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Decision on Casino Partner for Denville to be Delayed for Discussion

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The State of Illinois is still in dilemma about the Gambling License. The State was to determine the contracts after recently accepting the expansion. The State has already identified issues about the awarding contract and need more betting options, reported the media. As per the officials, the City of Chicago needs to resolve some of the logistical challenges before awarding the contract; on the other hand, the Danville City has some other challenges and questions to answer.

Danville City was all set to announce the project and the name of the license winner was anticipated. However, the city has failed to name the winner for different reasons. It is expected that the name will be announced in the month of October. Ricky Williams, Danville Mayor said that some more details about the services before the decision is made. Some financial documents are still waiting for the final decision to be made. He, however, hinted that the final two candidatures for the license winner have been finalized and both are capable contenders.

The Mayor expects to find the best casino partner for the city. The discussion about the proposals is expected to start from October 1. The outcome of the meeting should help to decide the future casino partner. However, it is unlikely that the decision would be deferred and would not come tomorrow. There would be more documents and official paperwork required for the deal to be closed.

Illinois has recently agreed to expand the gambling throughout the state. Ricky Williams, the Mayor of Denville was one of the persuading forces behind this decision. Denville is now ensuring that all the financial documents are submitted before the final applicant is chosen. After the due diligence, the chosen applicant needs to submit the request to the state. The deadline to submit the application to the State is supposed to be the October 28th. If the deadline is not met, then, the casino opportunity could be lost in Denville. However, more details would be available regarding the same in due course of time.

Source: https://lcb.org/news/illinois-danville-puts-hold-on-decision-for-casino-partner

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About the author

Debopom Sanyal

Debopom Sanyal

Debopom is a web journalist and news enthusiast. He has been writing about world politics, science, health, finance, and technology. An avid sports enthusiast, Debopom has done his Masters in Finance and Bachelors in Engineering.

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