#Churchill Downs

Bristol Herald Courier

Legislation would allow Petersburg casino vote; delay Richmond

Legislation would allow Petersburg to hold a casino referendum. It would also delay Richmond from holding a second vote on a similar issue. The study predicts Petersburg and Richmond casinos could be financially viable. If both casinos were authorized, they would generate $49 million in state tax revenues, $14.9 million for Richmond and $8.8 million local taxes. For Petersburg, it would be 1,700 slot machines, 70 table games and a sportsbook. for a Petersburg-only casino. A larger Richmond casino is forecast to generate more than $249 million annually in net gaming revenue.
Law
Legislation would allow Petersburg casino vote; delay Richmond
Seeking Alpha

Searching for green shoots with Macau casino stocks (OTCMKTS:WYNMF)

Macau daily revenue for the week ending November 13 was 37% higher than the first six days of November. The increase is probably due to mass testing for COVID ended on November 5. GGR remains at about 14% of the 2019 pre-pandemic level. Jefferies' top global picks in the casino sector are MGM Resorts International (MGM) and Churchill Downs (CHDN). Jeffery prefers Galaxy and Sands China. Macau casino stocks are Wynn Resort (WYNN), Wynnl (LVS), Las Vegas Sands (SAS), MGM China (OTCPK:MCHVF) (OWK), SJM Holdings (OTCK)
Finance
SportsBetting
Gambling Insider Gambling Insider 5 days
@G_Insider

DraftKings and Churchill Downs combine for new horseracing deal

CDC Gaming Reports CDC Gaming Reports 5 days
@CDCNewswire

DraftKings enters multi-year agreement with Churchill Downs for pari-mutuel wagering

Focus Gaming News Focus Gaming News 4 days
@FocusGamingNews

@DraftKings to launch DK Horse on #ChurchillDowns platform Churchill Downs’ TwinSpires will provide deposit wagering technology to DraftKings.

@DraftKings to launch DK Horse on #ChurchillDowns platform

Churchill Downs’ TwinSpires will provide deposit wagering technology to DraftKings.
WCPO 9 News

These are the casinos with the loosest slots

Newport and Belterra Park racinos in Cincinnati had similar payout rates on slot machines in 2022. Beltersra is ranked 4 in Greater Cincinnati by paying an average of $90.76 to gamblers for every $100 bet. Sports betting and Turfway Park Racing & Gaming opened in Florence, Ky. Market share leaders Hard Rock Casino downtown, Miami Valley Gaming in Monroe and Hollywood Casino in Lawrenceburg all withstood the challenge. Slot machines will drive most of the revenue for these rivals. WCPO 9 I-Team compiled data from gaming regulators in Ohio, Kentucky and Indiana to see which local casino has the loosest slots and how the Cincinnati market compares to other cities.
Travel
These are the casinos with the loosest slots
Pokerfuse

Hollywood Casino Partners With NetEnt for Online Gaming in PA

Hollywood Casino in Pennsylvania partners with Swedish "digital casino solutions provider" NetEnt to offer its portfolio of games to players within the state. The deal comes after the Pennsylvania Gaming Control Board approved Hollywood's interactive gaming license in October. Netent is the first customer signing for Pennsylvania.
Industry
Wild Casino

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Vegas Slots Online

Churchill, Boyd Complete Major Buyouts, Caesars U-Turns

Churchill Downs Incorporated has completed its acquisition of Peninsula Pacific Entertainment for $2.75bn. The purchase makes CDI the new owner and operator of racetracks and casinos in New York and Virginia, and Hard Rock Hotel & Casino in Sioux City, Iowa.
Land-based
Churchill, Boyd Complete Major Buyouts, Caesars U-Turns
Investor Place

Ranking the 3 Top Casino Stocks to Buy From Best to Worst

Casino stocks have seen a steep drop this year due to record inflation and recessionary fears. The sell-off created multiple opportunities to pick up casino stocks at multi-year lows. The pandemic was a blessing in disguise for some of the leading casino operators across the globe to rethink their business models.
Finance
World Casino News

NetEnt goes live with multiple ops in Michigan

NetEnt goes live with multiple ops in Michigan. The company launched online sports betting and online gaming on Friday. On the same day, NetEnt rolled out its titles with operators in the U.S. state.
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Trib Star

