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« on: June 24, 2008, 11:54:05 AM » |
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If gambling is the answer, what's the question?
As Illinois Capitol-watchers know, the reason for our current budget crisis is the refusal of the House of Representatives, specifically the refusal of House Speaker Michael Madigan, to support a massive increase in legalized gambling.
Adding more riverboat casinos, doubling the "gaming positions" (mostly slot machines) on existing boats, adding "electronic gaming" (mostly slot machines) at horse racetracks and giving Illinois more opportunities to lose their money - that's the answer to all the problems facing our state, according to gambling expansion advocates.
HB 2651, which narrowly passed the Senate on May 31 but stalled in the House on a procedural motion, is said to be the key to building new schools, roads and bridges, to putting 500,000 state workers (or 700,000, if you believe the governor) in high-paying jobs, to jump- starting the economy and paving our streets with gold.
But a report released last week by the Rockefeller Institute of Government suggests all this gold is not at the end of the gambling rainbow in Illinois. If gambling were the answer, Illinois already should be flush with public funds and living on Easy Street.
As it turns out, of the $23.7 billion in gambling revenue raked in by the fifty states last year, Illinois' share was second only to New York's. Our total, derived from losses Illinois citizens experience, amounted to about $450 for each family of four, or about 170% of the national average. We gamble away a lot of money, to the state's benefit.
Why, then, is the state broke? Why is it last in the nation in support of schools? Why is the FY 2009 budget more than $2 billion out of balance? Can we double down on gambling and turn this fiscal mess around?
HB 2651 will still be on the agenda when the legislators return to the Capitol after the November 4 elections. The pressure on them to pass that bill will be intense. All the talk will be about the wonderful benefits gambling money can buy. There will be little, if any, discussion of the doubtful fiscal wisdom of this approach to public finance, and none at all about the documented social ills that research has found are inevitable consequences of massive, state- sponsored gambling.
In future updates between now and November, we will raise those subjects, document the research, and give everyone who cares about the quality of life in Illinois a chance to decide for themselves if expanded gambling is policy we should support.
- Jim Broadway, Publisher, SSNS
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