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gold coast casino facebook3 percent, the effective tax burden on a Chicago casino would swell to 72 percent, making it almost impossible for the venue to be profitable.“To the extent a casino operator could pare down expenses and realize modest revenue and profits from non-gaming amenities … total enterprise profit margin would, in a best-case scenario, likely equate to a few pennies on the dollar,” according to the UGA report.But the board did not make specific recommendations as to how such a plan could be put into motion.black hawk casino new years eveThat’s because creditors would see that the slim profit margins would make it difficult for the borrower to adequately service liabilities related to the project.In her recent state of the city address, Mayor Lori Lightfoot said Chicago faces a 8 million budget shortfall for the 2020 fiscal year, the largest in the city’s recent history.That’s because creditors would see that the slim profit margins would make it difficult for the borrower to adequately service liabilities related to the project.red stag casino deposit bonus

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