The best choice for the Chicago casino is The 78
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The higher the tax rate, the less the incentive for the operators to invest in the amenities. Illinois casinos have ringed Chicago since the early 1990s. Chicago wants to play this tricky game, lest it be left behind. The best choice for The 78 is The Ritz-Carlton.
The 78 is the most viable site for the Chicago casino. The winner will be chosen by Mayor Lori Lightfoot. Rivers is a proven operator of successful Illinois casinos. It is easy for Chicago to hold accountable in the long term. The casino would be located on 62-acre parcel of former railroad property now owned by Related Midwest. There are plans for an entertainment district nearby. If done right, it could be a tourist-friendly expansion of the Riverwalk project. it is bordered by Roosevelt Road, Clark Street, 16th Street and the South Branch of Chicago River. University of Illinois research center is nearby, but it does not interfere with plans.
The convention business will take several years to recover and a temporary operation in McCormick could be an environmentally friendly stopgap that employs Chicagoans. The building and the parking infrastructure are already there. People should want to go there determined not to gamble at all.
