Ready To Rock? IGB Says Not Yet, Will Vote On Hard Rock Casino Rockford In February
A presentation was made by Hard Rock Casino Rockford to the Illinois Gaming Board( IGB ) on Wednesday, and a preliminary suitability andrdquo decision will be made on February 4.
Although it may not be the final approval, it would represent a vital initial step in gaining one. A formal endorsement is necessary before any development can commence.
The 2019 gaming expansion bill permits the construction of six new casinos in Illinois. Yet, the process has been progressing very slowly.
In October 2019, numerous groups submitted their applications, with the IGB anticipated to reach a decision within a year. However, this past October, the IGB postponed making a decision, requesting eight applicants to revise their applications.
Hard Rock was one of those aspirants.
If approved on February 4, one of the largest gaming companies in the US will likely visit Illinois.
What is known about the Hard Rock Casino in Rockford?
A website for Hard Rock Casino Rockford is already up and running. Upon visiting the site, guests are presented with the following information:
The Hard Rock Casino Rockford, potentially boasting 64,000 feet of gaming space, a variety of dining choices, and a live hard rock music venue, is strategically located at the intersection of State Street and I-90. Once operational, the project is set to generate more than 1,000 part-time and full-time jobs and provide the City of Rockford with a minimum yearly gaming revenue of $7 million. I am deeply grateful to the Rockford community for your enthusiasm and support.
According to the website, the casino’s yearly tax revenue is estimated to be between $50 million and $60 million.
The construction was valued at around $310 million.
Officials also stated that a temporary gaming establishment did open approximately 90 days following the final approval, offering only games.
The game has plans to eventually incorporate a 1,600-seat pleasure area. The chosen location seems optimal as the website states that it sees a daily traffic of 65,000 cars.
At the moment, the nearest gambling options to Rockford are the Hollywood Casino Aurora and the Grand Victoria Casino Elgin.
However, both are approximately an hour and a half apart.
Rockford, situated in the northern part of Illinois, is the state’s fifth most populous city, home to approximately 147,000 residents.
Another innovative games, what about them?
Even though the growth in Rockford may soon yield valuable information, other applicants are still waiting.
In addition to Hard Rock, the following organizations also had to modify their software in October:
- Rivers Waukegan Casino & nbsp, CDI – RSG WaUKEgan, LLC( Waukegan License )
- American Place, a Full House Resorts, Inc. holding, has a license in Waukegan.
- North Point Casino and Lakeside Casino, LLC (with Waukegan License)
- Southland LIVE, LLC, also known as Live & nbsp, holds a South Suburban License.
- LLC South Suburban License
- Walker’s Bluff Casino Resort, LLC, Williamson County License.
- Wind Creek, LLC – South Suburban License
Given the large number of candidates for the same position, it’s apparent that the position in Rockford is less complex than in some other areas. License.
The IGB declared on Wednesday at the table conference that Full House Resorts, Inc. needed to resubmit its application.
According to IGB Administrator Marcus Fruchter in October, applications can reasonably expect a decision within six months, which would be around April.
Gambling should be introduced in the future to two more areas which were not previously mentioned, Danville and Chicago.
Golden Nugget will take over the Danville license, while the downtown Chicago casino still has numerous details to sort out, including its location.
The Hard Rock Casino Rockford is currently leading the race to be the next gaming establishment to be built in Illinois. If chosen, it would be the eleventh in the state.
Games in Illinois reopen
Due to a statewide COVID-19 surge in mid-November, Illinois Gov. JB Pritzker had shut down all Illinois casinos. However, as of now, all casinos in Illinois have reopened to different extents.
Below is a list of the top ten financial games in Lincoln County:
Related Posts
Breaking Down The Chicago Bears’ 2023 Schedule
