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EvenBob
EvenBob
Joined: Jul 18, 2010
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May 31st, 2011 at 5:24:09 AM permalink
Bout damn time. This is huge news for us close to Chicago, and more bad news for Vegas...

Casino

"The bill will allow four additional casinos in Illinois and slot machines for racetracks and at Chicago's two airports.
The sponsor, Rep. Lou Lang, a Democrat, has said the legislation would generate $1.5 billion up front in licensing fees, plus $500 million to $1 billion in annual gambling revenues, according to published reports."

Holy crapola.....
"It's not enough to succeed, your friends must fail." Gore Vidal
DJTeddyBear
DJTeddyBear
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May 31st, 2011 at 6:43:40 AM permalink
Airport slots?

Are there currently any airports outside of Nevada that have slots?
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rdw4potus
rdw4potus
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May 31st, 2011 at 7:21:35 AM permalink
4 more casinos? Where are they going to be placed? There are already 7 (soon to be 8) casinos within 50 miles of Chicago. The casinos in Milwaukee, Michigan City (IN) and New Buffalo (MI) are not too far from town, either. I would say that St Louis and the Quad Cities are saturated markets for their size. So, after the Chicago casino, where are the other 3 going? Rockford? Springfield? Champagne/Urbana?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Kayday
Kayday
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May 31st, 2011 at 12:27:01 PM permalink
According to the Tribune, the other casinos would be "in the Lake County community of Park City, an undetermined south suburban location and in Rockford and Danville."
7outlineaway
7outlineaway
Joined: Nov 13, 2009
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May 31st, 2011 at 12:27:58 PM permalink
Quote: EvenBob

Bout damn time. This is huge news for us close to Chicago, and more bad news for Vegas...



The Chicago area already has something like 7 casinos in the metro area, including the Horshehoe right outside the city limits (which runs along the state line south of the lake). And Chicago is still the #2 departure city for visitors to Vegas (after LA). So I don't think this will hurt Vegas much more than it's already hurting. The Indiana casinos already run free shuttles from multiple places in the city, so I think the new properties would mainly take business from each other, especially the farther out properites such as Blue Chip.

Back when I lived there, there was a period of a month or so when Daley campaigned hardcore for a casino in the city, then suddenly it died down. Not sure what was going on there, but given all the other band-aids Daley applied to fix the budget (selling the parking meters, etc) I would have thought he would have followed through a bit harder. Oh well, he's not there anymore, and neither am I, thank goodness.
rdw4potus
rdw4potus
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May 31st, 2011 at 1:00:52 PM permalink
So when the Yahoo article says "The bill will allow four additional casinos in Illinois and slot machines for racetracks and at Chicago's two airports," is that in addition to the Chicago casino? So, it's Park City, Chicago, and the south suburban location? (plus Danville and Rockford)

How is this not overkill?

There are casinos in Milwaukee, Elgin, Aurora, and Joliet (2). A casino is opening in about 2 months in Des Plaines. There are casinos in Hammond, Gary, and East Chicago. There's a casino in Michigan City, and another in New Buffalo. There really needs to be an additional casino in Park City, one in Chicago, and one in the south suburbs?
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
7outlineaway
7outlineaway
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May 31st, 2011 at 1:09:05 PM permalink
Quote: rdw4potus

There are casinos in Milwaukee, Elgin, Aurora, and Joliet (2). A casino is opening in about 2 months in Des Plaines. There are casinos in Hammond, Gary, and East Chicago. There's a casino in Michigan City, and another in New Buffalo. There really needs to be an additional casino in Park City, one in Chicago, and one in the south suburbs?



I can see one in the city, especially a reasonable cab or L ride away from downtown. Best location might be near McCormick Place. Lots of convention goers and other tourists may be inclined to "hit the casino I've heard about". The Horseshoe already gets a lot of business this way. More than that, I agree.
rdw4potus
rdw4potus
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May 31st, 2011 at 1:23:38 PM permalink
Quote: 7outlineaway

I can see one in the city, especially a reasonable cab or L ride away from downtown. Best location might be near McCormick Place. Lots of convention goers and other tourists may be inclined to "hit the casino I've heard about". The Horseshoe already gets a lot of business this way. More than that, I agree.



I think the one in Des Plaines should be about as easy to get to as O'Hare. It's about 9/10ths of a mile north of the Blue Line. So if the casino ran a shuttle, it'd be relatively convenient. I do agree that a casino closer to downtown would be better, but if the market reaches saturation before a downtown casino is sited and permitted...
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
teddys
teddys
Joined: Nov 14, 2009
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May 31st, 2011 at 1:24:20 PM permalink
The problem is the Chicagoland casinos all suck, with the exception of Horseshoe, which is the only one even worth setting foot in. (Yet it doesn't have a hotel).

If they can relax the restrictions on gaming positions, and actually put in a nice hotel and restaurants, I think Chicago city would be a great place for a casino if they can make it the market leader. Hopefully the one in Des Plaines will be a bellweather. If they screw that one up, I don't see much hope for IL.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
woodytyme
woodytyme
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May 31st, 2011 at 2:22:27 PM permalink
Quote: 7outlineaway

The Chicago area already has something like 7 casinos in the metro area, including the Horsehoe right outside the city limits (which runs along the state line south of the lake).



The Horseshoe is actually in Hammond, IN on I-90 right at the state line. Passed it quite a few times but haven't stopped yet.
I am going to win the World Series of Poker!! (someday)

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