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Illinois bill would allow slots at tracks

8 May 2007

COLLINSVILLE, Illinois – As reported by the St. Louis Post-Dispatch: "Fairmount Park leaders touted a plan Monday to create up to 300 new jobs, put roughly $20 million into state and local coffers, bring back the region's marquee horse race and save the struggling track.

"The only hitch: The state must approve the addition of 900 slot machines to foot the bill.

"The plan, outlined at a news conference, calls for adding horse races, building a large amphitheater — and even starting a charity for at-risk youths.

"But the announcement was clearly targeted at drumming up support for changing the state's gambling laws to allow slot machines at racetracks.

"…Fairmount Park estimates the state would receive $17 million in gaming taxes each year and a $22.5 million one-time fee for the new slots…"

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