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Inside the New Casino Proposals for Crestwood and Calumet City

Officials from the city of Crestwood and Calument City have announced a proposal for a run of games in the southern suburbs. There are already five offers that have been received for the realization of it.

At a council meeting in the city of Calument, game operator Delaware North Gaming has proposed presenting the proposal to carry out the Southland Live Casino at the River Oaks Center on River Oaks Drive and Torrence Avenue; this is a site that is very near Interstate 80/94/294. This to capture the attention of the players of the cities of Indiana and Illinois.

According to Timothy Hughes, who is the project manager, said in a statement that the River Oaks Center had been the economic key to the towns in the southeast. On the other hand, the Southland Live Casino is important and can meet the objective of establishing a casino in a suburban location to favor a minority community.

The casino would have about 150,000 square feet of construction, with an investment of $275 million, in a place with 20 acres, which will be very close to a Macy’s store. It would have a total of 1,235 game stands and a music site, it will have restaurants, and it will also have an 18-story hotel.

With this investment, the most innovative game operator Delaware North believes that it will be able to create around 1,200 construction jobs and some 1,150 full-time and part-time jobs where you can raise $200 million annually and can generate up to $50 million in taxes.

State law always reserves 5% of the gross revenue the casino earns for host communities. Where 3% is divided between the suburbs, which means that $4 million would be for Calument City while $6 million would be for the annexed suburbs annually.

Organizers say they have the support of all neighboring cities like Dolton, Burnham, South Holland, and Lansing. Michelle Markiewicz Qualkinbush, who is the mayor of Calument City, could not be reached for her opinion.

Calument City has been obliged to perform a multiplayer game expansion, which dates back to the 1990s.

The game operator Delaware North Gaming has several casinos in the country, where Jumer's on Rock Island is included. They comment that they could have a temporary place located in a store that is empty at the Carson Pirie Scott shopping center within 90 days after the approval of the Illinois city games meeting.

On the other hand, Crestwood officials have approved the casino offer considering the game board, although they did not want to show their full hand. Bill Graffeo, who is the director of Crestwood Village Services, has commented that the town has partnered with a development association such as Robbins Crestwood Gaming LLC.

According to Graffeo, the partners that make up this association have not wanted to identify with the public. Also, Graffeo has described the development association that is owned by a minority group that has experience in the national game.

Bill Graffeo has commented that the resort and casino they are throwing are $400 million at a 46-acre place on Cal-Sag Road and Cicero Avenue, where casino players would represent the third part of the offers, where you will have swimming pools, picnic areas, and restaurants.

Also, Graffeo commented that this would be an ideal destination for the entire community. Crestwood and Calumet City casinos are engaged and have taken responsibility for the casino in recent years.

On the other hand, Wind Creek Hospitality, which is the gaming and hospitality entity for the Poarch Band of the Creek Indians, has commented that they would like to take this casino to 175th Street and Halsted across the border of East Hazel Crest and Homewood, where Ho-Chunk is forcing Glenwood Dyer Road and at 394 in Lynwood.

Also, the nation of Choctaw that is located in the state of Oklahoma is in search of Harlem Avenue and Lincoln Highway in Matteson, where Mayor James Ford of the City of Country Club Hills has commented that the city could be associated with a developer group and also join the fray.

But he also comments that so far no formal offer has been made in this regard. Everyone must submit applications to the game board in Illinois before the end of the month. After that time, the agency will have one year to grant a casino license to the applicants.

FAQ: Key Insights on New Casino Proposals in Crestwood and Calumet City

What are the proposed locations for the new casinos in Crestwood and Calumet City?

The Southland Live Casino is proposed to be located at the River Oaks Center on River Oaks Drive and Torrence Avenue, near Interstate 80/94/294, strategically positioned to attract players from both Indiana and Illinois. Another significant proposal involves a $400 million resort and casino on a 46-acre site at Cal-Sag Road and Cicero Avenue in Crestwood.

What are the economic implications of the new casino projects?

The proposed Southland Live Casino involves a $275 million investment and is expected to create about 1,200 construction jobs and approximately 1,150 full-time and part-time jobs. It is projected to generate $200 million annually and contribute up to $50 million in taxes. Similarly, the Crestwood proposal is set to spur significant economic activity, promising a substantial boost to the local economies.

How will the local communities benefit financially from these casinos?

State law reserves 5% of the casino's gross revenue for host communities. For the Southland Live Casino, 3% of this allocation will be shared among the suburbs, with Calumet City receiving about $4 million and the annexed suburbs receiving $6 million annually.

What are the main features of the Southland Live Casino?

The Southland Live Casino will span approximately 150,000 square feet with 1,235 gaming stands, a music venue, multiple restaurants, and an 18-story hotel. This extensive setup aims to provide a comprehensive entertainment experience.

What support do these casino proposals have?

Organizers have noted support from all neighboring cities, including Dolton, Burnham, South Holland, and Lansing, indicating a broad base of regional backing for the casino developments.

