Monday, December 27, 2010
 
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Aurora, Elgin see falling casino tax revenues

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[December 27, 2010]  AURORA (AP) -- The Illinois Casino Gaming Association says casino revenues have fallen about 32 percent in three years.

InsuranceThe Daily Herald reported Sunday that the cities of Aurora and Elgin have seen lower tax revenue over the last few years. Aurora city spokesman Kevin Stahr says the city ended capital improvement projects.

Nonprofit groups in Elgin that have funding linked to the local riverboat casino have seen less money. Association executive director Tom Swoik blames about 20 percent of the drop in casino revenue on the statewide smoking ban. The rest, he says, is because of the economic downturn.

Elgin's $26.8 million in casino proceeds in 2008 fell to $22.15 million the next year.

[Associated Press]

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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