November Gaming Report
The following proposed rules have been submitted to Secretary of State and Joint Committee on Administrative Rules (JCAR): Proposed...
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IN THE NEWS
Andrew Levine
Sep 32 min read
Hard Rock Casino Rockford Opens August 29th
On August 29th, 2024, Hard Rock Casino Rockford opened its doors to the public, with a ceremonial signature of its brand— ‘guitar smash’. Il
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Andrew Levine
Jan 261 min read
Can You 1031 Exchange Into a REIT?
This question has become increasingly popular on our live chat as individuals invested in real estate age and look to transition into...
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Andrew Levine
Sep 19, 20231 min read
A 1031 Exchange is not a “tax loophole” or a “tax dodge.” It is a tax benefit that helps fuel the ec
Presidential candidate Joe Biden recently announced his proposed tax plan, which seeks to fund a $775 billion child and elder care plan...
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Andrew Levine
Sep 15, 20231 min read
1031 Exchange Qualified Intermediary – What does “Qualified” Mean?
1031 Exchange Qualified Intermediary – What does “Qualified” Mean? When a group was asked “According to the IRS, what does ‘Qualified’...
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Andrew Levine
Aug 29, 20231 min read
$250 Million Construction Loan & Sale-Leaseback
(CHICAGO), August 29th, 2023—O’Rourke LLP client 815 Entertainment, LLC (“815”) has entered into a tax-advantaged sale-leaseback...
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Mike Moody
Aug 25, 20231 min read
Walker's Bluff Casino Resort Opens August 25th
(CHICAGO), August 25th, 2023—O’Rourke LLP client Walker’s Bluff Casino Resort has opened to the public as of Friday, August 25 at 12:00...
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O'Rourke Firm
Aug 23, 20231 min read
Illinois Requires Casinos To Individually Consider Job Applicants With Criminal Records
For more than two years, employers in many industries in Illinois have been required by law to give consideration to the full context of...
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O'Rourke Firm
Aug 2, 20231 min read
Sportsbook coming to Hard Rock Casino in Rockford
The Illinois Gaming Board approved a sportsbook at the Hard Rock Casino in Rockford. The casino must comply with IGB rules before sports...
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O'Rourke Firm
Jul 13, 20231 min read
Beaming: Hard Rock Casino Rockford reaches a new milestone
The Hard Rock Casino Rockford next summer will be bustling with activity as thousands of visitors gather to gamble, see a show or grab a...
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O'Rourke Firm
Jul 5, 20231 min read
Aurora City Council finalizes plan for Hollywood Casino move
The City of Aurora finalized plans Tuesday to move the Hollywood Casino from its longtime location on the Fox River to a spot near the...
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O'Rourke Firm
Jun 19, 20231 min read
Illinois Gaming Board gives pre-approval for temporary Chicago casino at Medinah Temple
CHICAGO — The Illinois Gaming Board has approved a motion giving pre-approval to turn the old Medinah Temple location in River North into...
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O'Rourke Firm
Jun 7, 20231 min read
Shinnecock Nation On Track To Open Cannabis Dispensary This Summer
SOUTHAMPTON, NY — A new day is set to dawn for the Shinnecock Nation as the Little Beach Harvest cannabis dispensary readies to open....
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O'Rourke Firm
May 24, 20231 min read
More Than 700 Jobs Posted for New Chicago Casino Project, Bally's Announces
Preparations are underway for Bally’s Casino to open their temporary home in Chicago, and the company has announced it is hiring more...
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O'Rourke Firm
May 8, 20231 min read
Bally’s Reaches Deal To Free Up Permanent Chicago Casino Site
Another crucial step toward an eventual Chicago casino is no longer an outstanding issue. Bally’s has reached a deal to ensure the site...
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O'Rourke Firm
Apr 28, 20231 min read
Construction On Golden Nugget Danville Wrapping Up
Although no opening date has been set, construction on the new Golden Nugget Danville Casino is winding down. Once finished, the newest...
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O'Rourke Firm
Apr 13, 20231 min read
Reps For New Waukegan Casino Excited About Opening And What’s To Come
The Temporary by American Place has been a hit with patrons and that should only amplify once the casino opens all its amenities. The...
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Mike Moody
Apr 10, 20231 min read
PG&E Urges Bankruptcy Court To Change Inverse Condemnation Rule
California utility giant PG&E Corp. asked the bankruptcy court to declare invalid the state’s legal doctrine that holds it responsible...
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O'Rourke Firm
Mar 28, 20231 min read
Investors pitch second horse track, casino for $300M south suburbs project
A team of investors called Greenway Entertainment wants to bring some competition to Hawthorne Race Course in the south suburbs. Greenway...
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O'Rourke Firm
Mar 13, 20231 min read
Illinois Casinos Exceed $115 Million In February Revenue
Illinois casinos drew in more than $115 million in revenue during February. The successful month follows an impressive start to the year...
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