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paragon casino concerts 2019Competition to Heat UpLast year, Prairie State policymakers passed a broad gaming expansion package aimed at generating cash for Pritzker’s billion “Rebuild Illinois” plan.Pritzker (D) recently signed a bill lowering previously punitive taxes on revenue to be generated by a yet-to-be-built Chicago casino.But an integrated resort alone won’t generate enough revenue to cover the half-billion dollars in public employee pension expenses the city faces over the next two years.online casino quotesCompetition to Heat UpLast year, Prairie State policymakers passed a broad gaming expansion package aimed at generating cash for Pritzker’s billion “Rebuild Illinois” plan.Illinois Governor J.A casino could generate “a couple hundred million dollars per year” in receipts for the city, according to Moody’s.black oak casino promo codes

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roulette casino online bettingPenn National has halted construction on both of its satellites because of the coronavirus pandemic.”The research firm points out that Illinois GGR figures were stagnating prior to the coronavirus outbreak, and that the pandemic could lead to “enduring changes in gambling patterns,” including a shift to online casinos.But an integrated resort alone won’t generate enough revenue to cover the half-billion dollars in public employee pension expenses the city faces over the next two years.Although credit positive, a casino is not a panacea for Chicago’s budget challenges, because attracting more gamblers is increasingly competitive and the city will need to make additional budgetary adjustments to accommodate growing pension costs of approximately 0 million over the next two years,” said Moody’s.Additionally, the 10 casinos currently operating in the state can add more gaming positions under the terms of the expansion legislation.Pritzker (D) recently signed a bill lowering previously punitive taxes on revenue to be generated by a yet-to-be-built Chicago casino.w casino online

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