Casino
April 26, 2022
Chicago Chinatown Opposes River’s Casino Project in Area
Chicago is keen on adding another casino to the city, with both the mayor and city council thinking the move to be a worthwhile one for the local economy and future prospects. Yet, the place of the venue is debatable as NIMBYs are putting up a fight to keep what they consider a socially-impactful project […]
Casino
April 6, 2022
Chicago Casino Development Concerns Are Discussed in Community Meetings
Mayor Lori Lightfoot has left three front-runners for the multibillion-dollar casino project in Chicago – Bally’s, Rivers, and Hard Rock. The developers behind the bids of these three giants will hold community meetings with residents in South Loop, Near South Side, and River West to discuss all of the concerns. Bally’s is Modifying Its Proposal […]
Sports
March 10, 2022
Leader of an Illegal Chicago Gambling Ring Sentenced to 18 Months in Prison
US District Judge Virginia Kendall sentenced Vincent “Uncle Mick” DelGiudice to 18 months in prison and ordered him to pay massive forfeiture, including a fine of $3.5 million. According to the police, Uncle Mick ran the biggest and most lucrative gambling ring in Chicago’s federal court history. DelGiudice’s Sentence Is Part of a Massive Case […]
Casino
December 16, 2021
Chicago City Council Allows Sportsbooks to Operate Near or at Stadiums
The Chicago City Council approved the plan for sportsbooks to be based in or around the five major stadiums in the city on Wednesday, and thus, the ban on sports betting has been lifted. Even though the council was divided on the issue, sportsbooks will now be able to operate in the vicinity of the […]
Sports
December 7, 2021
Chicago Proposes 2% Extra City Tax on Sports Wagering
Chicago currently taxes gross revenues resulting from sports betting at 2% for Cook County and 15% for the state. The City Council is currently considering adding an extra 2% city tax that would bring the total tax levels collected from sports betting activities in the city to 19%. Mayor Lightfoot Believes the 2% City Tax […]
Casino
November 2, 2021
Chicago Showered with Proposals as Single Casino License for Grabs
The City of Chicago is not lacking suitors when it comes to casino operators. The sole license that is now up for grabs has elicited some strong and determined action from no fewer than five companies that are pushing to secure an entry that would chart a way for their futures in the city and […]
Casino
September 10, 2021
Chicago Gambling Ring Convict Gets a Light Sentence
The Chicago police recently arrested several people with ties to the Vincent DelGiudice gambling ring. With a decision from a federal judge, Matthew Knight – one of the main culprits, got with a light sentence thanks to his clean history and because of his social situation. Matthew Knight’s Final Verdict According to the prosecution, Matthew […]
Legal
July 26, 2021
Chicago Police Officer Learns Fate for Participation in Illegal Sportsbook
A Chicago Police officer has received a 15-month jail sentence from US District Judge Virginia Kendall for his role in an illegal sportsbook operation with ties to Costa Rica. Chicago Police Officer Gets a Jail Sentence On Thursday, Nicholas Stella, a 43-year old police officer from the Chicago police department, received a 15-month jail sentence […]
Industry
July 22, 2021
Chicago Could See Sports Betting If Local Leader Has His Way
Chicago Alderman Walter Burnett has introduced an ordinance that could possibly lift the ban on sports betting in the Windy City. It would allow the city to issue licenses and set revenue parameters, giving Illinois new streams of income. The City Council is set to vote on that ordinance and, if betting on sports becomes […]
Casino
March 11, 2021
RFP for Chicago Mega-casino Expected to Start in April
Following December’s Request for Ideas for a casino-resort in downtown Chicago, the city’s Request for Proposal is expected to start next month. Major gambling industry players have already shown interest in the resort deemed by Chicago Mayor Lori Lightfoot as a “once-in-a-lifetime project”. Downtown Chicago Casino-Resort Gets One Step Closer Although nearly a dozen operators […]