New Illinois casino is closer
A Chicago-based consultant revealed two companies “are neck-and-neck” in a race to develop a new casino in Waukegan, Illinois.
US.- The government of Waukegan has revealed the results of a report on a new Illinois casino in town. City Mayor Sam Cunningham stated that two out of four companies are neck-and-neck in the race for the venue.
Full House Resorts and North Point Casino are the ones closest to developing the new Illinois casino. The report set 1 as the highest score and Full House received the highest total with 1.5. On the other hand, North Point followed with 1.8. The two other contenders followed: Rivers Casino (2) and Potawatomi Casino (2.5).
Full House Resorts’ proposed Illinois casino would include a 1,500 slots venue with a further 60 table games. Moreover, it would include a sports betting area and projects US$173 million in gross revenue.
North Point Casino would include a 5,300-square-foot sports betting operation. That, next to 1,100 slots and 48 gaming tables that would generate US$190 million.
Rivers Casino proposal
Churchill Downs and Rush Street Gaming have outlined their plans for a proposed casino in Waukegan, Illinois. The companies said that by the fifth year of operation, the Rivers Casino Waukegan would generate US$282 million in gross revenue.
Churchill Downs and Rush Street Gaming have outlined their plans for a proposed casino in Waukegan, Illinois. The companies said that by the fifth year of operation, the Rivers Casino Waukegan would generate US$282 million in gross revenue.
Rivers’ owners said that they will generate that figure thanks to their proven marketing and customer service approach. They believe that they will attract high-end patrons to Waukegan and therefore generate more local taxes in the city and neighbouring communities than any other bidder.
They also promised the city monthly payments totalling US$6 million a year in lieu of tax revenue during construction. In contrast to any other bid, they said that they would be ready to go on day one of being approved.