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sunset station casino eventsThat’s due to a 38.7 percent privilege tax to fund first responder pensions that was tacked on top of a 33.3 percent levy on gross gaming revenue.Last year, city officials successfully got lawmakers in Springfield to fix the issue. The primary driver for the extension is concern that only one proposal – coming from Chicago-based Rush Street Gaming and its development partner, Related Midwest – may be submitted.Such a scenario could raise suspicions, the article continued, as the daughter of Rush Street Gaming Chairman Neil Bluhm has been a prominent fundraiser and supporter for Chicago Mayor Lori Lightfoot.Sources told the business publication that there’s likely one more unnamed company that will submit a proposal and that three other entities are considering the opportunity, but would need additional time.But without knowing the (identity) of that prospect and the three new firms, it’s impossible to know how real the competition is, or whether a delay is just designed to provide political cover for an eventual Bluhm/Related pick,” Crain’s political blogger Greg Hinz wrote.If Rush Street ends up landing the casino, Hinz reported that it would be built on land currently being developed by Related Midwest at the intersection of West Roosevelt Road and South Clark Street, less than a mile due west from the Fielcasino gambling uwhod Museum, Shedd Aquarium, and Soldier Field.The city published the RFP on April 22. In addition, the company’s Hard Rock Casino Rockford will open a temporary venue in the northern Illinois town in October.Submitting a response to last year’s RFI was not a prerequisicasino gambling uwhote to bidding.Tax Issue Already Pushed Back Casino ProjectSo, why is Chicago’s casino process – to borrow a word from Halkyard – complicated? Taxes.A feasibility study found that the effective tax rate for a casino would be a whopping 72 percent. (Image: CNBC)The Harrah’s operator earned 34 cents a share on revenue of .5 billion, beating Wall Street estimates by 32 cents and million, respectively. Caesars CEO Tom Reeg in a May interview with CNBC. The primary driver for the extension is concern that only one proposal – coming from Chicago-based Rush Street Gaming and its development partner, Related Midwest – may be submitted.Such a scenario could raise suspicions, the article continued, as the daughter of Rush Street Gaming Chairman Neil Bluhm has been a prominent fundraiser and supporter for Chicago Mayor Lori Lightfoot.Sources told the business publication that there’s likely one more unnamed company that will submit a proposal and that three other entities are considering the opportunity, but would need additional time.But without knowing the (identity) of that prospect and the three new firms, it’s impossible to know how real the competition is, or whether a delay is just designed to provide political cover for an eventual Bluhm/Related pick,” Crain’s political blogger Greg Hinz wrote.If Rush Street ends up landing the casino, Hinz reported that it would be built on land currently being developed by Related Midwest at the intersection of West Roosevelt Road and South Clark Street, less than a mile due west from the Fielcasino gambling uwhod Museum, Shedd Aquarium, and Soldier Field.The city published the RFP on April 22. silver oak casino 100 no deposit 2021