Budget arguments highlight vital nature of gambling
Gambling is rarely out of the news when senators are discussing the implications it may have on a state but Illinois is now facing financial problems without it.
In a clear sign of the benefits gambling brings to towns and cities alike, it has been reported that without support for gambling, the state of Illinois’ budget will be a distressing read.
House Speaker Michael Madigan has been trying to open up the gambling restrictions, in order to support racetracks, gambling boats and online and over-the-phone betting.
The problem has been achieving support for such a move which, if were more popular among politicians, would free up millions of tax dollars to ease the knots in the current budget.
At present however, in fighting among top Democrats has meant the budget will be so late it will be opened up to Republicans before it can be finished.
The news comes within a month of the Florida Senate voting to allow slot machines throughout the state.
The decision was based on casinos’ ability to contribute tax dollars for governments, and in Florida was earmarked for a reduction in property taxes.