the powerpoint slides (PDF). - Institute of Government & Public Affairs

More documents

Recommendations

Info

Tax Revenue:Illinois Tax Revenue by CasinoCasino AGR State+Local Tax Des Plaines $352,226 $151,757 Elgin $179,146 $60,422 Joliet -‐ Harrah's $177,900 $60,248 Aurora $127,758 $38,252 Joliet-‐Hollywood $118,759 $34,799 E. St. Louis $110,738 $33,144 East Peoria $98,005 $26,785 Metropolis $83,370 $20,952 Rock Island $74,506 $18,330 Alton $59,813 $14,298 • 2012 YTD Casino AGR.All figures in thousands.• Casinos in mostpopulated areas generatemost tax revenues.• Graduated tax rateSource: Illinois Gaming Board OctoberMonthly Report
Tax Revenue:Do Casinos Increase Tax Revenues?• Commercial casinos are found to consistentlyincrease government revenue 4 .▫ Casinos are highly taxed, relative to activities thatmight be displaced.▫ Evidence <strong>of</strong> displacement is not very strong 4 .
Page 1 and 2: Gambling and Public PolicyMichael W
Page 3 and 4: Gambling Trends• 22 states have c
Page 5 and 6: Gambling Trends2.521.510.50Illinois
Page 7 and 8: Gambling Policy Issues• Economic
Page 9 and 10: Economic Development:Do Casinos Cre
Page 11 and 12: Economic Development:Do Casinos Imp
Page 13 and 14: Social Issues:Do Casinos Increase P
Page 15 and 16: Gambling Policy Issues• Tax Reven
Page 17: Tax Revenues:Gambling Tax Revenue B
Page 21 and 22: Tax Revenue:Are Casino Taxes Regres
Page 23 and 24: Recommendations• Important to dis
Page 25 and 26: Recommendations• Objectives:▫ E
Page 27: References• 1. Cotti, Chad. "The

the powerpoint slides (PDF). - Institute of Government & Public Affairs

Create successful ePaper yourself

Delete template?

Save as template?