Monday, November 1, 2021

5 Sites Proposed for Casino in Chicago, Including Numerous Locations Close to the Sloop

It looks like a Casino in (or very close) to the Sloop is a good bet (via Chicago Tribune):

Developers submitted five proposals to operate casinos in Chicago, bringing the city one step closer to a potential big revenue boost and achieving a goal that has eluded local mayors for decades.

Still, the project will have to clear major hurdles in the coming months as Mayor Lori Lightfoot’s administration sorts through the proposals and picks a winner. It’s not clear where all of the proposed gambling venues would go but experts generally believe a new casino should be in or near downtown.

  • Bally’s Corporation submitted proposals for two sites and would self-manage the facility, according to the city.
  • HR Chicago submitted a proposal for a single site that would be managed by Hard Rock International, according to the city.
  • Rivers Chicago at McCormick submitted a proposal for a single site that would be managed by Rush Street Gaming,
  • Rivers 78 Gaming submitted a proposal for a single site that would also be managed by Rush Street Gaming.
There has been a lot of drama and uncertainty about a Chicago Casino, but we are only mildly surprised that many of the submission include spots in the Sloop.  That said, a Casino in the 78 development is one that would drastically change the dynamics of the neighborhood and one that we're pretty lukewarm on.  There are a ton of residential units in and around that area and just feels off in our opinion.    

Will be interesting to see how the city plays this hand.

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