By Eva Ivanova

Legal

Chicago Police Officer Learns Fate for Participation in Illegal Sportsbook

July 26, 2021

A Chicago Police officer has received a 15-month jail sentence from US District Judge Virginia Kendall for his role in an illegal sportsbook operation with ties to Costa Rica. Chicago Police Officer Gets a Jail Sentence On Thursday, Nicholas Stella, a 43-year old police officer from the Chicago police department, received a 15-month jail sentence […]

By Filip Mishevski

Industry

Chicago Could See Sports Betting If Local Leader Has His Way

July 22, 2021

Chicago Alderman Walter Burnett has introduced an ordinance that could possibly lift the ban on sports betting in the Windy City. It would allow the city to issue licenses and set revenue parameters, giving Illinois new streams of income. The City Council is set to vote on that ordinance and, if betting on sports becomes […]

By Jerome García

Casino

RFP for Chicago Mega-casino Expected to Start in April

March 11, 2021

Following December’s Request for Ideas for a casino-resort in downtown Chicago, the city’s Request for Proposal is expected to start next month. Major gambling industry players have already shown interest in the resort deemed by Chicago Mayor Lori Lightfoot as a “once-in-a-lifetime project”. Downtown Chicago Casino-Resort Gets One Step Closer Although nearly a dozen operators […]

By Melanie Porter

Casino

Casino Operators Agree Chicago Mega-Casino Should Go Downtown

December 5, 2020

Several major casino companies and real estate developers have responded to a request for information by the city of Chicago for input on the planned development of a casino-resort. RFI Yields Important Input for New Mega-Casino On Wednesday, the city of Chicago stated that a total of 11 casino operators and real estate companies have […]

By Jerome García

Legal

North Shore Butcher Sentenced to Year in Prison over Sports Gambling

December 2, 2020

A butcher, resident of Highland Park was sentenced to one year in prison for running an illegal sports betting operation. The 63-year-old Domenic Poeta pleaded guilty back in August to filing false tax return and running an illegal betting operation. Besides the prison sentence, the convicted has to repay some $1.4 million in taxes. One […]

By Melanie Porter

Legal

Chicago Illegal Gambling Ring Member Gets Home Detention

October 21, 2020

Eugene “Geno” DelGiudice, a member of an illegal gambling ring in Chicago was sentenced to one-year probation. In the first three months of the sentence, the man will be under home detention. Appearing in front of U.S. District Judge Virginia Kendall, Mr. DelGiudice apologized for the wrongdoing. Prosecutors Charge 10 People Involved in a Gambling […]

By Jerome García

Casino

Chicago Starts Call for Proposals for Casino in the City

August 28, 2020

Chicago is now has launched a Request for Information (RFI) to select developers for the upcoming casino in the city. Chicago’s Casino, A Step Closer to Realization The City of Chicago has issued a Request for Information (RFI) asking industry insiders, established casino brands and developers to submit their proposals for a state-of-the-art casino in […]

By Mike Johnson

Business

Report: Chicago Casino Improves Odds with Tax Overhaul

August 14, 2020

A reduction of the tax rate for Chicago Casino from 72% to 40% makes the project more appealing for developers, says a recent report. Chicago Casino More Attractive for Developers Following Tax Reduction A report released earlier this week by the Union Gaming Analytics suggests that the lowered tax rates for Chicago Casino makes the […]