Illinois sees record $2.1bn gambling revenues, but riverboat casinos & horse racing sectors decline.

A recent Illinois report reveals record gambling revenues of $2.1 billion, driven by video gambling, sports betting, and new casinos. However, this growth negatively impacts traditional riverboat casinos and the declining horse racing sector. Concerns over market oversaturation arise as video gaming terminals surpass 48,000. Despite higher sports betting taxes, the sector is expected to continue its growth trajectory.

October 09, 2024
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