Chicago planning to add casino
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Chicago is planning to issue a request for proposals to build a casino resort. Mayor Lori Lightfoot hopes some of the companies responding to the RFP will have Las Vegas addresses. The first casino in Illinois opened in 1991. Illinois legislature modified the state's gaming laws last year. The state’s high tax rates on casinos were seen as a possible detriment to getting applicants for licensing. Nevada”s gaming tax rate is 6.75 percent. Three casino operators responded to Chicago‘s request: MGM Resorts International, Wynn Resort Ltd. and Seminole Tribe“Hard Rock International"
Lightfoot thinks Chicago's demographics would make the project appealing. Chicago is the third-largest metropolitan area in the country and the largest in Midwest. The city welcomed 60 million domestic and 1.5 million international visitors in 2019. More than 3 million working-age adults live within a 50-minute commute to downtown Chicago.
