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Old Posted Aug 13, 2019, 6:17 PM
Freefall Freefall is offline
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Join Date: Jun 2016
Location: Chicago
Posts: 173
Quote:
Originally Posted by the urban politician View Post
This is just the beginning of a negotiation.

If I'm a private operator, here and now is the time that I have the most leverage.
This isn't a private operator negotiating. It's a feasibility study done by a third party consultant.

No surprise they basically said what Lightfoot hinted at, the tax structure needs to be rejiggered in the legislature to make it economically feasible.

I also found this interesting:
Quote:
The [$1] per-person admission tax would be divided between Chicago, which would get 70 cents, and the villages of Maywood and Summit, which would each get 15 cents.
There's a $1 tax on anybody who enters the casino, and we're randomly giving away 30% of that to Maywood and Summit? Why? Did their reps sneak that into the bill?
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