Vigo casino could be ready by December 2023

Bulldozers started moving dirt shortly after a June 21 groundbreaking to start construction of the Queen of Terre Haute Resort Casino. The project is worth $260 million and includes a casino, a 10-story hotel, 1,000 slot machines and 50 table games, and a sportsbook. Construction has been delayed due to issues with supplies and the FAA's review of flight path hazards. It's expected to be completed in December 2023. The 400,00-square foot Queen is the newest casino approved in Indiana. it's forecast to bring $190 million in annual economic impact and create 500 jobs.
Gaming Authorities
US Bets

Illinois Casino And VGT Revenue Bounces Back In February

Illinois casino and VGT revenue increased in February. The state received $11.5 million in casino revenue and $58.6 million from VTGT. Sports wagering revenue for February is not available. The COVID-19 pandemic in early 2021 had a negative impact on the state's gaming revenues.
Finance
Inside Indiana Business

Churchill Downs seeks diverse contractors for Terre Haute casino

Churchill Downs Inc. is looking for minority, female, and disabled veteran-owned businesses to help build the $240 million casino and hotel in Terre Haute. The diversity outreach event will take place next week at the Scott College of Business on the campus of Indiana State University. The project includes a nearly 400,000-square-foot casino building that would include 56,00 square feet of gaming space with 1,200 slots and 50 table games.
Gaming Authorities
Democrat And Chronicle

Del Lago casino in NY a hit with TikTok users, data shows

Del Lago Resort & Casino in Seneca County, New York, is among the most popular casinos in the nation, according to the Online Betting Guide. The list was compiled using TikTok and ranked according the number of views on each casino's hashtag. Del Laga is ranked seventh on the list, topped by the Wynn Casino, Las Vegas.
Top and Best
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Yogonet

Indiana: Tax revenue from gambling breaks the $1B mark in budget year 2022

Indiana's gambling revenue reached $1 billion for the 2022 budget year. The state collected $958.3 million in the previous year, but this figure increased by 8%. The increase was due to an increase in casino revenue, the new Hard Rock Casino in Gary and sports betting. Lottery revenue was the second largest source of tax revenue. Caesars invested $73 million. The total state revenue topped $1000 million for first time since 2012 budget. It was because of higher casino taxes. They brought in more than $800 million a year before.
Finance
Indiana: Tax revenue from gambling breaks the $1B mark in budget year 2022
Gambling News

Everi Expands Beyond Casino Gaming with Venuetize Acquisition

Everi Holdings is expanding beyond the casino gaming industry with the acquisition of Venuetize. Venueetized is a provider of gaming equipment for land-based and digital casinos. The acquisition will be funded from existing cash and is anticipated to close within 30 days subject to customary closing conditions.
Industry
Golden Casino News

Iowa: Churchill Downs Nears Acquisition of Hard Rock Sioux City

Churchill Downs has won the right to buy the Hard Rock Sioux City casino for $2.75 billion. The company intends to maintain the brand and retain all 350 casino employees. Hard Rancheri will continue to honor the agreement between P2E and Missouri River Historical Development. P 2E receives 4.25% of casino revenue from MRDH.
Industry
Iowa: Churchill Downs Nears Acquisition of Hard Rock Sioux City
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Covers

Kambi Group Partners with Oaklawn Racing Casino Resort

Kambi Group will provide sports betting solutions to Oaklawn Casino Racing Resort. The deal replaces the previous agreement with Churchill Downs Incorporated. Oakllawn's mobile app will be launched soon.  Oaklwn has been one of the most trusted brands in Arkansas for more than 100 years. It already has a partnership with Kamb i.
Travel
Kambi Group Partners with Oaklawn Racing Casino Resort
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Gambling Insider

Kambi signs sportsbook deal with Oaklawn Racing Casino Resort

Kambi has signed an agreement with Oaklawn Racing Casino Resort. Kambis will provide its on-property and online sportsbook solutions direct to the premier Thoroughbred racetrack and casino in Arkansas. Oakllawn will continue to offer K Ambadi’s retail sportsbooks within its Oakwawn Casino. The deal replaces the previous agreement to see Kammadi contract direct with the casino for an extended period.
Sports
Kambi signs sportsbook deal with Oaklawn Racing Casino Resort
Indianapolis Business Journal

