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CHICAGO (CBS/AP)-- Mayor Lori Lightfoot on Tuesday agreed with a new feasibility research, claiming the state law that licensed casino gambling in Chicago would make it difficult for a gambling enterprise driver to be successful.
" The method which this tax structure was created, it can not be done," Lightfoot stated at a Tuesday mid-day press conference.
Lightfoot's remarks came in feedback to an independent expediency research study commissioned by the Illinois Pc Gaming Board. The report wrapped up, and also Lightfoot agreed, that "video gaming expansion regulations that enables a gambling enterprise in the City of Chicago is very burdensome from a tax obligation and also cost point of view" and also likely can not be funded under the framework wants.
Under the legislation, a Chicago online casino operator would need to pay a $250,000 application charge upfront, a $15 million "reconciliation" charge when the license is provided and as much as $120 million in betting placement costs.
Economists have stated the in advance tax settlements installed right into the gambling establishment law wouldn't allow for a casino site operator to be successful.
PRESS OCCASION: Mayor Lightfoot joins members of press. Listen https://t.co/9M0wJO65fP
-- Mayor Lori Lightfoot (@chicagosmayor) August 13, 2019
Lightfoot said she was dedicated, along with Gov. J.B. Pritzker and legislative leaders, to agree upon a framework for financing a Chicago gambling enterprise "that would actually function."
Lightfoot likewise stressed some positives in the feasibility study that would benefit the state as well as the city, consisting of "the amazing advantage possibility of a gambling enterprise in Chicago that will certainly tower over the revenues that have actually been created by any various other casino site in the state by numerous sizes. So obtaining this right is in everybody's passion-- not simply Chicago. This is something that is going to generate-- if it's done right-- substantial profits for the state."
Lightfoot on Tuesday also introduced the results of an initial public survey, in which Chicagoans were asked to list their choices for top concerns for 카지노강추 the new gambling enterprise. Greater than 10,000 citizens took part in the survey-- which evaluated the perfect place of a casino site, whether near or much from downtown, near Lake Michigan or the Indiana state line, near public transport, or where a gambling enterprise would certainly be most rewarding.
The largest percent, at 36 percent, said the perfect place is near midtown.
Survey participants were also asked one of the most vital factors in choosing a website for a gambling establishment, as well as what services they would love to see built with a casino site. Dining establishments came in first at 58 percent, adhered to by theater/live entertainment at 51 percent, as well as a hotel at 41 percent. Fairly couple of revealed interest in an amusement park, golf course, or gym.
On the other hand, a total of 73 percent of respondents stated raised tax profits is the most vital benefit of opening up a Chicago casino, followed by boosted work at 55 percent.
As to issues about opening a gambling establishment in Chicago, increased traffic congestion came in first at 55 percent, followed by gambling dependency at 47 percent.
Five potential casino site websites were shortlisted earlier by the Lightfoot management-- the previous Michael Reese Health center site at 31st Road and also Cottage Grove Avenue; Pershing Roadway as well as State Street; Roosevelt Roadway and also Kostner Avenue; Harborside at 111th Road and the Bishop Ford Highway; as well as the previous UNITED STATE Steel site at 80th Road as well as the new Lake Coast Drive.
The feasibility research study resolved the possibility of a gambling establishment at each of those places.
Yet Lightfoot stated in the meantime, repairing the tax problem is more vital than anything to do with the site. She stated all the sites now on the table 인터넷카지노 have actually been bandied regarding as potential gambling establishment websites for years.
" There's no area or combination of facilities that makes this deal one that can in fact get financed," the mayor claimed. "That's exactly the factor that we made to the legal people that were putting this with each other. As well as currently, I think we've got a conclusive, independent judgment that makes that clear."