Gambling bill contains little-known tax breaks for Chicago-owned casino

| September 30, 2011

Updated: September 11, 2011 2:26AM Little discussed in the massive gambling expansion approved earlier this year by the Illinois Legislature were new tax breaks for casinos, the main beneficiary of which would be the planned city-owned casino in Chicago. While every casino would see a tax reduction, the one-of-a-kind tax structure endorsed by lawmakers reserves [...]