$700 Million More Can Be Spent on Goods and Services

The Illinois Commission on Forecasting and Accountability points out that gambling losses are down by over 50% since Covid-19 restrictions went into effect:

Data from the Illinois Gaming Board shows that the adjusted gaming receipts (AGR) from Illinois’ ten operating casinos fell a staggering 54.4% over the past calendar year, from $1.354 billion in 2019 to only $618 million in 2020.

Looked at from a different perspective, Illinois residents have an additional $799 million to spend on services tangible goods.


Comments

$700 Million More Can Be Spent on Goods and Services — 9 Comments

  1. Casinos add zero to the GNP.

    Look at the race which owns most of them?

    It’s not Tibetans or Mexicans.

  2. This week, the U.S. House passed, along party lines, the $1.9 trillion American Rescue Plan Act of 2021. A vote in the U.S. Senate is expected soon.

    Buried within the 591-page bill is a $350 billion bailout for 50 states, tribal governments, U.S. territories, and more than 30,000 cities and counties.

    Our auditors at OpenTheBooks.com finally located the $350 billion allocation, line-by-line, in a supplemental database hidden on the back end of the House Oversight Committee’s website.

    https://www.forbes.com/sites/adamandrzejewski/2021/03/03/350-billion-covid-bailout-to-states-cities-and-counties–here-are-the-details/?sh=836c965661c0

  3. JB is ordering hamburgers, lots.

    The four biggest winners were Democratic strongholds: California—which reaped an extra $6.7 billion; New York—which added another $6 billion; Illinois — increased by $2.1 billion; and New Jersey — a $2 billion increase.

  4. If you don’t wake up and figure out how bad you’re being screwed you never will.

  5. You just have to understand the math employed by our feckless leaders in Springfield

    Gambling take for Illinois is DOWN ~ $799M. Check

    Residents theoretically have $799M more to spend on other things rather than piss it away gambling.

    Illinois Pols will take that deficit and spend it regardless and then, since there will be more opportunities to gamble in 2021 ignore the loss from last year and project a 90% increase in gambling this year and “budget” accordingly e.g as if the 2021 take will be $2.57B.

    You just have to understand the math.

    It’s really simple: 2=2 = whatever they claim it is.

  6. Shalom Wylie —

    Which lucky sperm club are you referring to?

    Clearly not an organization in which you have membership and privileges.

    Please let us in on your little secret.

    Maybe let us know why the jealousy as well.

    Uber Jew

  7. Paul Revere yesterday at 6:18 PM said:

    “This week, the U.S. House passed, along party lines, the $1.9 trillion American Rescue Plan Act of 2021. A vote in the U.S. Senate is expected soon.

    Buried within the 591-page bill is a $350 billion bailout for 50 states, tribal governments, U.S. territories, and more than 30,000 cities and counties.”

    Senator Ron Johnson of Wisconsin was going to ask that the entire 591 page bill be read aloud which would take about 10 hours.

    The majority of proposed dollars in the Bill has nothing to do with the Covid Chinese Virus.

    Such as $135 million for the National Endowment for Humanities.

    The root of all this craziness is the unhinged and reckless Nancy Pelosi.

    A person who long, long ago should have been retired and now in a rocking chair.

  8. When’s Red Kamala going to raise the 25th Amendment issue about the demented hair-smeller?

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