Published
CasinoIndustry

Chicago Mayor extends deadline for applications to build casino

Mayor Lori Lightfoot has announced the City of Chicago has given potential bidders an extra two months to evaluate and submit a formal Request for Proposal (RFP) for building a Chicago casino, a few weeks before the original deadline.

chicago

The city originally gave potential casino operators until August 23 to submit plans for the casino project, but the Mayor's office said that the deadline will be pushed back to October 29.

"This extension gives potential bidders more time to fully assess the Chicago casino opportunity, conduct additional due diligence, assemble more competitive bid packages, and explore financing opportunities," the Mayor's office said in a press release.

"This historic casino project stands to expand the economic vibrancy and strength of our city by bringing sustainable, good-paying jobs to residents from underrepresented backgrounds and creating a world-class casino resort that attracts visitors from all over," said Lightfoot.

"Extending the deadline for interested bidders will allow the city to collect as many robust, impactful and transformative proposals as possible. I look forward to seeing these bids roll in and working very closely with whichever team is ultimately chosen to develop Chicago's first-ever casino," he added.

The Mayor's office said that any plans for a Chicago casino complex should include a hotel with a minimum of 500 rooms, restaurants, shops, and entertainment venues.

The potential casino operator will be authorised to build a temporary gaming operation while the permanent facility is being designed and built.


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...