Officials: Casino Revenues Dropping

AURORA, Ill. (WBBM) — Illinois Gaming officials say casino revenues have fallen about 32 percent in three years.

As WBBM Newsradio 780’s Bob Conway reports, Aurora and Elgin have seen lower tax revenue over the last few years, and Aurora city spokesman Kevin Stahr says the city has been forced to end capital improvement projects.

LISTEN: Newsradio 780’s Bob Conway Reports

Nonprofit groups in Elgin that have funding linked to the local riverboat casino have seen less money. Officials blame about 20 percent of the drop in casino revenue on the statewide smoking ban. The rest is because of the economic downturn.

Elgin’s $26.8 million in casino proceeds in 2008 fell to $22.15 million the next year.

  • Ray Krawczyk

    Well, when casinos literally rip their patrons off not even allowing them a chance to play awhile to enjoy themselves, people will just get fed up and search elsewhere … Remember most people who play for a length of time will eventually give it back anyway, so why not give something to keep them there.
    Most of the time it’s hi, bye……………Sucker

  • John Brieschke

    I have recently heard a comment that gaming on our Illinois Riverboats are declining because people go elsewhere. I completely agree with this thought. We go to Wisconsin or Indiana when we choose to gamble because the payouts and perks are much better. If you don’t believe this, go ahead and see if the casino’s revenue in bordering states are declining.

  • Susan Bell

    Gambling is an immoral business operation and casino operators are thieves who prey on the dreams of those that can least afford it – those that bet their rent or food money in the hopes of easing their financial distress. How about some real help, including funding rehab programs for compulsive gamblers? I hope their revenues continue to decline and they find more worthwhile business ventures in which to invest.

  • CJ

    I’m a very infrequent gambler. I’ll go to vegas once every few years. I went to an Illinois casino once. The minimum bet was $15 at blackjack. That’s insane. For a person like me, that is unacceptable. I walked right out the door. Lower your limits, and you may get some more casual gamblers. At least in Vegas you get free booze. Either way, you’ll end up with my money. At $5 limit, I can play for maybe an hour, loose, it, and chalk it up to fun. But at $15 minimum bet, I’d be done in 10 minutes.

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