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seven feathers casino update2 million short of its forecast.On Monday, the five-member IGB passed a resolution pushing for lower tax burdens for the proposed Chicago project.The pessimist will say it was the venue’s third-worst operating month in its 12-month history.That’s because creditors would see that the slim profit margins would make it difficult for the borrower to adequately service liabilities related to the project.Bad DealThe proposed tax rate on a Chicago casino is well above current levies on existing Illinois gaming properties.ties.resorts casino new york state