Illinois tax revenue from gambling grows to $1.99 billion in fiscal year 2023 ...Middle East

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SPRINGFIELD — As the saying goes, the house always wins. And as gambling continues to expand across Illinois, that saying increasingly extends to state government coffers as revenue from the lottery, casinos, video gaming, sports betting and horse racing grew more than 5% to $1.99 billion in the fiscal year that ended in June, according to a report from the Commission on Government Forecasting and Accountability. “It is expected that this figure will elevate even higher in the years to come as the video gaming and sports wagering industries expand and as more casinos transition to larger permanent facilities,” the report concluded. A closer look at some of the numbers: Adjusted

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Last updated : 12 October 2023 clock 12:04 AM

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Illinois tax revenue from gambling grows to $1.99 billion in fiscal year 2023 ...Middle East

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