Capitol Fax.com - Your Illinois News Radar » Color me skeptical
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
Color me skeptical

Thursday, Dec 13, 2018 - Posted by Rich Miller

* Tribune

Mayor Rahm Emanuel on Wednesday floated a port district site on the Far Southeast Side as the possible location for a Chicago casino, if state lawmakers finally grant the city the long-sought gambling palace.

In a meeting with the Chicago Tribune Editorial Board, Emanuel noted his “love-hate” relationship with the idea of a casino but said if the city finally builds one it should be away from the Loop and McCormick Place. Instead, he said it should bring economic development to an area of the city that needs it, before floating an Illinois International Port District site near Pullman as “an example.”

The land, just off the 111th Street exit on the Bishop Ford Freeway, currently is home to the Harborside International golf course with some harbor operations and terminals nearby on Lake Calumet. The port district that owns the land is a joint city-state entity.

“If you go down to the port authority where the golf course is, there’s enough land there for both a hotel and a casino,” Emanuel said. “That would be a big boon economically to the Southeast Side of the city.”

That area really does need some investments, but when have casinos ever helped a neighborhood to thrive? They suck people inside and do everything they can to keep them there until the customers have no money. Hey, I’m not anti-gambling. It’s a free country. But let’s not kid ourselves here.

Remember when East St. Louis lost its city hall in a lawsuit? The Casino Queen was supposed to help revitalize the town. It did pump money into the local government and has provided some jobs, but the casino didn’t do much for economic development otherwise. Alton is no different. Same with Atlantic City.

So, color me skeptical.

If a goodly chunk of the revenues from the casino is dedicated to local reinvestment, then maybe. Perhaps they can use some cash to build a high-end golf/gambling resort or something. Aurora’s Paramount Theater is one example of a casino helping an area.

But Emanuel wants casino revenues directed to the city’s pension funds. I don’t think that simply plopping down a casino will do much for the region. We’ll see.

       

34 Comments
  1. - Wow - Thursday, Dec 13, 18 @ 10:36 am:

    7 years too late by da Mare… the casino needs to be no more than a 10 min cab ride from downtown hotels. CHICAGO needs a world class casino that takes dollars from the visitor/ tourists that fill 23,000 hotel rooms each night.


  2. - mauislick - Thursday, Dec 13, 18 @ 10:39 am:

    Horseshoe Casino is 6.7 miles away from Harborside. Does Rahm really think there is untapped casino revenue so close to other Indiana casinos? With the idea of economic development and pension revenue, there seems to be some fantasizing going on.


  3. - City Zen - Thursday, Dec 13, 18 @ 10:41 am:

    The casino needs to be where the tourists are. It’s too close to the one in East Chicago yet not close enough to create a gambling destination.

    Extend the CTA into the SE side so those folks can have access to the jobs a downtown casino offers.


  4. - Anon324 - Thursday, Dec 13, 18 @ 10:41 am:

    I thought part of the point of a Chicago casino was to capture convention attendee dollars in and around McCormick Place (as well as other out-of-towners in and around the Loop). I get the attractiveness of a development project, but I agree with you, the idea a casino will fit that bill doesn’t add up. Plus Horseshoe Hammond is basically right there…


  5. - Just Me 2 - Thursday, Dec 13, 18 @ 10:44 am:

    Mmmmmmm…..the East Peoria casino did a lot for that community.


  6. - OneMan - Thursday, Dec 13, 18 @ 10:47 am:

    If the thought was to catch people to take business away from the Indiana boats it might make sense. But as the primary/only location. Seems like kind of a bad idea.


  7. - Six Degrees of Separation - Thursday, Dec 13, 18 @ 10:47 am:

    ===Extend the CTA into the SE side so those folks can have access to the jobs a downtown casino offers.===

    The already-planned Red Line extension will pretty much do that, although it swings a little west of that 111th and Pullman development. And the South Shore and Metra Electric already serve southeast neighborhoods like Pullman and Hegewisch.

    https://www.transitchicago.com/redeis/preferred-alignment/


  8. - Cheryl44 - Thursday, Dec 13, 18 @ 10:49 am:

    If we’re getting a casino, it needs to be where the tourists go already.


