Local Business Headlines
- St. Louis Freightway, Port of New Orleans sign pact aimed at fostering economic growth
- J.C. Penney says it will close up to 140 stores
- Alton resident presented Living Legends Award
- Economic development course series starts March 1
- World’s Largest Garage Sale makes return April 23
- CNB Bank & Trust announces new financial advisor
- SIUE implements reverse transfer credit program with LCCC
- Divine Immanence LLC, Maryville beauty supply business, opens
Video gambling sets rapid pace in Illinois
Parlor slots now outnumber all Illinois casinos combined
It was a quiet, wintry afternoon outside the building, but inside Lucy’s Place, the action was hot, with every slot machine occupied and alive with the sounds of winners and losers.
Yet, this is no casino. A year ago, it was a coffee shop before the operator agreed to sell her equipment to a group of businessmen who leased the building, then took months turning it into a tiny video gaming parlor, lovingly named after one of the owner’s dogs. The coffee shop operator stayed on as a manager.
The location on Vaughn Road in Wood River houses only the maximum, state-allowed five gaming machines, but it made a nifty $32,246 in net wagering activity between May and the end of November, its first months of operation. The location is among 20 Lucy’s Places in Illinois and in turn they are among the latest in a long list of sites that opened in the state after last year’s launch of video gambling for bars, restaurants, fraternal organizations, truck stops and other sites.
- See VIDEO GAMBLING
Business watching as medical cannabis rules developed
Several state agencies are hustling to draw up rules for use of medical marijuana in Illinois, a widely watched process that promises to enlist the public’s input before the program is implemented late in 2014.
A new website was recently launched to help residents understand and weigh in on the Compassionate Use of Medical Cannabis Pilot Program Act, which went into effect Jan. 1. The Illinois departments of Financial and Professional Regulation, Public Health and Agriculture now have 120 days to propose final rules governing the program.
Bob Morgan, statewide coordinator of the four-year program, said the departments are separately drawing up rules of implementation that will be formally presented by May 1 to the Joint Committee on Administrative Rules, a review arm of the Illinois General Assembly. The latter body will then have a minimum 90 days to approve those rules and put the governance into effect.
- See MEDICAL CANNABIS
Simmons Firm Donation to Madison County Food Pantries Feeds Hundreds through Holiday Season
Employee Foundation Drive Collects More than 38,000 pounds in donations
More than 38,000 pounds of food and personal hygiene items were delivered by employees at the Simmons Law Firm to five Madison County area pantries this past holiday season. Employees raised the food during the 7th Annual Simmons Employee Foundation Food Drive.