Gov. J.B. Pritzker could immediately raise billions of new tax dollars by simply taxing Illinois gambling at the average rates of other states. Duped Illinois legislators have shortchanged pensions, education and social services since the 1990 advent of Illinois casinos – by leaving billions of tax dollars on the table for gambling industry insiders. At […]
Prof. John Warren Kindt
Posted inOpinion
Why gambling expansion is bad for business
The Illinois treasury could have collected an additional $35 billion to $56 billion from gambling interests from 1990 to 2013 and thereby produced a surplus for the 2013 state budget. Pursuant to the 2008-2013 multi-volume United States International Gaming® Report, Illinois should have emulated other states and venues which levied larger tax rates on gambling […]
