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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.
- ◦Development
- ◦Policy/Gov't