Casino
December 5, 2020
Casino Operators Agree Chicago Mega-Casino Should Go Downtown
Several major casino companies and real estate developers have responded to a request for information by the city of Chicago for input on the planned development of a casino-resort. RFI Yields Important Input for New Mega-Casino On Wednesday, the city of Chicago stated that a total of 11 casino operators and real estate companies have […]
Legal
December 2, 2020
North Shore Butcher Sentenced to Year in Prison over Sports Gambling
A butcher, resident of Highland Park was sentenced to one year in prison for running an illegal sports betting operation. The 63-year-old Domenic Poeta pleaded guilty back in August to filing false tax return and running an illegal betting operation. Besides the prison sentence, the convicted has to repay some $1.4 million in taxes. One […]
Legal
October 21, 2020
Chicago Illegal Gambling Ring Member Gets Home Detention
Eugene “Geno” DelGiudice, a member of an illegal gambling ring in Chicago was sentenced to one-year probation. In the first three months of the sentence, the man will be under home detention. Appearing in front of U.S. District Judge Virginia Kendall, Mr. DelGiudice apologized for the wrongdoing. Prosecutors Charge 10 People Involved in a Gambling […]
Casino
August 28, 2020
Chicago Starts Call for Proposals for Casino in the City
Chicago is now has launched a Request for Information (RFI) to select developers for the upcoming casino in the city. Chicago’s Casino, A Step Closer to Realization The City of Chicago has issued a Request for Information (RFI) asking industry insiders, established casino brands and developers to submit their proposals for a state-of-the-art casino in […]
Business
August 14, 2020
Report: Chicago Casino Improves Odds with Tax Overhaul
A reduction of the tax rate for Chicago Casino from 72% to 40% makes the project more appealing for developers, says a recent report. Chicago Casino More Attractive for Developers Following Tax Reduction A report released earlier this week by the Union Gaming Analytics suggests that the lowered tax rates for Chicago Casino makes the […]