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CHICAGO (CBS/AP)-- Mayor Lori Lightfoot on Tuesday concurred with a brand-new feasibility research study, stating the state statute that authorized online casino gambling in Chicago would make it difficult for a casino site operator to be successful.

" The way in which this tax obligation structure was assembled, it can not be done," Lightfoot stated at a Tuesday mid-day press conference.

Lightfoot's remarks came in reaction to an independent expediency research study commissioned by the Illinois Video Gaming Board. The record ended, and also Lightfoot agreed, that "pc gaming development regulation that enables a casino in the City of Chicago is really onerous from a tax obligation and fee point of view" as well as likely can not be financed under the framework has in mind.

Under the regulation, a Chicago casino site driver would have to pay a $250,000 application fee upfront, a $15 million "settlement" charge when the license is provided and also approximately $120 million in gambling placement costs.

Financial experts have stated the upfront tax settlements installed into the casino law would not enable an online casino driver to be successful.

PRESS OCCASION: Mayor Lightfoot signs up with participants of press. Listen https://t.co/9M0wJO65fP

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

Lightfoot stated she was committed, together with Gov. J.B. Pritzker and also legal leaders, to set a framework for financing a Chicago gambling enterprise "that would really function."

Lightfoot also stressed some positives in the usefulness research study that would profit the state as well as the city, including "the incredible upside capacity of a casino site in Chicago that will certainly dwarf the profits that have been produced by any 카지노주소 various other gambling enterprise in the state by lots of 마이크로밍바카라 sizes. So getting this right remains in everyone's rate of interest-- not just Chicago. This is something that is mosting likely to create-- if it's done right-- considerable profits for the state."

Lightfoot on Tuesday also introduced the results of an initial public survey, in which Chicagoans were asked to provide their preferences for top concerns for the new casino site. Greater than 10,000 homeowners joined the survey-- which considered the suitable area of a gambling enterprise, whether near or much from midtown, near Lake Michigan or the Indiana state line, near mass transit, or where an online casino would be most lucrative.

The biggest percent, at 36 percent, stated the excellent place is near downtown.

Study individuals were likewise asked the most vital consider picking a website for a gambling enterprise, and what amenities they would like to see built with an online casino. Restaurants came in first at 58 percent, followed by theater/live home entertainment at 51 percent, as well as a resort at 41 percent. Reasonably few shared rate of interest in an amusement park, fairway, or gym.

At the same time, a total of 73 percent of participants claimed enhanced tax revenue is the most important benefit of opening a Chicago gambling enterprise, followed by boosted employment at 55 percent.

As to worries concerning opening a casino site in Chicago, boosted traffic congestion came in first at 55 percent, adhered to by gambling addiction at 47 percent.

5 prospective gambling establishment websites were shortlisted previously by the Lightfoot administration-- the former Michael Reese Health center site at 31st Street and also Cottage Grove Method; Pershing Roadway and State Road; Roosevelt Road and Kostner Method; Harborside at 111th Road and the Bishop Ford Freeway; and the former UNITED STATE Steel website at 80th Street and the new Lake Coast Drive.

The expediency research study resolved the possibility of a gambling enterprise at each of those areas.

But Lightfoot said for now, taking care of the tax problem is more important than anything to do with the site. She said all the sites currently on the table have actually been bandied concerning as prospective gambling establishment sites for years.

" There's no location or mix of amenities that makes this deal one that can in fact get financed," the mayor claimed. "That's specifically the factor that we made to the legislative folks that were placing this with each other. As well as now, I assume we have actually got a definitive, independent judgment that makes that clear."