Illinois Gaming Board Picks Full House, Wind Creek to Advance for Casino Projects
The IL Gaming Board (IGB) moved forward Wed on 2 young casinos, picking Full House Resorts and Wind Creek Hospitality as its choices to control gaming facilities inward Waukegan and Chicago’s South Suburbs, respectively.
Wednesday’s votes are non the net activity for either casino, as the IGB approved both developers for preliminary licenses. The room testament still need to okay both for net licensure, a make a motion that requires additional reviews.
Board members selected Las Vegas-based Full House to run on for last thoughtfulness on the Waukegan certify o'er a $452 jillion proposition led past former res publica Sen. Michael Bond and Warner Gaming.
We appreciate the confidence they lay inward us, and we will now commence workings to establish the spectacular American Place and pee the State of Prairie State and the City of Waukegan proud,” Full House Senior Vice President and Chief Development Officer Alex Stolyar told Casino.org.
Wind Creek, which plans a 70,000-square-foot casino stretching 'tween East Hazel Crest and Homewood, sophisticated o'er a design pose send on by officials inward Matteson, who partnered with the Chahta Nation of Oklahoma.
Part of 2019 Expended Gaming Law
Casino licenses were included inwards an expanded gaming bank note res publica lawmakers approved inward 2019. The licenses were sanctioned for Waukegan, which is located near 30 miles northerly of Chicago close the WI res publica line, and Chicago’s due south suburbs. That bank bill also set by licenses for Rockford, Danville, and Williamson County. It also earmarked a cassino certify for Chicago.
The commendation unconscious process for those licenses has been met with delays past the state, and inwards some instances, the communities or projects selected by local leaders.
A temporary casino has opened inward Rockford, where Hard John Rock International will build a permanent facility. type A groundbreaking also took set at the Walker’s Bluff Resort and Casino in downstate Williamson County on Wednesday. An coating for a Golden Nugget Casino managed by Wilmot Gaming in Danville awaits prelude commendation by the IGB.
Next Thursday, representatives for the fin gambling casino proposals for Chicago’s certify will yield presentations to the public and urban center officials. From those five, metropolis leaders next yr will plectron i applier to submit to the IGB for its consideration.
Villas Planned for Luxury Resort inward Waukegan
For Full House, the victory inward IL comes a month after it was edged out next door inwards Indiana by Winston S. Churchill Downs Incorporated to operate a casino inwards Terre Haute.
In Waukegan, Full House has proposed building a resort hotel that would include a 20-villa upscale hotel as part of the number 1 phase, and a 150-room, four-star hotel inward the second.
In a push release, Full House President and CEO Dan Spike Lee said a temporary installation should open up by the midriff of next year, and “completion of our total experience” should take localise inwards 2024. That’s provided it receives net approvals and licensure from the IGB.
Wind Creek Touts Higher Revenue Generation
In the South Suburbs, Wind Creek has proposed a “four-diamond” gambling casino that it has estimated would bring forth $140 one thousand thousand more inwards taxes than the proposed Chahta cassino inward Matteson o'er a 20-year period.
“Throughout this process, we feature reiterated the belief that we offer up the topper location inwards and for the south suburban realm – and testament drive home on our commitments to chore creation, community of interests and economic investment, sustained operating(a) excellence, and a strong allegiance to diversity and comprehension inwards all phases of twist and operation,” said Jay Dorris, Wind Creek Hospitality’s president and CEO, in a statement.
Pending net regulatory approvals, Wind Creek expects to undecided inwards 2023.