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Report indicates Illinois gambling revenue declining

September 21, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, North America Casino News, Casino openings, Illinois

A recent legislative report from Illinois’ General Assembly Commission on Government Forecasting and Accountability (COGFA) indicates that gaming expansion in the state may not be the answer to the state’s mone...

Illinois Lottery manager Northstar axed by state after report

Kim M

September 20, 2015

Latest Casino and Gambling News, World Casino News, Lottery, Illinois

Friday the governor’s office announced that an agreement to end Northstar Lottery Group’s contract with the state of Illinois had been reached. Jason Barclay, counsel to Governor Bruce Rauner, has disclosed ...

Aldermen not willing to make payment to casino lobbyist due to lack of performance

Renee Kingsley

September 16, 2015

North America Casino News, Gaming Industry News, Illinois

McGuireWoods Consulting, LLC, a specialized lobbyist firm had been hired by Des Plaines to block gaming expansion proposals in Illinois and also by Rockford, which is pushing for an expansion in gambling. The c...

Rivers Casino in Illinois hit with $2 million fine

Kim M

September 3, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Illinois, Fines, Lawsuits & Litigation

A complaint from the Illinois Gaming Board thrashing the Rivers Casino parent company for its lackadaisical control over gaming promotions and failing to follow internal procedures in the hiring of a security a...

Illinois budget crisis hits lottery winners

Lars Jones

August 31, 2015

Economy/Finance, Lottery, Illinois

The state of Illinois is in the midst of a financial crisis and the government has been operating without a budget since the fiscal year ended on June 30th. Millions of dollars in lottery payouts have ceased wh...

Delkab County and Potawatomi Nation plan for 24 hour electronic bingo hall

Sam Mitchell

August 9, 2015

Latest Casino and Gambling News, Tribal Gaming, Illinois

The Prairie Band of Potawatomi Nation Tribe and Economic Development Committee of DeKalb County, Illinois have decided to go forward with a 24-hour bingo hall. The plan incorporates electronic bingo, which woul...

Penn National Gaming to acquire Illinois slot route operator

Lars Jones

August 1, 2015

Mergers, Acquisitions & Partnerships, Illinois

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Penn National Gaming is acquiring Prairie State Gaming, an Illinois slot machine route operator in an all cash transaction. No purchase price was announced in Friday's statement. The deal will give Penn ownersh...

Illinois cities won’t earn casino tax shares until state budget is set

Sadonna Price

July 30, 2015

Latest Casino and Gambling News, Economy/Finance, Taxation, Illinois

A state spending plan has yet to be approved in the state of Illinois and this fact has now affected the gambling facilities of the state. Cities that play host to a casino will not receive a share of taxes ear...

Illinois Gaming Board reportedly issues gaming licenses to illegal gambling operators

Sadonna Price

July 23, 2015

Latest Casino and Gambling News, Licenses, Illinois

The Chicago Tribune has reported that the state of Illinois has been issuing gaming licenses to individuals with criminal ties as well as a past involving illegal gambling. It was six years ago that lawmakers i...

Caesar’s Bankruptcy hearings move forward as stocks plummet

D. Graham

July 22, 2015

U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Delaware, Bankruptcy, Illinois, Nevada

Caesar’s Entertainment Corporation’s (CEC) stocks took a dramatic 41% fall despite attempts by Marc Rowan of Apollo Global Management LLC to dump billions of dollars of investment debt through bankruptcy of its...

Boston on the mind of Brockton casino proposal supporters

Sam Mitchell

July 1, 2015

Casino proposals, Licenses, Illinois, Massachusetts

Two cities are competing for a casino license to build in southeast Massachusetts. Supporters believe the proposal for Brockton Casino has more potential to bring in consumers. The casino is located close to Bo...

Showboat showdown headed to bankruptcy court–Stockton U seeking millions

Sam Mitchell

May 26, 2015

Latest Casino and Gambling News, Bankruptcy, Illinois

On May 26th 2015, it was reported that the Stockton University is looking to claim damages to the value of as high as $22 million from Caesars Entertainment. This is due to the unfortunate purchase that the sc...

Isle of Capri breaking ground on Bettendorf land casino

Sam Mitchell

May 18, 2015

Casino News, Latest Casino and Gambling News, Casino expansion projects, Illinois, Iowa

Last week plans were declared for a land based casino by the Isle of Capri Casinos Inc. that will cost between $55 million and $60 million. This announcement took place through a ground breaking ceremony in the...

Tourism experts offer testimony on Chicago casino proposal

Sam Mitchell

May 12, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Illinois

Monday, May 11, 2015, Illinois state legislators listened to tourism expert testimony regarding a Chicago casino proposal. Experts stated the casino could provide revenue and draw more tourism to hotels and res...

Slots may turn floundering Illinois race tracks around

Sadonna Price

May 11, 2015

Horse Racing, Latest Casino and Gambling News, Gaming Law & Legislation, Illinois

The gambling industry of Illinois continues to struggle, seeing low attendance and wagering at the horse tracks of the state. Betting is down and horse owners are moving their business to Indiana as well as oth...

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Report indicates Illinois gambling revenue declining

Illinois Lottery manager Northstar axed by state after report

Aldermen not willing to make payment to casino lobbyist due to lack of performance

Rivers Casino in Illinois hit with $2 million fine

Illinois budget crisis hits lottery winners

Delkab County and Potawatomi Nation plan for 24 hour electronic bingo hall

Penn National Gaming to acquire Illinois slot route operator

Illinois cities won’t earn casino tax shares until state budget is set

Illinois Gaming Board reportedly issues gaming licenses to illegal gambling operators

Caesar’s Bankruptcy hearings move forward as stocks plummet

Boston on the mind of Brockton casino proposal supporters

Showboat showdown headed to bankruptcy court–Stockton U seeking millions

Isle of Capri breaking ground on Bettendorf land casino

Tourism experts offer testimony on Chicago casino proposal

Slots may turn floundering Illinois race tracks around

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