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CHICAGO (CBS/AP)-- Mayor Lori Lightfoot on Tuesday agreed with a new expediency research study, claiming the state law that authorized gambling enterprise betting in Chicago would certainly make it difficult for a gambling establishment operator to be successful.

" The method which this tax structure was created, it can not be done," Lightfoot stated at a Tuesday afternoon news conference.

Lightfoot's remarks came in action to an 바카라사이트주소 independent feasibility research study commissioned by the Illinois Video Gaming Board. The report concluded, and also Lightfoot concurred, that "video gaming expansion legislation that allows for a casino in the City of Chicago is extremely difficult from a tax and also charge viewpoint" and likely can not be financed under the framework wants.

Under the legislation, a Chicago gambling establishment operator would have to pay a $250,000 application fee upfront, a $15 million "settlement" cost when the license is released and also as much as $120 million in betting setting costs.

Financial experts have claimed the ahead of time tax settlements embedded into the online casino statute would not permit an online casino driver to be effective.

PRESS EVENT: Mayor Lightfoot joins members of press. Tune in https://t.co/9M0wJO65fP

-- Mayor Lori Lightfoot (@chicagosmayor) August 13, 2019

Lightfoot said she was devoted, along with Gov. J.B. Pritzker and also legal leaders, to set a structure for funding a Chicago gambling enterprise "that would in fact work."

Lightfoot also emphasized some positives in the expediency research that would certainly benefit the state along with the city, including "the amazing benefit potential of a gambling establishment in Chicago that will certainly dwarf the profits that have actually been generated by any various other online casino in the state by lots of sizes. So obtaining this right is in everyone's rate of interest-- not just Chicago. This is something that is going to produce-- if it's done right-- significant revenues for the state."

Lightfoot on Tuesday likewise revealed the outcomes of a first public survey, in which Chicagoans were asked to note their choices for leading concerns for the brand-new casino site. Greater than 10,000 homeowners joined the study-- which evaluated the excellent place of a casino, whether near or far from midtown, near Lake Michigan or the Indiana state line, near mass transit, or where a casino site would certainly be most rewarding.

The largest percentage, at 36 percent, stated the perfect place is near midtown.

Survey participants were likewise asked one of the most vital consider selecting a site for a casino, and what features they would like to see developed with a casino. Dining establishments came in initially at 58 percent, adhered to by theater/live entertainment at 51 percent, and a resort at 41 percent. Reasonably few shared rate of interest in a theme park, golf links, or gym.

On the other hand, a total of 73 percent of respondents stated increased tax profits is one of the most essential advantage of opening a Chicago casino 바카라사이트 site, complied with by raised employment at 55 percent.

Regarding problems about opening up a gambling enterprise in Chicago, boosted traffic jam came in first at 55 percent, complied with by gambling addiction at 47 percent.

Five potential casino site websites were shortlisted previously by the Lightfoot management-- the former Michael Reese Hospital website at 31st Street and also Home Grove Opportunity; Pershing Roadway and also State Street; Roosevelt Road and Kostner Method; Harborside at 111th Street as well as the Diocesan Ford Freeway; as well as the previous U.S. Steel site at 80th Street and the brand-new Lake Coast Drive.

The usefulness study resolved the potential of a gambling enterprise at each of those areas.

However Lightfoot stated for now, repairing the tax obligation concern is more important than anything to do with the website. She said all the websites currently on the table have actually been bandied about as prospective casino websites for several years.

" There's no area or combination of features that makes this deal one that can in fact obtain financed," the mayor said. "That's specifically the point that we made to the legislative folks who were putting this with each other. And now, I assume we have actually obtained a clear-cut, independent judgment that makes that clear."