Chicago would get a city-owned casino and be allowed to keep all revenue for seven years to help make ballooning pension payments, and new casinos would be added throughout the state under legislation expected to be introduced Thursday in the Illinois Senate.
Plans to expand gambling in Illinois were put on hold Friday when the backer of legislation proposing new casinos said he wouldn’t call the measure for a vote until he resolved lingering issues and had key support.
The longtime backer of a push to expand gambling in Illinois has dropped his name from a pending bill over “perceived conflict of interest” with a law firm where he’s counsel.
Slamming the measure as “excessive,” Gov. Pat Quinn has officially vetoed legislation that would have allowed five new casinos in Illinois, including one in Chicago, after lawmakers held up the proposal for nearly two years due to his promised veto.
State lawmakers could attempt to override Gov. Pat Quinn’s veto of legislation to expand casino gambling in Illinois during their two-week veto session that started Thursday, but one city that already has a casino says enough is enough.
Illinois House Speaker Michael Madigan said Tuesday that he’s not sure casino legislation will be going very far in Springfield this spring.
The chairman of the Illinois Gaming Board warned Gov Pat Quinn on Wednesday not to expand gambling operations in Illinois. Aaron Jaffee said he wants Quinn to veto legislation passed earlier this year that would allow for a massive expansion of casino gaming in Illinois.
The Illinois Senate Tuesday narrowly passed and sent to Gov. Pat Quinn legislation that would authorize a casino for Chicago, put slot machines at racetracks and the city’s airports and add casinos in the suburbs.
The Illinois House has passed proposed legislation that would pave the way for a major expansion of casino gambling throughout the state.
The Chicago City Council’s powerful Finance Committee chairman is watching the debate in Springfield over expansions of casino gambling with great interest.
Illinois Senate President John Cullerton says the odds are good for an expansion of gambling in the state, including a Chicago casino and slot machines at the racetracks.
Chicago’s Better Government Association is recommending caution before Illinois lawmakers decide to increase the number of casino licenses as a way to infuse cash into the state’s dwindling revenue stream.