Chicago City Council committee to begin casino approval process

Final week, Mayor Lori Lightfoot introduced she chosen the Bally’s Company for town’s sole on line casino license, beating out two different bids.

The Bally’s On line casino and Lodge is anticipated to be constructed within the River West neighborhood on what’s now the Chicago Tribune’s Freedom Middle printing plant close to Chicago Avenue and Halsted Avenue.

However the undertaking would not have the inexperienced gentle simply but. The complete Metropolis Council and the Illinois Gaming board must approve the undertaking.

WATCH: ‘This can be a milestone’: Mayor Lightfoot pronounces on line casino improvement choose

The town estimates a on line casino will convey $200 million a 12 months in tax income, which might be earmarked for police and fireplace pensions based on officers, however the highway forward to approval may very well be a bumpy one.

“I need these line of Illinois license plates which are queued up going to casinos in Indiana to be coming proper right here,” Mayor Lightfoot stated.

Mayor Lori Lightfoot picks Bally’s proposal as alternative for Chicago on line casino

A River North Resident’s Affiliation survey confirmed that just about 80 p.c of respondents don’t desire it of their again yard.

Some aldermen in close by wards are usually not thrilled in regards to the approval course of.

“There have been plenty of indicators throughout this course of that confirmed there was some desire in direction of Bally’s,” Brendan Reilly, forty second Ward alderman, stated.

The particular committee has solely met one time and Monday’s digital assembly can be its second.