gaming news
reader favorites
casino stocks
>> Vegas Sands $19.59
+$0.25
>> MGM Mirage $11.80
+$0.13
>> Wynn Resorts $71.47
+$0.28
>> Boyd Gaming $8.72
+$0.12
>> Penn National $24.78
+$0.57
Quotes delayed 20 min.
cherry red casino
Play Now!
 

Illinois Careful to Avoid Corruption in Casino Licensing Process

By Lance Burkhart on December 22, 2008  Email it!    Print Version

Play Slots at Rushmore Casino! CHICAGO, ILLINOIS -- The three candidates to receive Illinois' tenth and last casino license were told that the prized license would be awarded to Midwest Gaming, to be used for a riverboat in Des Plaines. Rosemont and Waukegan were the two other cities contending to host the casino.

Of the three surviving bidders, Midwest offered the least cash, bidding $125 million to $225 million for Waukegan Gaming and $435 million for Trilliant Gaming, which wanted to occupy Rosemont. But officials indicated the history in Rosemont, which involved organized crime figures among potential owners of the last casino bid, hurt Trilliant.

Illinois Gaming Board member Charles Gardner put it succinctly. "Rosemont is tainted by reputation." The board carried the measure for Des Plaines with a three-to -one vote. The one voter against, Reverend Eugene Winkler, said all three sites were unacceptable for different reasons.

Illinois lawmakers are being especially careful under the national spotlight drawn by Governor Rod Blagojevich. Blagojevich is implicated in a plan to sell Barack Obama's vacant Senate seat, along with other misuses of power for personal gain. Among the accusations from federal authorities is the charge Blagojevich extorted campaign contributions from the horse racing industry.

Digg it! Stumble it! Add to Reddit! Add to Newsvine!

Previous USA Casino News Articles

Post A Comment

*Name:
*Email:
*Comments:
*Verify:
 
 
 
media extras
news by month
2010
2009
2008
company info
rushmore casino
Click to Play!