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Illinois News - Page 15

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Innovation Capital completes financing for Jumer's Casino Rock Island

Innovation Capital announced its role as Sole Placement Agent and Financial Advisor in connection with the closing of a $126.0 million debt private placement by The Rock Island Boatworks, Inc. dba Jumer's Casino Rock Island.

Illinois groups get casino money funding

News Brief: More than 40 Kane County charitable organizations, community groups and government agencies will split nearly $1 million in county riverboat grants under a proposal unveiled this week.

Kentucky Governor rolls out casino bashing ads

News Brief In the campaign commercial, Kentucky Governor Ernie Fletcher highlights Aurora's Hollywood Casino, although not by name, as a poster child of sorts for what happens to good communities when casinos come in.

Jumer's Casino Rock Island approved

News Brief: The Illinois Gaming Board gave its unanimous approval Monday to a new $151 million gaming complex, Jumer’s Casino Rock Island.

Illinois governor pushes for smoking exemption

News Brief: Governor Rod Blagojevich’s signature on the statewide smoking bill comes as some Illinois lawmakers continue to push for an exemption for casinos.

Quad City casino revenues mixed for May

News Brief: The Casino Rock Island's adjusted gross revenue for May -- $2.96 million, was the lowest for any May since 2000.

Illinois license auction soon

News Brief: The Illinois Gaming Board says it’s close to auctioning the state’s long-dormant 10th casino license. An appellate court recently upheld a decision to revoke the gaming license of Emerald Casino.

Illinois senate approves casino bill

News Brief: The Illinois Senate late Thursday voted to approve four new casinos and to let all existing casinos expand.

Country Club Hills out of running

News Brief: Country Club Hills, which has angled since 2002 for a casino, would be frozen out of a new license under an increasingly popular proposal to expand gambling in Illinois.

Rockford mayor will support casino

News Brief: Rockford Mayor Larry Morrissey says he will back a push for a casino if aldermen make the first move.

Illinois casino expansion tied to health care

New Brief: Governor Rod Blagojevich says he's willing to agree to more casinos if it pays for universal health care coverage.

Illinois leaders push new casino plan

News Brief: Illinois would license bookies and let floating casinos move slot machines ashore, under a controversial gambling plan key Democratic leaders are pushing to come up with added billions for state spending.

Rockford may be part of gambling expansion

News Brief: A gambling-expansion package under consideration in Illinois may include a casino for Rockford.

Illinois bill would exempt casino from smoking ban

News Brief: While an Illinois smoking ban awaits approval from Gov. Rod Blagojevich, some lawmakers are working to ensure casino patrons across the state can still light up a smoke before laying down their money.

Few answers at Illinois bingo hearing

News Brief: At a public hearing, there were few answers to questions concerning Prairie Band Potawatomi Nation's plan to open a bingo hall in unincorporated DeKalb County near Shabbona.

Illinois bill would allow slots at tracks

News Brief: Fairmount Park leaders touted a plan Monday to create up to 300 new jobs, put roughly $20 million into state and local coffers, bring back the region's marquee horse race and save the struggling track.

Gambling bill 'crucial' to Fairmount Park

News Brief: The future of Fairmount Park is riding on a bill before Illinois lawmakers, says the horse track's General Manager Brian Zander.

Casino Rock Island approval delayed

ews Brief: After years of planning, waiting, changes in state law, and other delays, Casino Rock Island will need to wait some more before the final approval for its new $150 million complex, the Illinois Gaming Board ruled Tuesday.

Illinois county approves casino revenue resolution

News Brief: Despite pressure from religious leaders and other gambling foes, the Lake County Board on Tuesday approved a resolution requesting a share of revenue if Waukegan is granted a casino.

County expected to back Waukegan casino

News Brief: Lake County officials may go on record in support of the potential siting of a casino in Fountain Square of Waukegan due to the anticipated financial and economic benefits to the region.

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