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New casino helps halt dip in Illinois gambling profits
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SPRINGFIELD, Ill. (AP) — A report for the state legislature shows a casino that opened in Chicago's suburbs last year has helped halt a statewide slide in profits. Even still, gambling revenue to the state is forecast to stay relatively flat this year. The report by the Commission on Government Forecasting and Accountability found two reasons for that. A portion of the proceeds from the new Rivers Casino in the Chicago suburb of Des Plaines is helping subsidize Illinois' troubled horse racing industry. Also, lower receipts at other casinos mean they aren't paying a higher tax rate on their profits. The (Bloomington) Pantagraph reports (http://bit.ly/IWwVQL ) that the review found the Rivers Casino helped boost adjusted gross receipts by more than 20 percent in the first three quarters of the fiscal year. ___ 
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Rock island, IL Details |
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Today is Sunday, May 19, the 139th day of 2013. There are 226 days left in the year.
1863 -- 150 years ago: The Rt. Rev. Harry I. Witherspoon, D.D. Bishop of Illinois, willpreach in Trinity (Episcopal) Church, in this city this evening.
1888 -- 125 years ago: At 1 o'clock yesterday afternoon the Mississippi River flooded itsbanks at Rock Island, destroying the warehouse of the Rock Island Lumber companyand damaging the Lumber Company and arsenal power plant. Total loss isestimated at $100.000.
1913 -- 100 years ago: Residents of South Rock Island township are circulating a petitionfavoring the annexation of that area to the city of Rock Island.
1938 -- 75 years ago: Mrs. Thomas Ackles, of Rock Island, has been elected president ofthe Playcrafters for the next season. She succeeds Warren Leonard.
1963 -- 50 years ago: Some 8,000 people filed through the gates of Rock Island Arsenal on Saturday to view a display of a part of the nation's armed strength. The occasion was theannual observance of Armed Forces Day.
1988 -- 25 years ago: Willis Kuschmann, of Moline, who already has won his laurels as oneof the most artistic men in the Quad-Cities area, has a new hobby. He is deeply involvedin miniature railroading. At the age of 88, when many other seniors are dozing in theirchairs or sitting before the television, Mr. Kuschmann is planning and working on hiscollection.
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