Lightfoot Aims for Early 2022 Selection of Chicago Casino Bidder
The Lightfoot administration on Friday released an executive summary of the five proposals to develop and operate Chicago’s first casino resort, with a timeline implying that a selection could be made early next year. Applicants are slated to present their proposals to the public on Dec. 16.
“The caliber of the proposals from Bally’s Corporation, HR Chicago LLC, Rivers Chicago at McCormick LLC and Rivers Gaming LLC are in line with our vision to develop a world-class experience in Chicago that will drive significant economic growth and employment opportunities for our communities,” said Mayor Lori Lightfoot. “Each proposal provides a unique vision for what Chicago’s casino-resort could look like.”
A review committee comprised of city agencies will recommend a winning bidder to Lightfoot, who ultimately will make the determination with City Council approval. Reportedly the mayor wants to make a final recommendation to the Illinois Gaming Board in first-quarter 2022.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).