The Illinois Gaming Board has selected a proposal from the combined villages of East Hazel Crest and Homewood that will likely bring a new casino to the southern suburbs.
Last month, a WGN cover story reported how the bidding war was at East Hazel Crest/Homewood and Matteson.
According to the Chicago Tribune, the decision by state gaming regulators does not award a license but sets the stage for further evaluation of the selected proposal. Once the Illinois Gaming Board officially grants the permit, construction is expected to take approximately 18 months.
The proposed Wind Creek casino for Homewood and East Hazel Crest would cost $440 million. The proposal is for a 64,000 square foot casino off Interstate-80 and Halsted Street.
“It will be the best revenue generator. Traffic is heaviest on I-80,” Homewood Village Mayor Rich Hofeld told WGN last month.
The new casino would house 1,300 slot machines and 56 table games.
In addition to the games, the developers would build a 4-star diamond hotel with restaurants, bars and an entertainment center. Casino goers could stay in a 21-story hotel with a rooftop balcony offering views of the Chicago skyline.
The casino would also provide permanent jobs for over 800 people.
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