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

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Bally’s, Rush Street, Hard Rock on Chicago Casino Shortlist

Chicago Mayor Lori Lightfoot has whittled down the list of proposals in the race to build the city's first casino. The mayor announced on Tuesday that she has selected three plans from the five bids, including proposals from Bally's Corporation, Rush Street Gaming, and Hard Rock International. Each of the finalists has its own proposed development…

Law ・ 23 March 2022

WTTW

Chicago’s Casino Won’t Be Built at McCormick Place, Officials Announce As 3 Finalists Unveiled

Officials have whittled down the five proposals submitted by three firms to build a casino and resort in Chicago to eliminate both proposals that would have built the gambling palace at McCormick Place, city leaders announced Tuesday. That leaves all three firms that bid for the long-awaited Chicago casino still in the running to build and operate…

Land-based ・ 22 March 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

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Chicago Sun Times

5 Chicago casino developers make public presentations

Breathtaking skyline views, luxury suites, thousands of slot machines - and even an "Eiffel Tower for Chicago." A full house of casino developers put it all on the table Wednesday in the latest round of Chicago's long game to open a big-city gambling mecca, making their pitches in the first round of public presentations to win Mayor Lori…

Land-based ・ 17 December 2021

Chicago Sun Times

Handicapping Mayor Lori Lightfoot’s picks for the Chicago casino

As city officials dig into the five competing proposals for a new Chicago casino, they will walk into a squall of numbers and promises. The cost estimates for each mega-complex range from $1.3 billion to $2 billion. Most foresee hundreds of hotel rooms, and some tantalize decision-makers with talk of advance payments to city coffers if awarded the…

Land-based ・ 23 November 2021

Block Club Chicago

Here's What Chicago's Casino Could Look Like

CHICAGO - City officials unveiled the five finalist casino proposals Friday, giving Chicagoans a first look at what the city's first casino could look like. The five casinos are being proposed for the Chicago Tribune printing site, the old Michael Reese site, near McCormick Place, at the One Central development near Solider Field and in the The…

Sports ・ 06 December 2021

Chicago Tribune

Chicago casino site could be selected in ‘early 2022’

Chicago officials Friday laid out a process of community input and quick City Council approval of Mayor Lori Lightfoot's preferred casino plan, saying all five bids are on equal footing despite community opposition to one and questions about state financing for another. Lightfoot plans to select the operator and location of a Chicago casino in…

Land-based ・ 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

Chicago Sun Times

McCormick Place Lakeside Center eyed for Chicago casino in one of two Bluhm-backed bids

McCormick Place's Lakeside Center would become the "gem" of a south lakefront entertainment district under a proposal to transform the 50-year-old structure into Chicago's mega-casino. A group of developers who are already behind a $4 billion redevelopment of the former Michael Reese Hospital site near Bronzeville said Wednesday they're ready to go…

Land-based ・ 04 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

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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

Sports Handle

City of Chicago Receives Five Bids For Downtown Casino License

As poker hands go, the city of Chicago was dealt a promising opener for suitors to build a downtown casino: two pairs and a wild card. The city announced Friday it had received five bids in response to its Request for Proposals (RFP) issued in April. The deadline was originally established in August, but extended earlier in the summer to allow…

Land-based ・ 30 October 2021

WTTW

3 Firms Bid to Build a Casino-Resort in Chicago: Officials

Three firms want to build a casino and resort in Chicago, Mayor Lori Lightfoot's office announced Friday. Rush Street Gaming, led by Chicago billionaire and Rivers Casino Des Plaines operator Neil Bluhm, submitted two separate bids - one for a casino and resort at McCormick Place and the other south of the Loop on vacant land between the South Loop…

Industry ・ 30 October 2021

NBC Chicago

5 Proposals Submitted for Chicago’s First Casino Resort

Chicago became one step closer to bringing slots to the Windy City Friday as it received five proposals from developers seeking to building Chicago's first casino resort. Proposals were initially supposed to be due in August, but Mayor Lori Lightfoot announced an extension to Friday, giving potential bidders more time to assess the opportunity. The…

Travel ・ 29 October 2021

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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

Crain's Complete Business

Chicago casino bids: These investors are likely to make a pitch

At a time when she really could use some good news, Mayor Lori Lightfoot stands to have one of the best days of her tenure on Oct. 29. That's when bids are due for the long proposed Chicago casino-centerpiece of city efforts to pay off hundreds of millions of dollars in old pension debt-and it looks she may just roll boxcars. But while the overall…

Finance ・ 22 October 2021

Vegas Slots Online

Chicago Casino is Failing to Attract Big Vegas Operators

Major Las Vegas casino operators do not appear to be interested in developing the first-ever casino in downtown Chicago. Companies originally had until August 23 to submit proposals for this project, a deadline Mayor Lori Lightfoot has extended to October 29. The Las Vegas Strip's four biggest operators - Wynn Resorts, Las Vegas Sands, Caesars…

Travel ・ 26 August 2021

Crain's Complete Business

Neil Bluhm mulls bid for Chicago casino amid a changing gambling industry

Neil Bluhm, the longtime king of legalized gambling in Illinois, isn't much of a gambler. While he might hit the craps tables every few years in Las Vegas, his big bets, he says, are "when I try to do one of these deals." Bluhm means the bidding for Chicago's first casino. His Rush Street Gaming is widely considered by industry insiders to be the…

Industry ・ 18 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

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

Chicago Sun Times

Chicago casino too risky for some industry players

Casino operators, accustomed to having an edge, are having trouble finding one in Chicago's request for proposals to build a first-class gambling complex that would prop up its police and fire pension funds. Four large gambling companies expressed an interest in Chicago's plans late last year. But two have since folded their hands. A third…

Industry ・ 27 July 2021