Gov. JB Pritzker joined hundreds of people from
across southern Illinois on Friday to celebrate the opening of the
state’s 14th casino on a rural estate just outside of Carterville.The
Walker’s Bluff Casino Resort is the fourth casino to open in recent
years that was authorized by a 2019 gambling expansion law that was a
centerpiece of Pritzker’s first term. It features 650 slot machines and
table games, a hotel, restaurants, a full-service spa, and a 1,200-seat
event center. It is expected to employ about 300 people.
“Hospitality,
jobs, economic development – that is what today's announcement
represents,” Pritzker said. “When I proposed that we pass a casino
gaming bill a few years ago, this is what I had envisioned.”
The
2019 law amending the Illinois Gambling Act authorized six new casinos,
including the one in Carterville, four “racinos” – combination horse
racetracks and casinos – online and retail sports betting and expanded
video gambling.Proceeds from the gambling expansion were earmarked, in part, to provide
funding for Rebuild Illinois, the state’s multi-year capital
improvement program to repair and build new roads, bridges and
government buildings across the state. The transportation-related
portions of the capital improvement program is also supported by
increases in the motor fuel tax and licensing fees.
Each casino is required to contribute one-time
fees within 30 days of opening to the Rebuild Illinois fund. For
Walker’s Bluff Casino Resort, that amounts to $25.3 million, according
to the Illinois Gaming Board. Pritzker said the state has already
committed Rebuild Illinois funding to numerous projects throughout the
southern Illinois region, such as for new buildings at Southern Illinois
University Carbondale and John A. Logan College in Carterville.
The
$147 million project in southern Illinois has been in the making for
years, an effort spurred by Cynde Bunch and her late husband David, who
opened an upscale restaurant and general store by the same name in 2008
on land that had been in Cynde’s family for generations. Elite Casino
Resorts LLC is the majority owner and operator of the casino and resort,
although Cynde is a partial owner as well.
The ribbon-cutting on Friday follows the openings
of the Hard Rock Casino in Rockford in November 2021 and the American
Place Casino in Waukegan in February 2022, both in upstate Illinois, as
well as the Golden Nugget in central Illinois’ Danville in June. The
Rockford and Waukegan casinos opened in temporary facilities.
The
state’s land-based casinos are already attracting visitors. Last month,
just shy of 150,000 people visited the three casinos, representing 15.6
percent of all visitors to the state’s 13 casinos, according to data
from the Illinois Gaming Board.These casino visitors bring in millions of dollars to the state and to
local governments each month. In July, casinos allocated $38.3 million
for taxes on admissions and gambling – with $30.7 million set aside for
the state and $7.6 million for local governments.
The state portion of this money is separate from
Rebuild Illinois infrastructure spending and pays for costs at the
gaming board, with any excesses being used for educational spending.
There
are two more land-based casinos set to open in the coming years.
Perhaps the most high-profile casino is the $1.7 billion Bally’s
development in Chicago’s River West neighborhood. The Rhode Island-based
company operates more than a dozen other casinos around the country,
including a riverboat casino in the Quad Cities.
Ahead of the resort’s opening, Bally’s is set to
open a temporary operation in the Medinah Temple in Chicago’s River
North neighborhood. The state’s gaming board has preliminarily deemed it
suitable and is expected to conduct inspections in the first week of
September, meaning the temporary casino could be open as early as the
following week.
The sixth casino is slated to
open in 2025 in the south suburban Chicago villages of Homewood and East
Hazel Crest near the Indiana border.
The 2019
gambling law represented the largest expansion of casino operations in
Illinois in decades. It authorized the Illinois Gaming Board to issue up
to 10 new casino permits, including for the four “racinos,” doubling
the number of potential licensees.
However, none of the planned racetrack-casino
combos have come to fruition to date. Plans for two of them were
abandoned. The operators of tracks in Collinsville in the Metro East and
Cicero near Chicago have preliminary approval to add casinos but have
yet to do so.
The recent expansion of gambling
is the first major change to Illinois’ casino industry since 1990, when
the Illinois legislature legalized riverboat gambling. It was only the
second state to do so – behind Iowa – though numerous states along the
Mississippi River followed suit. The first riverboat casino opened in
Alton in 1991. Nine others later opened, spanning from Metropolis at the
state’s southern border near Kentucky, to the Chicago suburbs.
That
original law only authorized riverboat casinos. For years, they were
required to traverse the waterways during gambling sessions. A change in
law in 1999 allowed the riverboats to remain docked and most of them
eventually stopped setting sail.