Chicago Casino Would Be a Costly Bet, Gambling Operators Say

Chicago leaders are searching for a company to build the city’s first casino, but big gambling operators are concerned that the government’s plans will be too costly to make the project feasible.

The city is calling for a megaresort with hotel rooms, meeting space and a surrounding entertainment district, according to a request for proposals issued in April. Chicago is hoping a casino will aid itsChicago’s requirements for the megacasino mean a developer could have to spend $1 billion or more to accomplish the task, according to one person familiar with the plans.

, a decadeslong trend that has surged recently with online wagering. Gambling companies are eyeing a possible casino in New York City and investments in the rapidly growing online wagering market across the U.S. “We expect to have a very unique entertainment and gaming experience that you’re not going to find anywhere else in the region,” Chicago Mayor Lori Lightfoot said in an interview. “That is certainly our expectation. We’re going to be driving toward that.”

$600 million in “fees”, and a tax rate that can be as high as 70%….yeah, I bet the casino operators are going to lining up to get a shot at this cherry…🙄

Talk about corruption. Chicago and Gambling

There are casinos just minutes outside of the city limits. In typical Chicago style, this somehow can’t get done

I keep smiling anytime I invest with you, you're good and an expert i must say thank you MrsJamesTricia

MrsJamesTricia keep up the good work, I actually received my profit for the third time, this is a speechless feeling and a great success and once again thank you for your assistance MrsJamesTricia

lotta beaks to wet

👏 none of these days have been too great if i am honest i hope to turn it around, many do, many can’t!! Just a few months of bitcoin pumping & Trading With 2k -$10k, I'm really greatful to Tianafxtrade who guided me through my first bitcoin mining investment. A million thanks

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Millions Of Amateur Gamblers Will Bet On The Tokyo OlympicsThis is the first year Americans can gamble on the Olympics through mobile betting apps. Here's where the smart money is going for gold.
Source: Forbes - 🏆 394. / 53 Read more »

Why Millions Of Amateur Gamblers Will Bet On The Tokyo OlympicsThis is the first year Americans can gamble on the Olympics through mobile betting apps. Here's where the smart money is going for gold.
Source: Forbes - 🏆 394. / 53 Read more »

Tyron Woodley Calls Tattoo Bet With Jake Paul 'Childish', But I'm Gettin' A KO!Tyron Woodley says his tattoo bet with Jake Paul is straight-up 'childish' -- but he tells TMZ Sports he took it 'cause he says he knows he's going to KO the YouTuber! Everything about the Paul's is childish. HARRY WALES VERY VERY IMPORTANT ‼️ MADE ME A SINGLE TRACK THE MOST POPULAR THAT IS HAVE GRADED BY BILLBOARD AND GRAMY THAT IS HAVE GRADED BY STUDIO 54 BY ITS REMIX . Yung PROPERTY of who is need PROPERTY of mark Anthony Gonzales Evangelista Like that
Source: TMZ - 🏆 379. / 59 Read more »

Supply-Chain Backlogs Turn Chicago Into New ChokepointChicago is emerging as a new bottleneck in the global supply chain as rail, trucking and logistics operators struggle with a glut of imports from Asia reaching the Midwestern freight hub 배교는 하나님을 버리는 것입니다 TreasureInHoliness man_integrated wow
Source: WSJ - 🏆 98. / 63 Read more »

If you're still working when you turn 65, be sure to avoid costly mistakes with MedicareWhile not everyone with job-based insurance is required to enroll in Medicare at age 65, many are. Here are the rules to know. I AM BEGGING FOR HELP AT THIS POINT!!!! I am a single father of a disabled toddler, We are about to lose what little we do have we need to get caught up on rent and expenses and repair or replace our car ASAP God Bless you all!!! thanks
Source: CNBC - 🏆 12. / 72 Read more »

Miso Chocolate Chip CookiesA salty-umami chocolate chip cookie from chefs Marcus Samuelsson and Tiana Gee to add to the Great Chocolate Chip Cookie canon. Make. It. Stop.
Source: bonappetit - 🏆 482. / 51 Read more »