  9. - NoGifts - Thursday, Dec 13, 18 @ 10:50 am:

    I still think the Thompson Center would be a good location. Interesting building close to hotels and the subway from the airport. It already has a food court. :)


  10. - @misterjayem - Thursday, Dec 13, 18 @ 11:01 am:

    Every decision regarding a Chicago casino should be made with the express intention of separating out-of-towners from as much of their money as possible.

    The proposed location fails that threshold test.

    – MrJM


  11. - 47th Ward - Thursday, Dec 13, 18 @ 11:05 am:

    Casinos are not economic engines they are economic vacuum cleaners. Let’s not kid ourselves.

    Having said that, Chicago should be encouraging the development of a sports book centered entertainment complex, possibly in proximity to McCormick Place. Think of a giant wall of televisions, where thousands of people can gather to watch games, eat and drink. If they do it right, and quickly, it could be a tourist draw to bring in visitors/revenue that we might not otherwise get in Chicago.

    That’s the kind of gaming development I’d like to see.


  12. - Blue Dog Dem - Thursday, Dec 13, 18 @ 11:07 am:

    Wont be long and Illinois will have a port district for every tug i the state.


  13. - Pundent - Thursday, Dec 13, 18 @ 11:10 am:

    I agree with the Thompson Center as a viable location. With rare exceptions casinos don’t revitalize neighborhoods. Look no further than East Chicago if you need evidence of that. If the city wants to maximize their take they need to prioritize around convenience and customer density. Thompson has the infrastructure with the CTA terminal and central loop location.


  14. - Steve - Thursday, Dec 13, 18 @ 11:16 am:

    It would be better placed near McCormick Place.


  15. - Anon - Thursday, Dec 13, 18 @ 11:28 am:

    ===That area really does need some investments, but when have casinos ever helped a neighborhood to thrive?===

    Research has consistently shown that they’re a net economic/net social negative. Especially when the profits flow out of the community. While the do generate tax revenue, it’s still a net social negative.

    But, like so many things in Illinois Government it is really hard for our elected officials to avoid trying to come up with one magic bullet or another to try to avoid addressing the budgetary sins of the past by raising taxes.


  16. - Anonymous - Thursday, Dec 13, 18 @ 11:31 am:

    Rosemont would be a good place for it.


  17. - supplied_demand - Thursday, Dec 13, 18 @ 11:37 am:

    “when have casinos ever helped a neighborhood to thrive?”

    “Aurora’s Paramount Theater is one example of a casino helping an area.”

    Anyone else confused?


  18. - Amalia - Thursday, Dec 13, 18 @ 11:43 am:

    There’s a very nice golf course down that way. But the Port Authority is an entity that deserves a wider look and not because I think it is a good idea to put a casino down there. weird stuff. why not more than one casino?


  19. - wordslinger - Thursday, Dec 13, 18 @ 11:59 am:

    Where did that come from? I thought a hotel/casino was the reason for the DePaul arena at McCormick Place. Big shows at the arena, hotel and casino next door.

    I can’t see the demand for a hotel with a southeast side casino. It would be local day-trippers gambling. Don’t see many heads-in-beds for overnight stays.

    Emanuel sure is a busy and chatty lil’ lame duck these days. Perhaps someone should remind him that his clout is gone.


  20. - Da Big Bad Wolf - Thursday, Dec 13, 18 @ 12:05 pm:

    The area has potential. There is the natural beauty of the lake, and all those bridges and shipyards. Transportation has to be a part of the deal. Plus, if the city doesn’t give the casino a liquor license, the casino might have to share the wealth.


  21. - Lucky Pierre - Thursday, Dec 13, 18 @ 12:08 pm:

    The concept sounds a lot like the very successful Mystic Lakes Hotel, Casino and golf course located in Prior Lake MN 25-30 miles southwest of the Twin Cities.

    It is an Indian reservation and it is extremely busy even in the dead of winter.

    http://mysticlake.com


  22. - Lucky Pierre - Thursday, Dec 13, 18 @ 12:15 pm:

    Take a trip up to Minneapolis sometime. Mystic Lakes Casino is a golf/hotel/casino/entertainment complex 25- 30 minutes southwest of the Twin Cities in Prior Lake MN.

