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poker casino royale bondBut predicting revenue is tricky, particularly with the Illinois gaming landscape poised to add new supply.Unpredictable RevenueA Chicago casino could be a moneymaker for the cash-strapped city.A casino could generate “a couple hundred million dollars per year” in receipts for the city, according to Moody’s.xbet casino no deposit bonus 2021While the revamped tax structure for a Chicago integrated resort potentially makes that project more attractive to operators, the industry’s biggest players have been mostly quiet regarding the Windy City.Although credit positive, a casino is not a panacea for Chicago’s budget challenges, because attracting more gamblers is increasingly competitive and the city will need to make additional budgetary adjustments to accommodate growing pension costs of approximately 0 million over the next two years,” said Moody’s.Satellite ProgressLive!paragon casino map

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free games online casino slots videosBut an integrated resort alone won’t generate enough revenue to cover the half-billion dollars in public employee pension expenses the city faces over the next two years.Thousands of Caesars Entertainment employees working in Clark County, Nevada, are being required to undergo a COVID-19 test before July 17.Chicago’s pension costs are forecast to jump to billion in 2022, up from approximately .“State law requires that the city’s share of receipts from a Chicago casino be allocated to the city’s police and fire pension systems,” notes Moody’s.Penn is the largest operator in Illinois.But predicting revenue is tricky, particularly with the Illinois gaming landscape poised to add new supply.coushatta casino resort kinder la