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Illinois Gaming Board (IGB) is a gaming board in Illinois that controls the state's gaming industry. The Board controls a regulatory and tax collection for video gaming and riverboat casinos. The Board has five members, selected by the Governor and approved by the Senate. [1]
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Illinois allows wagers to be placed on many sports including football, basketball, baseball, hockey, boxing, MMA, and other, less mainstream events. [ 1 ] After decades of illegal sports books being the primary avenue for bettors, Illinois passed the law with hopes to gain tax revenue from these black market sports books. [ 4 ]
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The American Gaming Association, an industry trade group, states that gaming in the U.S. is a $240 billion industry, employing 1.7 million people in 40 states. [2] In 2016, gaming taxes contributed $8.85 billion in state and local tax revenues. [3]
Lang was a strong advocate for legalized gambling. In 2009, he sponsored the Video Gaming Act which legalized the use of video gambling machines in Illinois. A 2019 ProPublica investigation found that Illinois gambling regulators were underfunded and understaffed, and the gambling failed to meet projected revenues for the state's public coffers ...
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Harrah's Metropolis is a riverboat casino located on the Ohio River in Metropolis, Illinois.It opened in 1993 as Players Island, a joint venture between Players International and show business impresario Merv Griffin as one of the state's first casinos.