Chicago City Council committee to begin casino approval process

Chicago City Council committee to begin casino approval process

CHICAGO (TOC) — The approval course of for a Chicago on line casino will take steps ahead Monday as a particular committee of aldermen will focus on the finalist.

Final week, Mayor Lori Lightfoot introduced she chosen the Bally’s Company for the town’s sole on line casino license, beating out two different bids.

The Bally’s On line casino and Lodge is predicted to be constructed within the River West neighborhood on what’s now the Chicago Tribune’s Freedom Middle printing plant close to Chicago Avenue and Halsted Road.

However the mission does not have the inexperienced gentle simply but. The complete Metropolis Council and the Illinois Gaming board have to approve the mission.

WATCH: ‘This can be a milestone’: Mayor Lightfoot proclaims on line casino improvement decide

The town estimates a on line casino will deliver $200 million a 12 months in tax income, which might be earmarked for police and hearth pensions in keeping with officers, however the highway forward to approval might be a bumpy one.

“I would like these line of Illinois license plates which can be queued up going to casinos in Indiana to be coming proper right here,” Mayor Lightfoot mentioned.

Mayor Lori Lightfoot picks Bally’s proposal as alternative for Chicago on line casino

A River North Resident’s Affiliation survey confirmed that almost 80 % of respondents don’t desire it of their again yard.

Some aldermen in close by wards aren’t thrilled concerning the approval course of.

“There have been a variety of indicators throughout this course of that confirmed there was some choice in direction of Bally’s,” Brendan Reilly, forty second Ward alderman, mentioned.

The particular committee has solely met one time and Monday’s digital assembly shall be its second.

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