IGB Tabs Finalists For Waukegan, Cook County Casino Licenses

IGB Tabs Finalists For Waukegan, Cook County Casino Licenses

Full House Resorts and Wind Creek are the final two applicants for the casino licenses available in Waukegan and suburban Cook County. The process to get to this point for these two licenses has moved at a slower pace than the other four created by the 2019 gaming expansion bill. The COVID-19 pandemic was one factor. Local laws involving the bidding process that required the IGB to procure a financial analyst to review the finalists also contributed to the more lengthy process. Wurkega's mayor Ann Taylor believes the Illinois Gaming Board made the correct decision.

Walker's Bluff is the second casino to break ground on a site among the six granted a casino license in the 2019 bill. Hard Rock opened a temporary casino in Rockford last month. Danville's application is currently being reviewed by the IGB. Chicago is reviewing five proposals for a downtown venue.  

IGB Administrator Marcus Fruchter has received three applications for the state's three online-only sports wagering licenses. The deadline for applications was Dec. 3. A fourth potential applicant was disqualified because the application was received in an “untimely” fashion at 12:13 a.m. local time on Dec, 4.

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Anticipated opening dates at Full House Resorts’ ongoing developments have slipped by a matter of weeks, as operating results through the year’s second quarter lagged versus prior-year results.

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A temporary Hard Rock gaming facility located within the Virginia city of Bristol has surged towards almost $12m in revenue during its first month of revenue.

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Full House looks forward, not back, in earnings call