State's casino take smaller than expected - 2004-01-09
Higher gaming taxes that took effect last July 1 originally were supposed to boost the state's annual take from casinos by $200 million.
Now, Gov. Blagojevich and state lawmakers might be lucky if the new taxes produce one-third of that, according to Illinois Gaming Board statistics published Thursday.
The data's impact was felt on Wall Street and in Springfield. It sparked stock analysts from J.P. Morgan to predict "continued [casino] customer erosion from Illinois to Indiana," where casino taxes are cheaper, patrons never get charged admission fees, and riverboats haven't had to scale back the hours they're open.
Read the full story at Chicago Sun Times