Bidder Proposes Casino To State - 2004-01-30
A shockingly huge bid for the state's dormant 10th casino license could offer the Blagojevich administration a huge cash windfall and unprecedented control of a new casino in suburban Rosemont, several industry sources said Thursday.
Pennsylvania-based Penn National Gaming, which owns the Hollywood Casino in Aurora, has suggested paying over $500 million for a license to launch the state's final riverboat, the rights to, which are held by the bankrupt Emerald Casino, the sources reported.
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