Terre Haute casino expected to boost local revenue, tourism

Terre Haute, Indiana, is planning a $260 million casino and hotel. The city hopes to generate $10 million in casino tax revenue every year for the next 10 years. Mayor Duke Bennett wants to make the town more accommodating and attractive to investors and visitors. The casino will not ask for any incentives. It will pay its taxes. He wants the city to benefit better than it would from a new factory.
Travel
Terre Haute casino expected to boost local revenue, tourism
Casino Guru

Kambi extends existing deal with Greenwood Gaming

Greenwood Gaming and Kambi Group extend their sportsbook partnership. K Ambi provides leading technology for the operator. Greenwood owns and operates the largest casino gaming complex in Pennsylvania, ParxCasino, and the leading sportsbooks, betPARX. BetPARx is live in 17 US states and is expanding. Kamberi is looking to become the go-to sports betting partner for operators in North America. ParX Casino is famous in the state for being the #1 revenue-generating casino. The venue is located in Bensalem, Bucks County, 20 minutes north of Philadelphia's city center.
Sports
Kambi extends existing deal with Greenwood Gaming
World Casino News

Groundbreaking ceremony held for new Terre Haute casino

Groundbreaking ceremony took place on Tuesday for the Queen of Terre Haute Casino Resort. The venue should be up and running in 18 months. It will offer 500 jobs during construction. As many as 1,000 people will work on the venue. Churchill Downs Inc. plans to spend $260 million to create a casino with 1.000 slots and 50 table games. There will also be a 10-story luxury hotel and five restaurants and bars.
Travel
Groundbreaking ceremony held for new Terre Haute casino
Trib Star

Queen of Terre Haute Casino Resort breaks ground

Queen of Terre Haute Casino Resort breaks ground. The facility will be a 125-room luxury 10-story hotel with a roof top pool/bar/lounge, a sportsbook and five restaurants and bars. It will take 18 months to build and is expected to be open in late 2023. Hiring for the casino will start by the end of the year. The company will invest $260 million into the facility. There will also be 500 jobs. They will use diverse businesses in construction. Their priorities are worksite safety, using diverse business, keeping the project on schedule and quality of work.
Travel
Queen of Terre Haute Casino Resort breaks ground
WTHITV

"It'll bring an economic boost to Terre Haute"...construction on the Terre Haute casino is underway

The Queen of Terre Haute Casino will be located on 4442 East Margaret drive. It will have about 1,000 slot machines, 50-table games, sports wagering, and many restaurants. There will also be a 125-room hotel. The project is expected to be completed in about 18 months. Mayor Bennett says the casino will bring tens of millions of dollars to the community. Bill Carstanjen, CEO of Churchill Downs, is excited about the project.
Gaming Authorities
"It'll bring an economic boost to Terre Haute"...construction on the Terre Haute casino is underway
European Gaming

Gaming Americas Weekly Roundup

Accel Entertainment announced the completion of its acquisition of Century Gaming. HeadsUp Entertainment International has launched “multiple revenue platforms” in six US states and Ontario. Rush Street Interactive is adding its industry-leading online sportsbook to its existing online casino at BetRivers in West Virginia. Win Systems has installed its WIGOS casino management system at the Ocean Gaming Casino in Hampton, New Hampshire. Paramount Commerce has introduced its Instant Bank Transfer payment solution in Canada for iGaming and sports betting operators.
Mobile
Gaming Americas Weekly Roundup
PYMNTS

Bet There'll Be Fewer Online Casinos Next Year?

The 2022 Preakness is being held at Pimlico Race Course on Saturday (May 21). Online sports wagering is exploding. Legal sportsbook is currently allowed in 35 U.S. states and the District of Columbia. FanDuel and DraftKings are competing for a piece of the action. Fanduel CEO Amy Howe believes there is a black market for illegal sports betting.
Sports
Bet There'll Be Fewer Online Casinos Next Year?
Trib Star

Mark Bennett: Pocketbook worries may not diminish turnout at new casino

Inflation and taxes are dominating thoughts and conversations. Both played a central role in the Vigo County primary election last week. Construction could begin this month on the $260-million Churchill Downs Queen of Terre Haute Casino and Resort on Terra Hautes east side. The complex is expected to take 14 months to build and could open in late next year.
Covid
Forbes

IRS Taxes Kentucky Derby Wins, But Can You Deduct Losses?

