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Columnist: Illinois Deserves to Cash in on Casino Licenses

18 July 2002

ILLINOIS – As reported by the Chicago Tribune: "The question isn't whether we were naive.

We were.

A dozen years ago, Illinois began sanctioning casino gambling, and the record shows that most of us, including lawmakers, accepted the projections--billed as cautiously optimistic--that the 10 riverboats might one day be successful enough to pump up to $20 million a year of new tax revenue into state and local treasuries.

It didn't quite work out that way.

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