Tag Archives: Chicago
US – Illinois General Assembly misses chance to restructure Chicago’s ‘onerous’ tax
The Illinois General Assembly has adjourned until next year without voting on whether the tax structure presented for its Chicago casino needs to be made more operator-friendly. Chicago City Mayor Lori Lightfoot wanted the Assembly to amend the tax structure after it was described as ‘very onerous’ by gaming analyst Union Gaming who conducted a…
US – Union Gaming says Illinois laws will price investors out of Chicago casino
Illinois’ gaming laws will price casino groups out of competing in the race to operate in Chicago according to a feasibility carried out by Union Gaming Analytics. The report says that the “onerous” tax and fee structure will make it difficult, if not impossible, to attract investors as they won’t might not make a profit…
US – Union Gaming to conduct feasibility study into Chicago’s downtown casino
The Illinois Gaming Board has asked gaming analysts at Union Gaming to oversee a feasibility study for a casino in Chicago. Union Gaming will present its study regarding the feasibility and ability to finance a casino in Chicago to Governor Pritzker and Chicago Mayor Lori Lightfoot in August. The expansion will allow five casinos in…
US – Illinois governor signs in gambling expansion
Illinois Governor JB Pritzker has signed Rebuild Illinois into law, the most robust capital plan in Illinois history and the first in nearly a decade, legalising sports wagering, expanding gaming, and providing for the vertical revenues in the Rebuild Illinois Capital plan. SB 690 authorises licenses for six new casinos – in Chicago, Waukegan, Rockford,…
US – Texas and Illinois considering casino bills
Texas, the second largest state in the United States, and Illinois, the sixth most populous, are both looking at the economic benefits of introducing casino gaming with new bills this week. Chicago is in the running to get its first ever casino as part of a proposal to expand gambling in Illinois that would see…
US – Chicago tourism officials present case for a downtown casino
Tourism executives in Chicago have aired their support for a Chicago casino to address a $6bn deficit gap in Illinois. Officials from the dining, hotel and tourism sectors addressed a panel of legislators at a hearing, stating that a casino in Chicago’s downtown area would create thousands of jobs, create more business opportunities for local…
