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Although this suspension has since been lifted, gaming has only returned on a limited basis and it remains unclear how long these limitations will last.Inconvenient interruption:The newspaper reported that Illinois’ casinos were allowed to re-open from July 1 following an over 15-week coronavirus-induced shutdown so long as they agreed to abide by a range of capacity, social distancing and public health rules designed to help stop the spread of the highly-contagious infection.”...
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Even with the resumption of wagering, it is expected that the ramifications of the pandemic on public confidence will persist for some time.The American state of Illinois reportedly saw aggregated tax revenues from gambling for the twelve months to the end of June fall by 13. The organization purportedly pronounced that this wane was prefaced by six years in which this lottery’s total receipts grew by only 4....
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Enduring experience:Even before the emergence of coronavirus and the investigation from CoGFA reportedly detailed that the casino industry in Illinois had been in decline with aggregated adjusted gross receipts having dropped by 42.According to a report from The News-Gazette newspaper, this is the determination of the Commission on Government Forecasting and Accountability (CoGFA) with the biggest comparative decrease in combined receipts at 30% witnessed by the Midwestern state’s collection of ten riverboat casinos. Although this suspension has since been lifted, gaming has only returned on a limited basis and it remains unclear how long these limitations will last....
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Reportedly read the statement from CoGFA…“The coronavirus pandemic likely hurt lottery sales as customers were more likely to stay at home and some retailers may not have been open, making the lottery less available.CoGFA’s statement reportedly read…“Because of this, very little tax revenues, ,224 to be exact, were reported to have been received from the sports wagering tax in the fiscal year. Also included is a bar area offering quick eats and drinks....
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Inconvenient interruption:The newspaper reported that Illinois’ casinos were allowed to re-open from July 1 following an over 15-week coronavirus-induced shutdown so long as they agreed to abide by a range of capacity, social distancing and public health rules designed to help stop the spread of the highly-contagious infection.Reportedly read the statement from CoGFA…“The coronavirus pandemic likely hurt lottery sales as customers were more likely to stay at home and some retailers may not have been open, making the lottery less available.ive multiplier and a respin feature....
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