Quote:
Originally Posted by Mr Downtown
I think McCormick is too remote from the Mag Mile to attract the casual tourist.
Were it up to me, I'd open temporarily in the Medinah Temple building and over the next five years convert the Thompson Center to casino and hotel. Both are well-positioned and need new uses.
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I've been to a casino once (Horseshoe in Indiana just over the border), I can tell you pretty confidently that casino-goers are primarily not casual tourists. I firmly believe the vast majority would be high-money gamblers who can afford to lose a lot of money in one sitting, or gambling addicts who don't mind sitting for 6 hours straight in a windowless room - the Venn diagram between those two groups (gamblers and casual tourists) would show almost no intersection.
I think McCormick is more ideal because of what Tom said, plus the number of large hotels currently there (and any more in the immediate vicinity that may be planned for the future) would be better positioned to incentivize nearby gamblers, if any deal could be reached between McPier and those hotels. Far different crowds than people who would be staying at the Langham, St. Regis, or hell, even the Hilton Garden Inn downtown.