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soaring eagle casino in standishBad DealThe proposed tax rate on a Chicago casino is well above current levies on existing Illinois gaming properties.Other CitiesCasino projects in other smaller Illinois cities, such as Danville and Rockford, are seen moving forward because venues in those locations will not be subject to the onerous 72 percent Chicago tax clip.“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.borgata casino event center ticketsThchumba casino codes 2021e 10 riverboat casinos in the state are subject to taxes of 15 percent to 50 percent of adjusted gross gaming receipts, reports Capital News Illinois.Encore Boston Harbor has taken a commanding lead in the Massachusetts three-casino gaming industry, as the .UGA noted that under a 72 percent tax rate scenario, an operator opting to build the Windy City casino would need to do so without taking on debt, a rarity in the gaming business.encore casino and hotel

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