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Gambling take drops nationwide, study says

23 June 2008

SPRINGFIELD, Illinois -- As reported by the Chicago Tribune: "A major gambling expansion has been touted as the way to pay for a proposed $34 billion construction plan in Illinois, but a new study suggests states may be counting too much on that money.

"A report by the Rockefeller Institute of Government shows revenue growth from gambling across the country has slowed down over the last three years. Study authors at the New York-based think tank warn that sluggish economic growth and social objections to gambling have taken a toll on gambling revenue.

"In Illinois, proponents of a statewide construction plan, including Gov. Rod Blagojevich, want to pay for it with the help of a land-based casino in Chicago. The idea stalled in the waning hours of the spring legislative session last month.."

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