What is unique about these casinos' development approaches?

Both casino proposals emphasize partnering with and supporting minority communities. The development association involved in the Crestwood casino proposal is minority-owned and has experience in national gaming operations, highlighting a commitment to inclusive economic growth.

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According to Timothy Hughes, who is the project manager, said in a statement that the River Oaks Center had been the economic key to the towns in the southeast. On the other hand, the Southland Live Casino is important and can meet the objective of establishing a casino in a suburban location to favor a minority community.

The casino would have about 150,000 square feet of construction, with an investment of $275 million, in a place with 20 acres, which will be very close to a Macy’s store. It would have a total of 1,235 game stands and a music site, it will have restaurants, and it will also have an 18-story hotel.

With this investment, the most innovative game operator Delaware North believes that it will be able to create around 1,200 construction jobs and some 1,150 full-time and part-time jobs where you can raise $200 million annually and can generate up to $50 million in taxes.

State law always reserves 5% of the gross revenue the casino earns for host communities. Where 3% is divided between the suburbs, which means that $4 million would be for Calument City while $6 million would be for the annexed suburbs annually.

Organizers say they have the support of all neighboring cities like Dolton, Burnham, South Holland, and Lansing. Michelle Markiewicz Qualkinbush, who is the mayor of Calument City, could not be reached for her opinion.

Calument City has been obliged to perform a multiplayer game expansion, which dates back to the 1990s.

The game operator Delaware North Gaming has several casinos in the country, where Jumer's on Rock Island is included. They comment that they could have a temporary place located in a store that is empty at the Carson Pirie Scott shopping center within 90 days after the approval of the Illinois city games meeting.

On the other hand, Crestwood officials have approved the casino offer considering the game board, although they did not want to show their full hand. Bill Graffeo, who is the director of Crestwood Village Services, has commented that the town has partnered with a development association such as Robbins Crestwood Gaming LLC.

According to Graffeo, the partners that make up this association have not wanted to identify with the public. Also, Graffeo has described the development association that is owned by a minority group that has experience in the national game.

Bill Graffeo has commented that the resort and casino they are throwing are $400 million at a 46-acre place on Cal-Sag Road and Cicero Avenue, where casino players would represent the third part of the offers, where you will have swimming pools, picnic areas, and restaurants.

Also, Graffeo commented that this would be an ideal destination for the entire community. Crestwood and Calumet City casinos are engaged and have taken responsibility for the casino in recent years.

On the other hand, Wind Creek Hospitality, which is the gaming and hospitality entity for the Poarch Band of the Creek Indians, has commented that they would like to take this casino to 175th Street and Halsted across the border of East Hazel Crest and Homewood, where Ho-Chunk is forcing Glenwood Dyer Road and at 394 in Lynwood.

Also, the nation of Choctaw that is located in the state of Oklahoma is in search of Harlem Avenue and Lincoln Highway in Matteson, where Mayor James Ford of the City of Country Club Hills has commented that the city could be associated with a developer group and also join the fray.

But he also comments that so far no formal offer has been made in this regard. Everyone must submit applications to the game board in Illinois before the end of the month. After that time, the agency will have one year to grant a casino license to the applicants.

FAQ: Key Insights on New Casino Proposals in Crestwood and Calumet City

What are the proposed locations for the new casinos in Crestwood and Calumet City?

The Southland Live Casino is proposed to be located at the River Oaks Center on River Oaks Drive and Torrence Avenue, near Interstate 80/94/294, strategically positioned to attract players from both Indiana and Illinois. Another significant proposal involves a $400 million resort and casino on a 46-acre site at Cal-Sag Road and Cicero Avenue in Crestwood.

What are the economic implications of the new casino projects?

The proposed Southland Live Casino involves a $275 million investment and is expected to create about 1,200 construction jobs and approximately 1,150 full-time and part-time jobs. It is projected to generate $200 million annually and contribute up to $50 million in taxes. Similarly, the Crestwood proposal is set to spur significant economic activity, promising a substantial boost to the local economies.

How will the local communities benefit financially from these casinos?

State law reserves 5% of the casino's gross revenue for host communities. For the Southland Live Casino, 3% of this allocation will be shared among the suburbs, with Calumet City receiving about $4 million and the annexed suburbs receiving $6 million annually.

What are the main features of the Southland Live Casino?

The Southland Live Casino will span approximately 150,000 square feet with 1,235 gaming stands, a music venue, multiple restaurants, and an 18-story hotel. This extensive setup aims to provide a comprehensive entertainment experience.

What support do these casino proposals have?

Organizers have noted support from all neighboring cities, including Dolton, Burnham, South Holland, and Lansing, indicating a broad base of regional backing for the casino developments.

What is unique about these casinos' development approaches?

Both casino proposals emphasize partnering with and supporting minority communities. The development association involved in the Crestwood casino proposal is minority-owned and has experience in national gaming operations, highlighting a commitment to inclusive economic growth.