🎰 Lightfoot Chicago casino proposal forecasts $ billion in revenue

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Shia Kapos' must-read rundown of political news in the Land of Lincoln “​Advancing the Chicago casino is still a top priority for the.


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New details are emerging about a Chicago casino proposal. talked about that and other topics in a wide-ranging interview with WTTW News.


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Illinois casinos may be closed due to the coronavirus, but Chicago hit the Progress on moving forward with a Chicago casino has been at a standstill ever Mayor Lori Lightfoot speaks with WTTW News on Thursday, Feb.


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Lightfoot's revised gambling pitch envisions $B in revenue for city casino Under her new plan, the Chicago casino would make that payment to the Today's Crain's - A roundup of the day's important business news.


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Chicago is pushing for its own large casino. about a dozen, as the nearby Windy City could legalize the machines, according to news reports.


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Illinois Governor J.B. Pritzker is still betting on a Chicago casino to help pay A much larger, integrated casino resort in Chicago was also authorized. trusted online casino news, guides, reviews and information since


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Chicago is pushing for its own large casino. about a dozen, as the nearby Windy City could legalize the machines, according to news reports.


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I hope you all will join me in supporting these legislative efforts when they come before the General Assembly this session.{/INSERTKEYS}{/PARAGRAPH} Link has denied the allegation. Factoring in the upfront payment any operator would be expected to pay the the state above and beyond regular taxes, even a modest 1 or 2 percent operating margin likely would be wiped out "for many years, if not decades," Union Gaming found. In his budget address today, Gov. State Sen. {PARAGRAPH}{INSERTKEYS}The consultant, Union Gaming Analytics, projected that a casino on any of the sites Chicago has scoped out could face a tax rate of up to 72 percent of the gross under the new Illinois law. The mayor has also dropped her desire for a city-owned casino. At a press conference after today's City Council meeting, Lightfoot said the burden of that reconciliation fee is a common complaint from mayors with new casinos coming. Luis Arroyo. A Chicago casino would pay the same upfront fees, admission and sports wagering taxes as all other casinos located in Cook County, but it would pay gaming taxes at revised rates. Terry Link, the longtime chair of the gambling subcommittee, was a cooperating witness with the FBI in its probe of state Rep.