What lies ahead for Peoria as gaming board prepares to vote on casino?
Peoria is suing the Illinois Gaming Board over a proposed casino in East Peoria, citing a 1991 agreement regarding casino location.Summary
The city of Peoria is legally challenging the Illinois Gaming Board’s impending vote on Boyd Gaming’s plan to build a casino in East Peoria. Peoria argues the plan violates a 1991 agreement stipulating that any land-based casino must be located on Peoria’s side of the Illinois River. The City Council rejected a $1.8 million annual settlement offer from Boyd Gaming and has filed a lawsuit against the Gaming Board, Boyd Gaming, and East Peoria. Peoria contends Boyd’s attempt to classify the casino as a ‘riverboat’ by building a water basin underneath it is a legal loophole. While some council members express disappointment with the rejected settlement and fear a prolonged legal battle, others believe the lawsuit will either succeed in court or force Boyd Gaming back to the negotiating table. The potential cost of litigation is estimated at $1 million and could take up to two years, potentially reaching the Illinois Supreme Court.
(Source：Peoria Journal Star)