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Illinois: Court rejects perhaps final challenge to Waukegan casino plans

Illinois: Court rejects perhaps final challenge to Waukegan casino plans

After spending nearly six years in six courts, the legal battle between the Forest County Potawatomi Community of Wisconsin and the city of Waukegan is likely over after the U.S. Court of Appeals for the Seventh Circuit put an end to the last pending case.Starting in 2019, the Waukegan City Council

35like·0comment02-20
Analyst touts Accel Entertainment potential acquisitions in 2025

Analyst touts Accel Entertainment potential acquisitions in 2025

Accel Entertainment has received a Buy rating from Wall Street, citing its strong balance sheet, purchase of Fairmount Holdings, and the potential for more acquisitions.The Fairmount deal that closed in December enabled Accel to acquire FanDuel Sportsbook & Horseracing for $35 million, payable a

26like·0comment01-05
Illinois: Peoria takes first steps to secure land-based casino as Boyd Gaming considers expansion

Illinois: Peoria takes first steps to secure land-based casino as Boyd Gaming considers expansion

Peoria, Illinois is positioning itself as the host for a potential land-based casino, should Boyd Gaming move forward with plans to expand its operations in the region. The city is set to hire financial and legal experts to assist in negotiations and strategy development regarding Boyd Gaming’s Par-

23like·0comment2024-12-11
Illinois generated $2 billion in tax revenue from gamblers in the last fiscal year

Illinois generated $2 billion in tax revenue from gamblers in the last fiscal year

Gamblers in Illinois added more than $2 billion in tax revenue to the state’s coffers during the last fiscal year.The most recent “Wagering in Illinois” update from the Illinois legislature’s Commission on Government Forecasting and Accountability also shows gambling tax revenue crossed the $2 billi

33like·0comment2024-12-09
Illinois: Accel completes acquisition of FanDuel Sportsbook & Racetrack owner Fairmount Holdings

Illinois: Accel completes acquisition of FanDuel Sportsbook & Racetrack owner Fairmount Holdings

Accel Entertainment has finalized its acquisition of Fairmount Holdings, the owner of the FanDuel Sportsbook & Racetrack in Collinsville, Illinois.The $3.45 million stock-based transaction expands Accel’s presence in the local gaming market, incorporating Illinois’ only horse racing venue near t

33like·0comment2024-12-04
Accel Entertainment 3Q24 highlights closures due to tax increases

Accel Entertainment 3Q24 highlights closures due to tax increases

CEO Andy Rubenstain said that Accel Entertainment’s 2024 third quarter, with reported revenue of $302.2 million and adjusted EBITDA of $45.9 million, along with income of $4.9 million, was “proof of the resiliency of our convenient local-gaming offering.”During Wednesday’s investor’s call, Rubenstei

0like·0comment2024-10-31
Illinois: New Hollywood Casino Aurora on track for 2026 opening, Mayor applauds progress

Illinois: New Hollywood Casino Aurora on track for 2026 opening, Mayor applauds progress

Aurora Mayor Richard Irvin praised the construction progress of the new Hollywood Casino Aurora, marking the occasion with high praise for the project’s timely development. "This progress is amazing," Irvin said Tuesday, while addressing laborers, construction executives, and city officials. The $36

0like·0comment2024-10-23
Hard Rock Rockford debuts new permanent casino in Illinois generating $13.7M in adjusted gross revenue in September

Hard Rock Rockford debuts new permanent casino in Illinois generating $13.7M in adjusted gross revenue in September

Hard Rock Rockford had a significant debut at its new permanent casino, jumping from ninth to second in Illinois in both gaming revenue and visitors during its first full month. The entertainment complex generated $13.7 million in adjusted gross receipts and drew more than 157,000 visitors for Septe

0like·0comment2024-10-10
Hard Rock Rockford opens new casino with big month, jumping to #2 in Illinois revenue

Hard Rock Rockford opens new casino with big month, jumping to #2 in Illinois revenue

Hard Rock Rockford had a huge debut at its new permanent casino, jumping from ninth to second in Illinois in both gaming revenue and visitors during its first full month.The sprawling entertainment complex generated $13.7 million in adjusted gross receipts and drew more than 157,000 visitors for Sep

0like·0comment2024-10-09

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