Illinois | World Casino News

Penn National Gaming to acquire Illinois slot route operator

August 1, 2015

Mergers, Acquisitions & Partnerships, Illinois

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

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

Latest Casino and Gambling News, Casino 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

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

Chicago casino obstacles still in place, discussions continue

Sam Mitchell

May 6, 2015

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

Mayor Rahm Emanuel wants to open a casino in Chicago, Illinois. Governor Bruce Rauner is not opposed to the idea according to a post on May 4, 2015. However, there are new and old obstacles that could prevent a...

Rauner appoints Alejandre to Illinois Gaming Board–questions raised

Sam Mitchell

April 27, 2015

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

Illinois news from Sunday April 26, 2015 shows some perceived controversy over Governor Bruce Rauner’s recent decision to appoint Hector Alejandre to the Illinois Gaming Board. Hector Alejandre is an Illinois...

Illinois’ Palatine Village votes against video gambling locations

Sam Mitchell

April 13, 2015

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

Illinois passed a bill in 2012 permitting live video gaming locations to open in the state; however Palatine Village residents did not make a decision on video gambling locations until April 8, 2015. An unoffic...

Waukegan Mayor confident of casino coming to town

Sadonna Price

March 18, 2015

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

Mayor Wayne Motley of Waukegan, Illinois has announced he is confident that the city will soon be able to offer casino gaming, thanks to a recent meeting with the Illinois State Governor. Motley met with Govern...

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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

Chicago casino obstacles still in place, discussions continue

Rauner appoints Alejandre to Illinois Gaming Board–questions raised

Illinois’ Palatine Village votes against video gambling locations

Waukegan Mayor confident of casino coming to town

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