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The Biz Week That Was: Work begins on Waukegan casino, fierce demand leads to surging home prices

Daily Herald report
Jun 06, 2026 1:27 pm - Waukegan casino breaks ground on new $302M permanent facility Shovels hit the dirt as workers broke ground Wednesday on the permanent site for the American Place Cas...
Video gambling revenue collections continue to grow for local governments

By Jake Griffin
Jun 06, 2026 11:30 am - Municipalities and counties that allow video gambling saw their collective share of revenue generated by the devices grow by more than $7.6 million in 2025.
Waukegan casino breaks ground on new $302M permanent facility

By Madhu Krishnamurthy
Jun 03, 2026 10:20 am - Shovels hit the dirt as workers broke ground Wednesday on the permanent site for the American Place Casino in Waukegan. The new $302 million casino will be erected at 4011 Fountain Square Place, directly east of the temporary facility where it has been operating since February 2023.
South Elgin gas station sells million-dollar ticket

By Rick West
May 06, 2026 11:09 am - A scratch-off ticket purchased on a whim at a South Elgin gas station turned into a $1 million prize for an Illinois Lottery player.
Prediction markets say they’re different from sportsbooks. Gambling addicts say it's all the same

By JAY COHEN and CORA LEWIS
Apr 30, 2026 9:21 am - Clinicians who treat gambling disorders are concerned about their patients turning to prediction markets.
US soldier charged with using classified intel to win $400K Polymarket bet on Maduro raid

By HALLIE GOLDEN, KONSTANTIN TOROPIN and HANNAH SCHOENBAUM
Apr 24, 2026 7:16 am - A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.
State lawmakers move to block towns from imposing taxes on sports betting

By Erika Tulfo
Mar 16, 2026 3:02 pm - Chicago’s steep new tax on sports betting is creating a backlash in Springfield that could lead to new restrictions on whether municipalities should have the power to tax gambling revenue.
Arlington Heights board split on video gambling

By Christopher Placek
Mar 10, 2026 6:56 pm - Arlington Heights village board members deadlocked this week on whether to allow video gambling machines in local restaurants.
McHenry County to charge video gaming terminal fees, require licenses

By Claire O'Brien
Feb 23, 2026 1:29 pm - McHenry County is now requiring a licensing fee for video gaming terminals in the unincorporated parts of the county.
Gamblers placing fewer wagers in Illinois since new tax imposed

By Jake Griffin
Feb 07, 2026 2:00 pm - Gamblers are placing far fewer bets with Illinois sportsbooks since the state imposed a per-bet tax on online wagers last year.

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