Proposal prices increasing at gaming board's casino auction - 2004-03-10
Three companies looking to purchase Illinois' 10th casino license hiked their proposals during an auction Wednesday put on by the Illinois Gaming Board.
Harrah's, which bid $375 million prior to the auction, intends to build a casino, a hotel and restaurants in Waukegan.
Two other finalists vying in the auction were Isle of Capri Casinos Inc., which originally bid $351 million to construct a casino in Rosemont, and Midwest Gaming and Entertainment LLC, which proposed $360 million to establish a casino and hotel in Des Plaines.
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