    It is very successful despite being quite a ways from the airport and downtown.

    http://www.mysticlake.com/en/shows-and-events


  23. - A Jack - Thursday, Dec 13, 18 @ 1:08 pm:

    A casino should be located in Chicago’s financial district. Its in a good location between Union Station and the lake front. Several big banks are moving out of that area so there will be vacancies. And the remaining financial types might enjoy dropping a few dollars on their lunch hour or entertaining out of town business clients at a casino. A tourist is not going to be traveling to the south side to visit a casino. Tourists go to Chicago for the loop area, Grant Park, and the Magnificent Mile.


  24. - Rich Miller - Thursday, Dec 13, 18 @ 1:12 pm:

    LP, I would like to personally thank you for engaging on an issue outside of your usual lane. Please do more of this.


  25. - wondering - Thursday, Dec 13, 18 @ 1:12 pm:

    Aurora’s Paramount and its rehab predates Hollywood Casino. It was developed by the City, paid for by the Aurora Downtown Development Commission, a city creation and entity. Not a marketing major but not convinced that the casino helps nor hinders the Paramount. Seems like two different types of support patrons.


  26. - 47th Ward - Thursday, Dec 13, 18 @ 1:45 pm:

    ===A casino should be located in Chicago’s financial district.===

    You ever been to the Board of Trade? That’s the biggest casino this side of Wall Street.


  27. - Lucky Pierre - Thursday, Dec 13, 18 @ 1:45 pm:

    Will do Rich


  28. - Anonymous - Thursday, Dec 13, 18 @ 2:49 pm:

    Is the IPI now in the casino location business? Because they did so much for the State of Illinois.


  29. - Anonymous - Thursday, Dec 13, 18 @ 3:21 pm:

    Why not the old Reese site adjacent to McCormick Place? I’m not super keen on a casino right in the Loop but it seems like that would be an alright location where conventioneers are already located.


  30. - Scenic Decay - Thursday, Dec 13, 18 @ 3:51 pm:

    A suggestion that I haven’t heard is the former Michael Reese campus, aka the Olympic Village that never was. The City already owns the land (and is still paying for it) and it’s close to McCormick. Build there with a community benefits agreement to hire a certain percentage of employees from within the neighborhood and you’ve got a lot of benefits with few drawbacks.


  31. - Commonsense171 - Thursday, Dec 13, 18 @ 4:10 pm:

    The proposed location is ridiculous. There is a perfectly good location at McCormick Place East. Loads of parking, easily accessible, huge open floor space, has a theatre and restaurant spots near hotels convention and public transportation. Right now it is a white elephant and could be up and running in 90 days. This smells like some kind of payoff to someone


  32. - Da Big Bad Wolf - Thursday, Dec 13, 18 @ 4:40 pm:

    The Lakeside Center at McCormick Place is hardly a white elephant.


  33. - Enviro - Thursday, Dec 13, 18 @ 5:30 pm:

    Casinos tax revenues are a regressive tax on poor and minority groups. Those who are wealthy and/or educated visit casinos less often and buy fewer lottery tickets than poor people do. We do not need a casino or more gambling in Chicago.


  34. - wordslinger - Thursday, Dec 13, 18 @ 5:49 pm:

    –The Lakeside Center at McCormick Place is hardly a white elephant.–

    It really is. Very old by industry standards, high maintenance costs, gets low-rent events plus overflow from the biggies.

    Emanuel tried to get Lucas to tear it down for the Star Wars museum. McPier would love to tear it down and replace it. Will take a lot of money.

    https://www.chicagobusiness.com/article/20170422/ISSUE01/170429953/mcpier-sets-sights-on-lakeside-center-overhaul


Sorry, comments for this post are now closed.


* Showcasing The Retailers Who Make Illinois Work
* Reader comments closed for the holidays
* And the winners are…
* SUBSCRIBERS ONLY - Update to previous editions
* Isabel’s afternoon roundup
* Report: Far-right Illinois billionaires may have skirted immigration rules
* Question of the day: Golden Horseshoe Awards (Updated)
* Energy Storage Brings Cheaper Electricity, Greater Reliability
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Selected press releases (Live updates)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
December 2024
November 2024
October 2024
September 2024
August 2024
July 2024
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller