Chicago casino revenue doesn’t address 91% of city pension debt

By Dylan Sharkey

05/31/2022

The Chicago City Council approved a casino development in the River West neighborhood. The generated revenue will exclusively pay for pension debt, but only an estimated 9% of what the city needs.

TAGS: casino, Chicago, pension reform

Chicago aldermen call timeout on sports betting over casino worries

By Dylan Sharkey

12/09/2021

Aldermen are worried sports betting taxes will yield chump change while damaging the prospects for new casinos in Chicago. They are calling for a delay in the action.

TAGS: casino, Chicago, sports betting

Illinois’ gambling revenue chase closes in on Chicago casinos

By Dylan Sharkey

10/25/2021

Chicago is getting closer to getting a casino, but more ways and places to gamble do not necessarily mean more state revenue. Illinois would be better off betting on pension reform.

TAGS: casino, Chicago, COVID-19, gaming

Pritzker signs bill lowering taxes on a Chicago casino

07/03/2020

Gov. J.B. Pritzker and Illinois lawmakers agree that when taxes are too high, not even a casino in the heart of Chicago can make money.

TAGS: casino, Chicago, gaming

A city charter could bring order to Chicago’s dysfunction. How can it get one?

Report Archive

Ricky Hamilton

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students