* The Southern…
According to the Illinois Gaming Machine Operators Association, and reports from the Illinois Gaming Board, video gaming has generated about $785 million in state and local tax revenues since the first machines went live in September 2012.
In the beginning, there were only 13 establishments throughout the state with about 60 machines, and now there are more than 24,000 machines and more than 5,600 restaurants, bars, fraternal clubs and other businesses with liquor licenses.
The association says the state brings in more than $22 million a month in taxes from gaming that is meant to support capital infrastructure projects. […]
A study by the operator’s association found video gaming tax revenue could grow to about $500 million a year if the about 150 municipalities that don’t allow video gaming jump in the game. The association said that number doesn’t include the city of Chicago, which doesn’t allow video gaming. It says, with the largest city in Illinois, the numbers could reach $700 million a year.
So video gaming for Chicago would generate $200 million a year in tax revenues? And it would tend to benefit the city’s hundreds of small, family-owned taverns and restaurants instead of just a few rich folks if they put a big casino downtown?
Why not do both?