Illinois’ horse-racing industry will get to keep a multimillion dollar subsidy from the state’s most profitable casinos for three more years under legislation now headed to Gov. Blagojevich.
The House and Senate approved a plan to skim 3 percent of revenues off the four richest casinos and divert that money to racing—a subsidy worth at least $30 million annually for the next three years.
The plan passed the Senate 37–13, with five voting present. The House approved it 88–16, with one present vote.
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