The Illinois Gaming Board (IGB) has rejected plans for casinos in Calumet City and Lynwood, leaving only two developers in the running for a casino in Chicago Southland: Homewood and Matteson. Southland Live, which wanted to build a casino on a section of the River Oaks shopping center in Calumet City, and the Ho-Chunk Nation, which wanted to build on land it owns in Lynwood, both had their plans rejected unanimously by the Illinois Gaming Board.
With plans to develop a 64,000-square-foot casino on a 24-acre site, Homewood and East Hazel Crest have teamed up with casino operator Wind Creek Hospitality.
The first phase, which would cost $300 million, would include a casino, an entertainment center, and a 21-story hotel with a rooftop balcony with views of the Chicago skyline.
Windcreek’s presentation introduced a reputable, experienced, and financially sound developer committed to diversity and inclusion – as well as a project that promises to be the best in and for the south suburbs.
“Wind Creek Hospitality will not just build a casino, but truly create a community in the south suburbs – with job creation, community investment and sustained operational excellence, and we were enthused to share that with the Illinois Gaming Board in our presentation today,” said Jay Dorris, president and CEO, PCI Gaming Authority. “We are confident that Wind Creek is the best partner in and for the south suburbs. Our proposed Four-Diamond facility will bring a first-class entertainment destination to the Southland region and maximize profits to generate the most revenue for the state.”