Quinn Vetoes Gambling Expansion
Rivers Casino staves off new competition, at least until the legislature reconvenes in the fall.
The state’s top-grossing casino won’t face competition from new gaming venues — at least for now. Gov. Pat Quinn vetoed the gaming expansion bill that included five new casinos, including one in Chicago, and slot machines at six racetracks including Arlington Park in Arlington Heights, at Longfellow Elementary School, 715 S. Highland Ave. in Oak Park, on Tuesday. Rivers Casino, 3000 S. River Road in Des Plaines, has generated more revenue than any other Illinois casino every full month since opening in July 2011. In a statement, Gov. Quinn cited his concerns with the bill: substandard ethics, a lack of adequate oversight of the proposed Chicago casino and insufficient funding for education. The legislation does not prevent gaming licensees…
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Andrew
4:36 pm on Tuesday, August 14, 2012
The racetracks are businesses just like the casinos. When a new burger joint opens down the street from an old one, the old one has to try and keep their customers. The catch is, tracks also compete with tracks in other states because gamblers wage on races across state lines. Those other states? Yeah, they have slots at the tracks. Let em diversify so they can compete. more ›