Illinois Casino Update: Gaming Board Approves Plans to Reopen on July 1st

As of June 26th, Illinois has the fourth-most cases of Covid-19 in the country. It shouldn’t come as a huge surprise to find that this state has been extremely hesitant to reopen venues that draw in large crowds. According to a new Illinois casino update from the state’s Gaming Board, however, gambling venues here will be able to reopen on July 1st.Illinois Gambling

It’s fantastic news for the casino companies here. Illinois has been working hard to expand its gambling regulations over the past couple of years. Today, we’re going to look at what state leaders currently have planned for this summer.

Let’s get into it!

Illinois’ Plans to Expand Casino Industry Come to a Halt

Over the past decade, a huge number of states have begun working to expand their current gambling industries. More state leaders seem to recognize the fact that casinos can bring in a huge amount of revenue from taxes. That is certainly the case in Illinois.

As many are aware, Illinois has been working hard to come up with new money-generating strategies. In June of 2019, lawmakers here approved a new Capital Plan that allows for several new casinos to open throughout the state. That includes one in Chicago.

It was great news for gambling fans here. Unfortunately, it’s been a difficult process trying to find a company willing to operate this Chicago casino. Much of that is due to the state’s high tax rate set on this venue.

State officials finally decided to lower this tax rate. Even after doing so, there aren’t many companies jumping at the opportunity to take control of the proposed Chicago casino. As the global pandemic began to spread around the world, the state’s casino plans came to a screeching halt.

Since March, all of the casinos currently operating here were forced to close down. The owners of these venues have been working to come up with reopening plans ever since. It now appears that officials are content with these plans.

Gaming Board Offers Exciting Illinois Casino Update

The past few months have been extremely difficult for the state of Illinois. Rates of Covid-19 have begun to drop here, yet many businesses remain closed down.

Many states around the country have slowly begun to reopen their gaming venues. That includes Nevada, which is slowly bringing Las Vegas back to life. Up until recently, no one really knew when Illinois would decide to revitalize its gaming industry.

We now have an answer. This week, members of the state Gaming Board offered an exciting new Illinois casino update. Casinos and video gaming operators can officially begin operating again at limited capacity on July 1st.

The regulations being set in place here are very similar to the ones seen in other states. That includes strict social distancing measures, stringent hand sanitization, and casinos must operate at no more than 50% capacity. If infection rates continue to drop in this state, some of these restrictions may gradually be lifted.

It comes at an important time for casino companies around the country. Many have lost an incredible amount of revenue over the past three months. Some may even be on the brink of collapse.

As infections begin to rise in certain states, it seems likely that we’ll begin to see casinos close down once again.

More Casinos Are Likely to Shut Down Soon

The land-based casino industry has been hit incredibly hard due to the spread of the novel coronavirus. For months, all brick-and-mortar gambling venues in the state were shut down. Certain states have begun to reopen these properties over the past few weeks.

In some parts of the country, it appears this may have been done a little soon. Arizona, for example, immediately saw its infection rates surge after lifting restrictions. As a result, the state ordered three major casinos here to shut down once again.

Florida has just shattered its own infection record. Over the past 24 hours, more than 9,000 new cases of Covid-19 were recorded here. Most predict that state leaders will call for all casinos to temporarily close.

Infection rates are slowly beginning to creep up in Nevada, as well. As a result, Governor Sisolak announced that wearing masks in public places, including casinos, is now required. Some worry this will damage the state’s already-hurting tourism industry.

The Illinois casino update is exciting for several reasons. Of course, state leaders may be forced to rethink this strategy if it’s proven that casinos contribute to a significant rise in new infections. Make sure to stay tuned for updates on the situation over the next few months.

Do you think it’s time for the casinos in Illinois to reopen? Will this happen on the proposed date of July 1st? Let us know in the comments section below.

Lori Lightfoot Offers an Update on Chicago’s Casino Plans

As June approaches, the US casino industry is slowly getting back on track. More gambling venues are starting to open their doors and revenue is starting to flow in. This week, Mayor Lori Lightfoot offered an update on Chicago’s casino plans.

Lori Lightfoot At Press Conference

Chicago remains one of the worst-hit cities in the United States from the coronavirus. Things have been very slow to open up here. Today, we’re going to discuss when we might see the first casino in Chicago open its doors.

Illinois’ Expanded Casino Plans Are Put On Hold

Illinois isn’t typically thought of as a US gambling hub. Over the past few years, however, lawmakers in this state have begun to see the potential in this industry. Back in June of 2019, state officials approved a new Capital Plan that allows for five new casinos to open up.

That includes a new casino in Chicago. Many politicians here believe that opening a casino in this city will help to boost tourism and bring in a huge amount of revenue. Unfortunately, high tax rates have made it difficult to find a company willing to operate a gambling venue here.

These plans are now being put on hold. As the global pandemic hit, officials in Illinois decided to delay construction on these venues. It’s still not entirely clear where in Chicago this new casino will be constructed.

Not all forms of gambling are completely shut down here, though. In March, lawmakers officially legalized sports betting. Both online and land-based sports wagering options are now available in the state.

Things seem to be improving around the country. As we already mentioned, many states are already opening up their casino industries. This week, the Mayor of Chicago talked more about opening the proposed casino in Chicago.

Mayor Lightfoot Gives An Update On Chicago’s Casino Plans

Many were excited to hear that a casino was being planned for Chicago. Illinois is known for having a large gambling fan base. Despite the trouble finding a company to run this new gaming venue, most felt it would be highly successful.

Mayor Lori Lightfoot recently spoke about building this new casino. She feels that it should become part of a much larger “entertainment complex” built within the city.

“I see this as a large entertainment district — not just the box of a casino. In order for us to maximize this once-in-a-generation opportunity that the General Assembly has given us and to maximize the opportunity for revenue, for jobs, for long-term economic viability of the city and, of course, to address our pension debt, we‘ve got to be thoughtful and intentional about what we’re designing so it’s something that attracts people from all over the world,” she said.  

Lightfoot went further, claiming that she and many other city officials want to see progress made.

“That’s what I see. Chicago is a global city. We need a world-class entertainment district, of which a casino is a part, but not the entirety. So there’s a lot of work that needs to be done between now and then and we’re anxious to get started.”

It was exciting to hear this update on Chicago’s casino plans. Unfortunately, Lightfoot is still unwilling to reveal where this gaming venue will open its doors. We’re likely to hear more about the opening of this casino over the next few weeks.

Nearby States Begin Looking to Reopen Casinos

It’s not entirely clear when the casinos in Illinois will open back up to the public. Covid-19 infection rates remain high in this state. Many lawmakers are beginning to take a closer look at getting the state’s gaming industry running again, though.

Some nearby states have recently announced they plan to reopen their casinos. That includes Missouri. This week, state leaders announced that two casinos in the St. Louis area are scheduled to open up this weekend.

Until Illinois’ casinos open, many gambling fans in this area are likely to play inside these Missouri gaming venues.

Incredibly, the casinos in Las Vegas are scheduled to open up next week. It was a long and difficult road to get these plans approved. Governor Sisolak seems content with the safety measures set in place and is allowing several major casino-resorts to open their doors on June 4th.

Lori Lightfoot has just offered an update on Chicago’s casino plans. She wants to see an entire entertainment center built in this city. When and where this casino-resort will be constructed is still unknown.

Are you excited to see a casino built in Chicago? When do you expect this to happen? Let us know in the comments section below.