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Illinois News - Page 32

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Illinois Bidders Narrowed Down to Three

News Brief: The Illinois Gaming Board is expected today to narrow to three finalists the list of seven bidders for the state's 10th casino license.

Casino Issue Splits Illinois City

News Brief: Casino supports and opponents voiced their opinions to Country Club Hills leaders at a council meeting.

Illinois Casinos Crime Fears Overblown

News Brief: When gambling was legalized in Illinois, detractors warned that riverboat casinos would be vice magnets. Ten years later, most of their concerns seem to be overblown.

Illinois Municipality Rejects Gaming Resolution

ews Brief: The Hazel Crest Village Board Tuesday rejected a resolution to support gaming in neighboring Country Club Hills, according to a village spokeswoman.

Concerns Arise Over Proposed Illinois Casino's Location

News Brief: Attorney General Lisa Madigan says that she and other law enforcement officials, and the Illinois Gaming Board, have concerns about locating a casino in Rosemont in light of its proximity to O'Hare International Airport.

City Fights Casino on Tax Changes

News Brief: Elgin leaders will fight an attempt by the Grand Victoria Casino to pay them considerably less in property taxes than they do now.

Casino Donations Dominate East St. Louis Campaign

News Brief: The Casino Queen continues to reign when it comes to political donations in East St. Louis.

Illinois' Bids Heavy with Clout

News Brief: The list of investors in at least two companies vying for the Illinois’ final casino license serve as a who's who of clout.

Analysts: Penn Proposal Bad Deal for Illinois

News Brief: The fine print in an unusual and seemingly lucrative offer for a now-dormant Illinois casino license would virtually ensure the bidder a quick profit while saddling the state with payments on more than $700 million in new debt, according to gambling industry analysts.

Gambling Expansion Proposed to Help Illinois

News Brief: A state representative has proposed a drastic expansion of gambling in Illinois.

Judge Delays Emerald Casino Ruling

News Brief: Judge Eugene Wedoff delayed ruling on any Emerald Casino bankruptcy settlement.

Illinois Governor Considers State-Owned Casino Proposal

News Brief: Governor Rod Blagojevich says that the state might consider the idea of a state-owned casino for the first time.

Penn's Rivals Question Illinois Proposal

News Brief: Penn National Gaming's rivals wonder if the fix is in for Penn to manage a state-owned casino, something Governor Blagojevich's office flatly denies.

Penn National Makes Bid on Illinois License

News Brief: Penn National Gaming has offered to pay more than $500 million for a license to open the state's final riverboat, the rights to which are held by the bankrupt Emerald Casino, according to sources.

Billionaire Gives Up Emerald Casino Claim for Settlement

News Brief: A California billionaire who accused Emerald Casino executives of reneging on a handshake deal has agreed to accept $650,000 to walk away from his claim.

Illinois Mob-Controlled Video Gambling Grows

News Brief: There has been a disturbing expansion of mob-controlled video gambling, according to the Cook County sheriff's office.

Illinois Mob-Controlled Video Gambling Grows

News Brief: There has been a disturbing expansion of mob-controlled video gambling, according to the Cook County sheriff's office.

Illinois Official Pleased With Interest in Casino License

The Illinois Gaming Board's chairwoman on Tuesday said she was pleased the state received bids from seven companies vying for the state's unused 10th casino license, now held by the bankrupt Emerald Casino.

Illinois Proposals Roll In

News Brief: Casino operators and communities hurried to get their proposals in for Illinois’ last gaming license before the first formal deadline.

Caesars Entertainment Submits Bid for Chicago Casino

Caesars Entertainment has submitted an updated bid to construct and operate a world-class, Caesars-branded casino in the greater Chicago area.

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