Mayoral candidate Garry McCarthy vouched for a land-based casino as part of the new expansion plan at O’Hare Airport in a local interview over the Easter weekend.
The feasibility study determined that a Chicago casino would pay an effective tax rate of 72%, while the revised law has an effective tax rate of about 40%. A Chicago casino is allowed to have as many as 4,000 gaming positions, including slots at O’Hare and Midway airports. Located at 3000 South River Road, adjacent to the Tri-State Tollway at the northwest corner of Devon Avenue and River Road, the 140,000-square-foot casino opened in 2011 in Chicago's northwest suburb, minutes from O'Hare Airport and nestled among several luxury hotels, including the Hyatt Rosemont, Courtyard by Marriott Chicago O'Hare, Hampton.
“The issue with a casino in the city, my understanding, was all of the problems it causes in the community. How about we put a casino in O’Hare Airport where now it’s for travelers coming through and it’s not going to affect the community, and anybody who goes there has to go through TSA?”
Already, the City Council approved an $8.5 billion revamp. That includes a new global terminal, new concourses, and 25 percent more gate capacity, reported the Chicago Sun-Times.
View deals for Courtyard by Marriott Chicago O'Hare, including fully refundable rates with free cancellation. Guests praise the quiet location. Rivers Casino is minutes away. WiFi and an airport shuttle are free, and this hotel also features an indoor pool. View deals for Courtyard by Marriott Chicago O'Hare, including fully refundable rates with free cancellation. Guests praise the quiet location. Rivers Casino is minutes away. WiFi and an airport shuttle are free, and this hotel also features an indoor pool.
McCarthy told WBBM-AM radio program, “At Issue,” that a casino could eliminate problems of crime. Additionally, it establishes a controlled area and generates revenue while travelers wait at the gates for their flights.
Current Mayor Rahm Emanuel fired McCarthy, the then-police superintendent, in late 2015. A Chicago-based casino is not out of the question, even from the incumbent.
He suggested in the past for flexibility in casino gambling, predominantly slots, at O’Hare International and Midway airports, according to the Chicago Tribune.
Chicago casino proponents face opposition from existing casino owners and from Springfield. Existing casino owners already see the betting revenue tapering off. Meanwhile, Springfield vetoed gambling expansion packages included a Chicago casino.
Emanuel has hinted at a downtown casinolocation for video gambling in Chicago.
While Rivers Casino is nearby to the airport, McCarthy reiterated that the O’Hare crowd would only bring travelers.
Pat O’Connor, the mayor’s city council floor leader, said a gambling proposal for transients defeats the purpose of enlivening a community’s businesses with the extra traffic. Thus, he said the income won’t be as consistent because there won’t be a crowd.
O’Connor also disputed McCarthy’s position on crime reduction. He added that McCarthy did not entirely think this plan through.
“That becomes a nightmare. … All you need to do is travel in and out of O’Hare on a regular basis and you know that it’s way too crowded to be able to have people sitting around playing cards and dice and blackjack,” O’Connor said to the Chicago Sun-Times.
Illinois currently has 10 casinos. The state also allows video game terminals at over 5,000 bars, restaurants, truck stops, gas stations, and casino cafes across the state.
Rep. Rita Mayfield, D-Waukegan, filed a bill to build a commercial casino with a four-year operator license and as many as 4,000 slot machines and table games (House Bill 5146). The city would create the Chicago Casino Development Authority to oversee the casino.
Mayfield wasn’t confident about moving this bill this year. Dozens of gambling expansion bills for Chicago casino projects have failed over the past two decades. This includes a revised bill with online gambling.
Even so, Mayfield will continue to push for a casino if only for the potential tax revenue. Indiana and Wisconsin currently reap the benefits just next door. Horseshoe Casino Hammond is 20 minutes outside Chicago. Four Winds Casino is in South Bend.
“(Potawatomi Hotel and Casino in Milwaukee, Wisconsin is) running full buses out of my district — taking money out of my district…Indiana is basically siphoning off of Illinois. If we were to open a casino in Chicago we could maintain our revenue, which is what we need. We definitely want a Chicago casino.”
Rivers Casino | |
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Location | Des Plaines, Illinois, United States |
Address | 3000 S River Road |
Opening date | July 18, 2011 |
Casino type | Land-based |
Owner | Churchill Downs Inc. (62%) Rush Street Gaming (38%) |
Website | riverscasino.com/desplaines |
Rivers Casino is a casino in Des Plaines, Illinois, United States, a northern suburb of Chicago. It is minutes away from O'Hare International Airport. Rivers Casino opened on July 18, 2011. It is majority-owned by Churchill Downs Inc., and managed by its minority owner, Rush Street Gaming.
The building sits above a few inches of water in a shallow pit. This was created for the casino to comply with state law, intended to legalize riverboat gambling.[1]
In 2008, the Illinois Gaming Board awarded the state's 10th and last casino license to Midwest Gaming and Entertainment LLC, a group led by Neil Bluhm,[1] to build a 140,000-square-foot (13,000 m2) casino on approximately 21 acres (8.5 ha) adjacent to the Tri-State Tollway at the northwest corner of Devon Avenue and Des Plaines River Road. Des Plaines was awarded the gaming license in 2008. The city approved zoning in early 2010. The casino opened in July 2011 as Rivers Casino.
In 2019, Churchill Downs Inc., which owned the nearby Arlington Park racetrack, purchased a 62 percent stake in the casino from Bluhm and his partners for $407 million.[2][3]