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Increase In Gambling Sought May 9, 2003

A package of bills that would usher in a five-fold increase in gambling in Illinois was introduced Wednesday by State Rep. Lou Lang (D-Skokie). The bills would allow casino gambling in Chicago, bars and horse racing tracks for the first time, while expanding the number of table games and slot machines at existing riverboat casinos. In all, the bills would boost the number of gaming positions statewide to 62,000 from the current 12,000.

The additional positions would generate as much as $2 billion in additional state tax revenue annually under a revamped state tax rate structure, according to Mr. Lang, chairman of the House Gaming Committee. The money would be used to plug an estimated $5 billion deficit in the state budget.

Although proposals for more gambling at casinos, boats and race tracks have been expected for months, Chicago was a late entrant into the casino legislation derby. Mayor Richard Daley first acknowledged Tuesday that his staff is studying locations for a casino.

The plan unveiled by Mr. Lang in Springfield would authorize up to 4,000 gaming positions in a Chicago casino that would be owned by city government. He projected the city casino would generate $307 million to $380 million annually in revenue for the state and $450 million to $520 million for the city.

Mr. Lang also introduced a separate bill legalizing video poker machines in bars and other establishments licensed to sell liquor by the drink. A total of 47,000 video gambling machines would be doled out statewide. The machines are expected to generate tax revenue of $500 million to $750 million annualy.

The gaming committee on Thursday approved a bill to increase the number of gaming positions at existing casinos to 2,000 from 1,200 and authorized 3,200 slot machines for the five horse- racing tracks in Illinois. Arlington Park would get 1,000 machines, followed by Hawthorne Race Course with 900 and Maywood Park with 700.

Fairmont Park near St. Louis and Balmoral Park near south suburban Crete would each receive 300 machines. The bill also restructures the tax rates on the gross revenues at the casinos. The legislation would reconfigure the tax brackets for casino earnings by applying the top tax rate of 50% to adjusted gross revenue of $500 million or more annually, instead starting the 50% rate at $200 million.

Casino revenue ranging from $200 million to $500 would be subjected to sliding tax rates of 35%, 40% and $45%. Representatives of the horse-racing and casino industries spoke in favor of the bill. Republican committee members voted "present," saying they needed more time to study the proposal before taking a position.

The measure now moves to the Senate. Bills authorizing video poker gambling and a city-owned casino for Chicago were not called for a vote by the committee on Thursday.

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