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Gaming Solution a Winning Strategy for Illinois

Posted in:

• Illinois
• Advertising

[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:

• 20,451 more total private sector jobs
• $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.

posted by Advertising Department
Thursday, Apr 26, 12 @ 9:22 am

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Previous Post: SUBSCRIBERS ONLY - Supplement to today’s edition and a campaign and Statehouse roundup
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