Tag Archives: casino

Trip Sisters – Episode 10 – (8-4-18) – Chickasaw Country, OK​

Sisters Colleen Kelly and Catie Keogh talk tips and trends on all things travel. This week they talked about their trip to Chickasaw Country, Oklahoma. They talked with former Miss Oklahoma, Triana Browne, who is from there.​

Illinois gambling proposal would add casinos in 6 places

SPRINGFIELD, Ill. (AP) — A significant expansion of casino gambling is back in play in the Illinois General Assembly.

A proposal to authorize six new casinos got Senate approval this past week. It was one of the few victories in a week dedicated to getting a compromise budget plan through the Senate.

A Chicago casino would be approved for the first time. Others would be spread around the state.

The state has 10 highly profitable casinos. But the legislation recognizes competition would cut into existing riverboats’ profit. So it would cut the tax rate on casino revenue significantly.

One analysis found the addition of six casinos, added seats on existing boats, and slot machines at horse racing tracks and Chicago airports would increase tax profits by only $87 million a year.

 

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Appeals court slashes damages to Illinois riverboat casinos

(CHICAGO) — An appellate court has sharply reduced a jury’s damages award to several Illinois casinos from $78 million to $26 million in a case tied to imprisoned former Gov. Rod Blagojevich.

The 7th U.S. Circuit Court of Appeals otherwise backed the jury’s findings in a lawsuit brought by riverboat casinos against a racetrack company.

But the three-judge panel concluded in a ruling posted earlier this month that there was insufficient evidence to support the finding of a conspiracy. So it so required the damages award be reduced.

The trial focused on a pay-to-play deal prosecutors said involved Blagojevich and one of the racetrack company’s top executives, John Johnston.

The casinos paid millions in an effective tax imposed by the Blagojevich-era Legislature. The money went to support financially struggling, politically well-connected tracks.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.