Rich Strike's Kentucky Derby win made the owner a fortune. The IRS collects 37% of gambling winnings. It's possible to deduct gambling losses only if you itemize your deductions on Schedule A. The amount of losses you deduct can't be more than the amount you reported on your return. There is information on withholding on gambling wins and losses in IRS Publication 505. You must report the full amount on Form 1040. If the payer withholds the payment, you still have to pay tax. iReport.com. For confidential support call the Samaritans on 08457 90 90 10 or visit a local Samaritan branch.
Finance
IRS Taxes Kentucky Derby Wins, But Can You Deduct Losses?
Horse Racing Nation

Kentucky Derby 2022: Las Vegas disagrees about favorite

Epicenter is the favorite for Kentucky Derby 2022 in Las Vegas. The Westgate keeps him at 9-2. At Churchill Downs, Messier is 7-1. Taiba is a narrow second choice at 5-10. The wagering is based on pari-mutuels and the casinos’ fixed odds. There is no Triple Crown sweep this spring. It is first time in three years that Nevada bettors have the full choice of Kentucky derby paris.
Sports
Kentucky Derby 2022: Las Vegas disagrees about favorite
Journal & Topics

Off The Record: Casino Choice In Chicago Could Have Big Effect On Des Plaines

Des Plaines is considering a casino in Chicago. The city is about to choose a preferred operator. One of the bidders is a company controlled by Neil Bluhm, who developed Rivers Casino in Des Plaine. Rivers has been a success since it opened in 2011. Desplaines gets about $10 million a year from the casino. Most of that money goes to the state and 10 South suburbs. Elgin and Aurora casinos saw their income take a hit when Rivers opened. Chicago will probably open a temporary casino and divert money away from Rivers. In two to three years Des plaines will feel the financial pinch created by the opening of a Chicago casino, according to a consultant.
Land-based
Off The Record: Casino Choice In Chicago Could Have Big Effect On Des Plaines
The Central New York Business Journal

Del Lago Resort & Casino’s new owner to be in place by year-end

Churchill Downs Inc. plans to buy Peninsula Pacific Entertainment LLC for nearly $2.5 billion. Del Lago Resort & Casino will be sold to a new owner by the end of 2022. The transaction is dependent on various approvals. CDI owns horse-racing tracks, casinos, and online-wagering platforms. It is most known for operating the Kentucky Derby and the Churchill Downs racetrack.
Gaming Authorities
Del Lago Resort & Casino’s new owner to be in place by year-end
Commercial-News

Danville casino receives preliminary suitability approval

Danville Development LLC's application for a preliminary license for the Golden Nugget Danville Casino has been approved. The construction could start in the next month. It will be a 41,500-square-foot gaming floor with 500 slot machines, 14 table games, two restaurants, a Saltgrass Steakhouse, and a sportsbook. There will also be about 300 jobs. The IGB board still acts on final casino license. 2019 gaming expansion bill included six new casino licenses for Illinois. Danille will get one.
Travel
Danville casino receives preliminary suitability approval
PD Clarion

Churchill Downs bets on new location for Terre Haute casino

Churchill Downs will move its planned Queen of Terre Haute casino from the west side of the city to the east side. The new location is more accessible, part of a growing commercial core and fits in the existing road and infrastructure plans. Queen is slated to open in late 2023 with 1,000 slot machines, 50 table games, a 125-room luxury hotel, sports book, steak house and rooftop bar. Hard Rock Casino Northern Indiana opened in Gary on May 14, 2021. The company that hosts the Kentucky Derby horse race and is majority owner of Rivers Casino in Des Plaines, Illinois, was awarded the license in November.
Gaming Authorities
Finger Lakes Daily News

