Chicago Casino is Failing to Attract Big Vegas Operators

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Bally’s Tribune site bid selected for Chicago casino operation

Bally's Corp., a fast-growing Rhode Island gaming company that is in the process of acquiring operations of the Tropicana in Las Vegas, has been selected as the sole licensee of Chicago's planned casino. Chicago Mayor Lori Lightfoot on Thursday announced the $1.7 billion casino resort would be built on the site of the Tribune Publishing Center near…

Covid ・ 06 May 2022

US Bets

Bidders For Chicago Casino Pull Out All The Stops In Public Presentations

Rush Street Gaming is pushing a potentially key advantage - timing - in trying to differentiate itself with two other bidders to build and operate a casino in downtown Chicago. Unlike the other applicants, Rush Street says it can have Chicago's city casino ready to open in 2022 by repurposing the historic Lakeside Center at McCormick Place, rather…

Sports ・ 17 December 2021

Yogonet

Bally's, Hard Rock, Rush Street pitch 5 Chicago casino bids to public; Mayor weighs financial viability

Bally's, Rush Street Gaming and Hard Rock International presented five competing bids for a permanent Chicago casino to the public during a marathon meeting Thursday, attended by Mayor Lori Lightfoot, who said she wants the winner to be financially viable, architecturally stunning and be guided by the principles of inclusion and equity. The major…

Land-based ・ 18 December 2021

CBS Chicago

Lightfoot’s Office Unveils Five Bids For A Chicago Casino; Public Meeting On Proposals Set For Dec. 16

CHICAGO (CBS) - City officials on Friday officially unveiled the five competing bids to run Chicago's casino, as the evaluation process continues with an eye to select a plan to present to the City Council for approval early next year. The city is planning a public meeting next month for bidders to present their plans to the public and take…

Christmas ・ 23 November 2021

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Legit Gambling

Mayor Lightfoot To Review Five Proposals For Chicago Casino Development

Lori Lightfoot, the Mayor of Chicago will be disappointed at some level that the big boys in Vegas did not show interest in submitting a proposal to develop a Chicago casino after Senate Bill 690 was passed. Top operators like MGM Resorts, Las Vegas Sands Corp. and Wynn Resorts declined to send in a proposal to build a Chicago casino as they felt…

Politics ・ 09 November 2021

Chicago Sun Times

Lightfoot sets aggressive timetable for forging ahead on Chicago casino

Mayor Lori Lightfoot said Friday she is "very excited" by the five "well thought out" bids she was dealt last week for a Chicago casino and plans to send a "final list to recommend" to the Illinois Gaming Board "sometime in the first quarter" of next year. With police and fire pension funds hovering dangerously close to insolvency and mounting…

Travel ・ 05 November 2021

Vegas Slots Online

Five Proposals Arrive for Chicago Integrated Casino Resort

HR Chicago has teamed up with Hard Rock International for its proposal, while Rivers Chicago and Rivers 78 Gaming have both proposed a Rush Street Gaming-run project. The remaining two RFPs - and perhaps the headline-stealers - both came from Bally's Corporation. The five proposals from four development groups represent a triumph for Lightfoot's…

Travel ・ 01 November 2021

Yogonet

Chicago receives five casino bids including Bally's, Hard Rock and Rush Street

ive bids have been issued in response to the City of Chicago's request for proposals (RFP) for its first integrated casino-resort, the Mayor's Press Office announced last Friday. The selected proposal will be granted the city's sole casino owner's license. The proposals are the following: Bally's Corporation submitted two proposals for two…

Jobs ・ 01 November 2021

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Planned Chicago integrated resort won’t be developed by a Las Vegas company

The developer of Chicago's first integrated resort won't have a Las Vegas address. Responses to a request for proposals were announced late Friday by the city, the country's third-largest metropolitan area with 9.5 million residents. Five proposals from four different companies were announced. Replies came from: Bally's Corp., which submitted two…

Land-based ・ 30 October 2021

Chicago Sun Times

Five bids submitted for Chicago casino, from Hard Rock, Bally’s and Rush Street Gaming

Mayor Lori Lightfoot's Chicago casino game will be five-card draw. Lightfoot's office on Friday announced the city received five proposals from a total of four development groups looking to build and operate the big-city mega-casino that city officials have been trying to land for decades. After pushing back the original summer bidding deadline - a…

Travel ・ 29 October 2021

CBS Chicago

Bidders Submit Five Proposals For Chicago’s First Casino

CHICAGO (CBS) - After Mayor Lori Lightfoot gave potential bidders an extra two months to submit formal plans for building a Chicago casino, the city has received five proposals from four different bidders, and will now begin the process of choosing who will operate the city's first casino. The mayor opened up the bidding process for the city's…

Jobs ・ 29 October 2021

Yogonet

Chicago not attracting major operators for casino project despite extended RFP deadline

hicago is committed to opening its first casino, but one essential requirement to turn the project into reality seems to be missing: interest from major gaming companies willing to launch operations in the city. Originally, bidders had until August 23 to submit a proposal to develop the long-awaited casino. This later changed once Chicago Mayor…

