illinois economy, create nearly 20,500 new jobs and a generate $200 million in increased annual state revenue. The legislation will significantly boost our state finances and translate into the largest jobs creation program in modern history, according to a study by the respected Spectrum Gaming Group commissioned by the Illinois Revenue and Jobs Alliance (IRJA). The legislation would allow for a Chicago-based casino, four additional riverboat casinos throughout the state, slot machines at existing racetracks and more slots at existing casinos. Economic benefits include:
• $3.49 billion more in economic output (gross impact on Illinois economy) • $2.16 billion more in gross state product (net impact on Illinois economy) • $1.5 billion in personal income • Creation of $1.2 billion in new construction expenditures that would generate- o 4,583 construction jobs o $473 million in wages and benefits For more information, visit IllinoisJobsAlliance.org, and follow us on Facebook/ILJobsNow and Twitter/ILJobsNow.
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