Churchill Downs Betting on the del Lago Resort & Casino

Churchill Downs Incorporated has purchased Peninsula Pacific Entertainment for $2.5 billion. The del Lago Resort & Casino in Seneca County will be sold. It's the second time the casino in Tyre has been sold since it opened in 2017. The deal also includes the Hard Rock hotel & casino, in Sioux City Iowa.
Gaming Authorities
Churchill Downs Betting on the del Lago Resort & Casino
New Jersey Online Gambling

Churchill Downs Buys Colonial Downs, Gets Casinos in the Bargain

Churchill Downs Incorporated will buy the parent company of Colonial Downs for $2.485 billion. The deal is expected to close by the end of 2022. CDI will fund the deal through a combination of new debt and cash on hand. Some of the cash will come from the sale of land near Calder Casino in Florida.
Land-based
Churchill Downs Buys Colonial Downs, Gets Casinos in the Bargain
The Gazette

Potential Cedar Rapids casino operator sells some assets to Churchill Downs

Potential Cedar Rapids casino operator sells some assets to Churchill Downs Inc. Peninsula Pacific Entertainment is selling its Sioux City casino and other properties to the company. The deal is between Churchill and Peninsula. P2E was founded in 1999 as the holding company for Peninsula Gaming, which owned the Diamond Jo Casino in Dubuque. It was sold in 2012 to Boyd Gaming Corp. in a $1.45 billion deal. Jonathan Swain, president of P 2E, said the deal does not change investors’ plans to secure a gaming license from the Iowa Racing and Gaming Commission to build a casino in Linn County.
Industry
Potential Cedar Rapids casino operator sells some assets to Churchill Downs
SBC Americas

NetEnt and Churchill Downs enter new customer agreement

NetEnt Americas LLC has entered into a new partnership with gaming operator Churchill Downs for the regulated online casino market in New Jersey. The company will deliver its award-winning online casinos games to the operator. Churchill Down Interactive is looking forward to adding Jumanji, Starburst and Gonzo’s Quest to its games.
Games
NetEnt and Churchill Downs enter new customer agreement
WLFI

Terre Haute casino project moving away from sewage plant

Churchill Downs Inc. applied to rezone land for the casino on the city's east side near the Interstate 70-Indiana 46 interchange. The new site is currently farm fields near FedEx and Clabber Girl distribution centers. It would replace the original site off U.S. 41 on Terre Haute's west side. The original location was criticized as an inferior location in a lawsuit. County zoning officials are scheduled to consider the new location during March 2 meetings. Indiana Gaming Commission's board could review the change during its March 8 meeting.
Gaming Authorities
Terre Haute casino project moving away from sewage plant
Indianapolis Business Journal

New site proposed for Terre Haute casino

Churchill Downs Inc. has filed to rezone nearly 50 acres near Interstate 70 and State Road 46 to build the Queen of Terre Haute Resort. The developer of the new casino in Terra Hautes is proposing a new location than what was originally planned. In its original proposal, the company planned to built the casino on 21 acres on the city’s west side near the Hauting City Shopping Mall and the wastewater treatment plant. Many people, including Mayor Duke Bennett and Vigo County Commissioner Chris Switzer, had hoped the project would be built on east side.
Gaming Authorities
New site proposed for Terre Haute casino
About Manchester

Gambling Habits in Different Nations

Gambling industry is one of the most profitable sectors in the world. In 2020, its global revenue exceeded $400 billion. For some regions/nations, gambling is a big contributor to the economy. Nevada, Macau, Hong Kong, and Singapore are examples.
Gambling Addiction
Gambling Habits in Different Nations
The Indiana Lawyer

Lawsuit dropped over awarding of Terre Haute casino license

A lawsuit challenging the selection of a company to build a new Terre Haute casino has been dropped. A casino company objected to the Indiana Gaming Commission's decision to award the license to Louisville, Kentucky-based Churchill Downs Inc. The Terra Hautes project stalled in the past year amid an investigation into allegations of criminal and financial misconduct against top executives.
Law
Lawsuit dropped over awarding of Terre Haute casino license
Chicago Tribune

