spot_img

Illinois quick hits: Investigation shuts down interstate; $1.5 billion in gambling revenue last year

Shooting investigation shuts down interstate

A shooting investigation shut down several lanes of Interstate 94 in the Chicago area during the Friday morning commute.

Illinois State Police said troopers responded to the highway near the Irving Park exit about 6 a.m. for a report of a shooting. Police then shut down three lanes of traffic to conduct their investigation. No injuries were reported.

$1.5 billion in gambling revenue last year

At the Illinois Gaming Board’s first meeting of the year, it reported that the state and local governments earned more than $1.5 billion in tax revenue from Illinois’ 15 licensed casinos, more than 46,000 video gaming terminals and 13 sports wagering operators statewide in 2023.

The total amount of money wagered in the Illinois sports wagering market for 2023 was $11.6 billion. Since sports wagering launched in 2020, Illinois has had one of the highest grossing sports wagering markets in the country.

Flash index down

The U of I Flash Index for January fell to 102.5 from its 102.8 reading in December. That indicates a slowing, but still strong economy.

An index reading above 100 denotes growth. Income, corporate and sales tax receipts for the month were down slightly compared to the same month last year. The Illinois unemployment rate ticked up to 4.8% compared to 4.6% a year ago.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

GOP secretaries of state ask Colorado Supreme Court to dismiss Trump case

(The Center Square) – A group of Republican secretaries...

Federal government says 142,000 jobs were added in August

According to data released by the U.S. Bureau of...

Seattle mayor proposes first update to city’s ‘Food Action Plan’

(The Center Square) – Seattle Mayor Bruce Harrell has...

Violent crimes on rise in Chicago, robberies at 5-year high

(The Center Square) – Crime is up in Chicago...

Biden-Harris Cuban visa program endangers national security, senators argue

U.S. senators are demanding answers about another visa program...

Washington State Ferries cancels sale of two decommissioned ferries

(The Center Square) – Washington State Ferries has cancelled...

Louisiana prison sentences improperly assessed by corrections officials

(The Center Square) — For the fourth consecutive year,...

Armed with tax incentives, an EV parts maker to locate in Illinois

(The Center Square) – With a rash of companies...

More like this
Related

Federal government says 142,000 jobs were added in August

According to data released by the U.S. Bureau of...

Seattle mayor proposes first update to city’s ‘Food Action Plan’

(The Center Square) – Seattle Mayor Bruce Harrell has...

Violent crimes on rise in Chicago, robberies at 5-year high

(The Center Square) – Crime is up in Chicago...