Video Gambling in Bars Holds Promise of Handsome Revenues

06/02/2010 05:12 am ET | Updated May 25, 2011

On Chicago's gritty far southeast corner, which in the past few decades has seen factories rust and grandiose plans for a Lake Calumet airport fizzle, a couple of dozen neighborhood bar and restaurant owners gathered at the Knights of Columbus hall on a late winter evening to learn about the latest big-ticket plan: video gambling.

Alderman John Pope (10th Ward) told them he believed that a "large majority" of City Council members would soon join him in voting to lift the ban on gambling in Chicago, placing the city in a state program that will allow as many as five video gambling terminals in any business that has a license to sell liquor for on-site consumption.

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