Casino proposals in Waukegan, south suburbs win initial state approval

Wind Creek Hospitality has plans for a 64,000-square-foot casino in Homewood and East Hazel Crest. Hard Rock Casino Rockford opened last month. Walker’s Bluff Casino Resort in southern Illinois” received initial approval from state regulators this summer. Chicago will choose a casino operator early next year. The six new casinos are designed to generate revenue for the state to pay for construction projects at public schools, state universities and community colleges. The state s $45 billion “Rebuild Illinois" capital plan is aimed at rebuilding the economy.
Gaming Authorities
Casino proposals in Waukegan, south suburbs win initial state approval
Herald Bulletin

No deal yet between Lucy Luck, gaming board

Lucy Luck Gaming Inc. and the Indiana Gaming Commission are still working on a settlement agreement. The hearing was rescheduled to Feb. 17. In November, the Gaming commission approved CDITH LLC's plan to build and operate the Queen of Terre Haute casino. The commission will award the casino owner's license to Churchill Downs Inc., owner of about a dozen casinos and five racing facilities. It will meet on Dec. 21. for a virtual format. For confidential support call the National Suicide Prevention Lifeline at 1-800-273-8255.
Gaming Authorities
The Nevada Independent

Vegas-based Full House Resorts approved for casino resort near Chicago

Full House Resorts won preliminary approval from the Illinois Gaming Control Board to build a casino and hotel complex 40 miles north of downtown Chicago. The company will open a temporary casino in Waukegan by the middle of 2022. It will be followed by a permanent casino, hotel and entertainment complex finished by 2024. Full House also owns Stockman’s Casino in Fallon, Nevada and operates the gaming space at the Hyatt Resort in North Lake Tahoe. Full house raised more than $300 million in new debt earlier this year to help pay for the Colorado project, an expansion at its casino. in Mississippi and the Wausau development.
Travel
Vegas-based Full House Resorts approved for casino resort near Chicago
Yogonet

Delaware Park casino racetrack acquisition by Rubico and Clairvest is completed

Delaware Park casino racetrack acquisition by Rubico and Clairvest is completed. The Rickman family sold the casino and track to a Canadian private equity firm. It is the only casino in New Castle Country and the state's only thoroughbred track. The current asking price for the 12-acre property is $6.45 million. In 2020, the Delaware Park saw about $3.2 million in net gaming revenue. Delaware was the first state to offer live sports betting outside of New Jersey or Nevada. Rickmen sold their other casino, Oceans Down in Maryland, five years ago.
Industry
Delaware Park casino racetrack acquisition by Rubico and Clairvest is completed
Yogonet

Churchill Downs' TwinSpires adds Ainsworth online gaming content via GAN's SuperRGS

Churchill Downs' TwinSpires adds Ainsworth online gaming content via GAN's SuperRGS. GANS has exclusive online rights to seven A insworth games. This is the first deployment of exclusive AInsworth content. iGaming operators in the U.S. will become clients of Super RGS in relatively short order. AINSworth is looking forward to greatly ramping its online slot portfolio and distributing the same with the help of Gans.
Industry
Churchill Downs' TwinSpires adds Ainsworth online gaming content via GAN's SuperRGS
Chicago Tribune

Column: Casino license delay another turkey for Waukegan

The Forest County Potawatomi Community is suing Waukegan over the delay of a casino. The tribe claims the process was rigged to favor the group led by former state Sen. Michael Bond. Wurkegans rejected the first casino bid in 2004 because of the developer's association with a politician. The current suit points the finger at former Mayor Sam Cunningham and his City Council allies. He lost his reelection bid earlier this year. It's alleged that the council members influenced the selection of North Point Casino. They were chosen over Full House Resorts and Rivers Casino Wawkega.
Politics
Column: Casino license delay another turkey for Waukegan
Yogonet

Churchill Downs to sell land near Florida's Calder Casino to Blackstone's real estate brand

Churchill Downs Inc. has signed an agreement to sell 115.7 acres of land near Calder Casino in Miami Gardens, Florida, for $291 million. The company will retain ownership of 54 acres on the current 170-acre parcel of the Calder casino. It also agreed to buy the Arlington International Racecourse in Illinois for a total of 326 acres. The sales come as Churchill is embarking on new major investments and projects. In August, the company announced three major capital investments to transform key areas at the home of Kentucky Derby. This will begin with the Homestretch Club for Kentucky derby in 2022 and culminate with a Paddock area redesign for the 150th running of derby.
Land-based
Churchill Downs to sell land near Florida's Calder Casino to Blackstone's real estate brand
Trib Star

