Online Casino News

$506M proposal project for state-owned casino - 2004-02-03
Illinois would become the first state to control a casino, under a $506 million proposal submitted by a gambling hall operator.

Penn National Gaming, a publicly held company, is proposing for Illinois' last remaining casino license. It is asking to construct a $255 million casino, sell it to Illinois for $1, and then manage it for the state, a source close to the bidding process reported. Penn is competing against six other companies.
Read the full story at DJC.com

Racino development is looming - 2004-02-03
Thirty million dollars of new investment states the new video lottery terminal operation at Monticello Raceway is the real deal.
So do the world-renowned companies constructing and bankrolling the "racino." Construction is set to start this week, and the launching is scheduled for July.
The harness track stated yesterday that it has generated $30 million to build the slot-machine-like operation that will be named Mighty M Gaming at Monticello.
Read the full story at Record Online