CHICAGO – The Illinois Senate took another stab at a major expansion of gambling on Wednesday, approving a bill that supporters promoted as a means to pump as much as $1.2 billion of one-time money into state coffers and $250 million annually.

The measure, which would establish five new casinos including one for Chicago, passed in a 32-20 vote and now heads to the House.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.