Here are the five proposals: Bally’s Tribune Publishing Center Planīally’s Corporation has two proposals.

“All of the proposals truly value Chicago assets.” “Here are five great proposals that are all well over $1 billion worth of development, which will be highly stimulative to our economy,” Deputy Mayor for Economic Development Samir Mayekar said. The ability to have Chicago’s only casino license will also be financial windfall to the winner, but top city officials sought to sell it as an equal win for Chicagoans and local neighborhoods during a conference call with reporters Friday morning. Rivers Chicago at McCormick would use the 2,900 rooms already available at McCormick Place.Ĭonstruction of a casino will mean thousands of jobs and the gambling will result in millions in tax revenue to shore up the city’s underfunded police and fire pension obligations, city leaders said.

The five casinos are being proposed for the Chicago Tribune printing site, the old Michael Reese site, near McCormick Place, at the One Central development near Solider Field and in the The 78 megadevelopment along the south branch of the Chicago River.Įach of the proposals, except the Rivers Chicago at McCormick proposed by billionaire Neil Bluhm, would include a new hotel. CHICAGO - City officials unveiled the five finalist casino proposals Friday, giving Chicagoans a first look at what the city’s first casino could look like.

Casinos in chicago area