• RSS News – Lou Lang

    • This RSS feed URL is deprecated January 21, 2018
      This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
    • Gambling expansion in Illinois no sure bet - The State Journal-Register January 14, 2018
      The State Journal-RegisterGambling expansion in Illinois no sure betThe State Journal-RegisterLou Lang, D-Skokie. “If this is going to be a viable legal business, we don't want to be behind 30 other states who have legalized it.” Lang, though careful not to stake out a position, said the legislature will likely hold committee hearings on the ...and more […]
    • Lawmakers to discuss legalizing sports betting - IllinoisHomePage.net January 9, 2018
      IllinoisHomePage.netLawmakers to discuss legalizing sports bettingIllinoisHomePage.netILLINOIS (WCIA) -- Look out sports fans, your team's next big win could get even more exciting. That's because the state may let you earn some winnings, legally. Lawmakers could be putting sports betting on the table. But the proposition has just been ...
    • Action Ridge group talks Equal Rights Amendment support in Park Ridge - Chicago Tribune January 9, 2018
      Chicago TribuneAction Ridge group talks Equal Rights Amendment support in Park RidgeChicago TribuneThe meeting, held by the local social outreach group Action Ridge, featured a presentation by Eden Nissani, outreach coordinator for Democratic State Rep. Lou Lang, a long-time sponsor of the Equal Rights Amendment bill in the Illinois House. Nissani ...and mor […]
    • State's Opioid Action Plan proposes solutions. But does it go far enough? - Belleville News-Democrat December 23, 2017
      Belleville News-DemocratState's Opioid Action Plan proposes solutions. But does it go far enough?Belleville News-DemocratSpeaking for the governor's office, Sanguinetti took issue with Lang's assessment. “We're hoping not to go the political route like it seems Lou Lang wants to,” she said. “There is enforcement, and we respectfully disag […]
    • Illinois Sports Betting Bill Surfaces As Interest Ramps Up Across The US - Legal Sports Report January 4, 2018
      Legal Sports ReportIllinois Sports Betting Bill Surfaces As Interest Ramps Up Across The USLegal Sports ReportWhat we know so far about the Illinois sports betting effort. H 4214 is just a placeholder bill for now, but the intent appears to be to fill it with language that would regulate sports wagering in the state. The bill, sponsored by Rep. Lou Lang ...
    • Illinois Legislature ethics commission under fire for neglecting complaints - Illinois News Network January 6, 2018
      Illinois News NetworkIllinois Legislature ethics commission under fire for neglecting complaintsIllinois News NetworkTerry Link, D-Vernon Hills, Chairman, state Rep. Norine Hammond R-Macomb, state Sen. Cristina Castro, D-Elgin, state Rep. Chad Hays, R-Catlin, state Sen. Michael Connelly, R-Lisle, state Rep. Lou Lang, D-Skokie, state Sen. Karen McConnaughay, […]
    • This Week In Sports Law: NFL Concussion Attorney Fees, Corey Coleman Sued, Brady's Agent's Conflict - Forbes January 7, 2018
      ForbesThis Week In Sports Law: NFL Concussion Attorney Fees, Corey Coleman Sued, Brady's Agent's ConflictForbesIllinois State Representative Lou Lang has filed a sports betting bill within the state that, like other states discussing such legislation, has no true effect on the ability to engage in sports betting unless there is a change first at th […]
    • What's happening in Park Ridge: Action Ridge meets to talk Equal Rights Amendment - Chicago Tribune January 2, 2018
      Chicago TribuneWhat's happening in Park Ridge: Action Ridge meets to talk Equal Rights AmendmentChicago TribuneAction Ridge, a Park Ridge-based group dedicated to social causes, will meet Monday to discuss the Equal Rights Amendment and how to support ratification in Illinois, the group announced. The meeting, which is open to the community, will take p […]
    • Ethics group under fire for 'neglecting' complaints - Jacksonville Journal-Courier January 7, 2018
      Jacksonville Journal-CourierEthics group under fire for 'neglecting' complaintsJacksonville Journal-CourierLou Lang, D-Skokie; state Sen. Karen McConnaughay, R-St. Charles; and state Rep. Arthur Turner, D-Chicago. In the three years of vacancy, dozens of complaints piled up. Porter recently told the commission that only 10 were valid. She suggested […]
  • RSS Blogs – Lou Lang

    • An error has occurred; the feed is probably down. Try again later.

House Committee Approves Slot Machines at Illinois Horse-Race Tracks

(Springfield, IL) — March 18, 2011. An Illinois House committee on Thursday approved legislation that would permit slot machines at the state’s six horse-race tracks while it would lower existing riverboat taxes and grant those casinos additional gaming positions.

The House Executive Committee voted 6-5 to allow, among other provisions, a total of 6,000 slot machines at the tracks. Arlington, Hawthorne and Maywood would be permitted to purchase 1,200 slots each and Balmoral, Fairmount and Quad Cities would each be permitted 900.

The proposal, House Bill 3107, sponsored by House Deputy Majority Leader Lou Lang (D-Skokie) would also add 8,000 more gambling positions at existing casinos and would give a $200 million tax break to the 10th river boat casino currently under construction.

Of the money raised, the state would direct 25% to the state’s capital construction fund and use the other 75% to pay the state’s overdue bills.

Additonally, Lang is seeking to rescue Illinois’ financially troubled horeracing industry and the 35,000 agri-business-linked jobs by helping to draw people back to the horsetracks, which have been witnessing declining attendance.

“The horse-racing industry is dying on the vine,” said Lang. “We can save those jobs in Illinois and revive Illinois horseracing if the legislature passes this bill,” Lang said.

Lang said the state’s horse-racing industry is suffering from unequal competition from other states that have slot machines at their horse-race tracks.

In addition to boosting horseracing, Lang’s plan also seeks to assist existing river boats whose revenues have slumped during the economic downturn. The bill would reduce the state’s gaming tax from 50% to 40% by July 1, 2013. Additoinally, casinos would get a tax break for table-games.

“My goal is to add jobs within the gaming industry and in local communities,” said Lang.

The bill now moves to the full House for consideration.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: