![]() ![]() ![]() The word “oversaturated'' best describes gaming in the state. Waukegan is one of five locations slated for a casino project as part of Illinois’ 2019 gaming expansion legislation. Meanwhile, the city of Waukegan, just 35 miles north of downtown Chicago, is considering bids for a gaming development from three casino operators, including Las Vegas-based Full House Resorts. What has scared them away is the tax structure for the deal – 40 percent on gaming revenues – and competition in Illinois, a state that currently has 10 casinos and more than 40,000 video gaming terminals operating in 7,670 locations.įour casinos in nearby northwest Indiana draw business from Chicago-area residents. The four large Strip operators decided against submitting bids for a project that Lightfoot and other Chicago leaders said was designed to attract Las Vegas Boulevard’s best-known occupants. The proposals won’t come from MGM Resorts International, Las Vegas Sands, Wynn Resorts and Caesars Entertainment. In reality, the mayor may only see a handful of offers. ![]()
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