Travel ・ 26 August 2021

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Illinois News Online

Big Vegas game operators refuse to bet on Chicago casinos

The probability that a Chicago casino will actually be built depends on whether major game operators want to bet on coming to Chicago. It must have been the week when the long-awaited Chicago Casino Project was finally launched. Monday was the first deadline to submit a proposal to develop a proud project, but the city postponed the deadline to the…

Travel ・ 26 August 2021

GGB News

Not Much Love for Chi-Town Casino

Chicago Mayor Lori Lightfoot has extended the bidding for a casino license in the city, hoping to get more action. Participation so far has been underwhelming, and a number of big names have passed. Can the many obstacles to a Windy City casino be overcome? On August 7, Chicago Mayor Lori Lightfoot extended the deadline for casino proposals in the…

Covid ・ 29 August 2021

Review Journal

Chicago’s casino resort plan thwarted by high tax rate, abundant competition

If everything had gone according to plan, we would all be buzzing this week about which company would have the best opportunity to build a casino resort in Chicago. But it hasn't gone according to plan. When Chicago started hearing crickets in response to its request for proposals, the city's leadership hit the brakes and pushed back the deadline…

Travel ・ 22 August 2021

The Nevada Independent

Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Chicago gave potential casino developers…

Sports ・ 11 August 2021

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What's Happening With the Casino-Resort in Chicago?

For more than two years, state officials in Illinois have been working hard to open a new casino-resort in Chicago. Unfortunately, a huge number of issues have kept potential casino operators away. It now appears that the city is extending the deadline for companies to apply for a license to run this property. Today, we'll talk about why this…

NFL ・ 10 August 2021

Vegas Slots Online

Chicago Mayor Extends Casino Bids Deadline to October

While the perception of Chicago's first downtown integrated-resort casino (IRC) might be hugely attractive to Illinois gamblers, the reality of owning and operating one may be a turnoff for potential investors. Evidence of the Illinois city's struggle to drum up interest in the casino project came on August 6, when Mayor Lori Lightfoot extended a…

Politics ・ 09 August 2021

Yogonet

Chicago Mayor extends request for proposals to build its first casino by over 2 months

hicago Mayor Lori E. Lightfoot announced Friday a deadline extension to respond to the casino Request for Proposal (RFP) to Friday, October 29. Originally, bidders had until Aug. 23 to submit a proposal. This new two-month extension gives potential bidders "more time to fully assess the Chicago casino opportunity; conduct additional due diligence;…

Travel ・ 09 August 2021

World Casino News

Casino license application extension for Chicago

The administration of Chicago mayor Lori Lightfoot (pictured) has reportedly given firms potentially keen on operating the giant city's envisioned Las Vegas -style casino resort a further nine weeks to submit their official license applications. According to a Friday report from the Chicago Tribune newspaper, the move comes as the community of some…

Travel ・ 09 August 2021

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Deadline extended for bids to develop casino project in Chicago

Bidders have until Oct. 29 to bid on a Chicago casino project. Chicago Mayor Lori Lightfoot on Friday extended the deadline to respond to the city's request for proposal, giving potential casino bidders "more time to fully assess the Chicago casino opportunity; conduct additional due diligence; assemble more competitive bid packages; and explore…

Jobs ・ 07 August 2021

Chicago Sun Times

Lightfoot pushes back casino application deadline as Caesars, MGM pull out

Mayor Lori Lightfoot on Friday announced she's pushing back the deadline for bids to build a long-sought casino in Chicago as the city looks to lure more developers to the table. Proposals for the mega-casino had been due Aug. 23, but interested parties now have until Oct. 29, giving groups "more time to fully assess" the opportunity and "assemble…

Mobile ・ 07 August 2021

CBS Chicago

Mayor Lori Lightfoot Extends Deadline For Applications To Build Chicago Casino

CHICAGO (CBS) - Mayor Lori Lightfoot is giving potential bidders an extra two months to submit formal plans for building a Chicago casino, just weeks before the original deadline. The city originally gave potential casino operators until Aug. 23 to submit bids for the casino project, but on Friday the mayor's office said that deadline is being…

Jobs ・ 06 August 2021

Urban Matter

Chicago Is Looking to Get Its Very First Casino by 2025

This is one bet by the Chicago administration that has got the attention of the people and business community of the city - the announcement that it was looking to set up the first casino in the city by 2025. The administration did not just make an announcement of intent; it backed it up by issuing a request for proposals (RFP) starting April 22,…

Politics ・ 28 May 2021

Vegas Inc

Las Vegas resort operator interested in proposed Chicago casino

The Chicago skyline is seen from the Museum Campus during a cold weather day in Chicago, Sunday, Feb. 7, 2021. Updated Wednesday, March 10, 2021 | 11:38 a.m. At least one Las Vegas gaming company has expressed interest in operating a proposed casino in Chicago. Wynn Resorts was among several Las Vegas-based companies that responded to a request for…

Travel ・ 07 May 2021