Vigo casino decision coming today

The Indiana Gaming Commission is hearing the proposals from four applicants to open a casino in Vigo County today. The applicants are Hard Rock, Churchill Downs, Full House and Premier Gaming. They have 30 minutes each to present their vision for a Vigo County casino. If the applicants receive four or more votes, they advance to the final round. Then the finalists will make closing statements and commissioners will select the winning applicant by motion and vote.
Gaming Authorities
Vigo casino decision coming today
Gambling Insider

Churchill Downs agrees $291m sale of land near Calder Casino

Link Logistics will buy 115.7 acres of land near Churchill's wholly owned Calder Casino for $291m. The sale is expected to close in the first half of 2022. Churchill will reinvest the proceeds in a replacement property elsewhere. The company also wants to sell a further 15-20 acres for future retail development.
Land-based
Churchill Downs agrees $291m sale of land near Calder Casino
Gaming Intelligence

Four bidders for Indiana casino license in Vigo County

Four bidders remain in the running for the open casino license for Vigo County. Bids received from Churchill Downs Incorporated, Full House Resorts, Hard Rock Casino and Premier Gaming Group and Terre Haute Entertainment Holdings. CDI revealed its proposal for Queen of Terra Hautes on Thursday.
Gaming Authorities
Four bidders for Indiana casino license in Vigo County
Yogonet

Rivers Casino Des Plaines hiring 400 positions for property expansion

Rivers Casino Des Plaines is looking to hire 400 new employees as part of its expansion. The company is offering positions in Food and Beverage, Table Games, Slots, Marketing and other roles. Rivers hosted a job fair on Thursday, November 11 at the Hyatt Rosemont. It is planning to add 250 table game dealers. Rides pay an annualized salary of $55,000 in the first year. The Chicago Tribune recently named Rivers a Top Workplace. In 2022, the casino will open a 78,00 square-foot expansion with 2,300 gaming positions.
Land-based
Rivers Casino Des Plaines hiring 400 positions for property expansion
World Casino News

Job opportunities at Rivers Casino Des Plains

Rivers Casino Des Plaines is looking to hire 400 more employees. The venue is planning a new 78,000 sq ft extension in the spring. It will feature 439 more slots and 260 extra gaming tables.
Land-based
Job opportunities at Rivers Casino Des Plains
Penn Bets

New Gaming Venues Approved, Others Are Fined And Reducing Slots

The Pennsylvania Gaming Control Board fined three casinos for violations of regulations and gave a green light for opening of a mini-casino in Berks County and an OTB race and sportsbook in Chester County. It also approved two casinos’ plans to reduce their number of slot machines and heard one casino outline an intensified program to prevent gamblers from leaving children unattended. October represented a record $89 million month for table games revenue at the brick-and-mortar casinos and $200 million for slots revenue.
Sports
New Gaming Venues Approved, Others Are Fined And Reducing Slots
Chicago Tribune

Chicago has five competing casino bids. Here’s what’s proposed.

Lori Lightfoot is looking at five proposals from three firms vying to run Chicago's casino. She wants to get a finalist to recommend to the Gaming Board by the first quarter of next year. The city needs the casino revenue to help plug its pension funding holes. The Illinois Gaming board will decide whether to award a license to a developer of a Chicago casino, which is one of the most consequential decisions Light foot will face as mayor.
Religion
Chicago has five competing casino bids. Here’s what’s proposed.
Crain's Complete Business

Chicago Mayor Lightfoot reviews casino gambling location options

There are five bids for the development of a Chicago casino. The most intriguing one is from Chicago real estate developer Neil Bluhm. He proposes to turn over the Lakeside Center at the east end of the McCormick Place campus to be renovated. The Metropolitan Pier & Exposition Authority doesn't have the $400 million needed to repair and upgrade the half-century-old structure. It's not about money for city per se, but about location, wider economic development potential and public reaction. There's also the question of whether the Chicago Bears will continue to call Soldier Field home.
Covid
Chicago Mayor Lightfoot reviews casino gambling location options