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hollywood casino grantvilleMillennium Park’s Cloud Gate, or “The Bean” to locals, is a major tourism draw for Chicago, and the Windy City is betting on a casino resort to bring additional visitors to the shores of Lake Michigan. (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 percent to 75 percent from a previous call of a drop of 60 percent to 70 percent. Questions include optimal location, having a temporary casino during construction, and what amenities would maximize the complex’s revenue potential.The mayor is also asking what minimum acreage is needed for such a venue, how existing assets resorts casino east chicagoWhile a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. JB Pritzker (D) signed legislation last year that authorized five regional commercial casinos in the Chicago suburbs, plus a larger IR complex downtown.A feasibility study of the tax structure on the downtown casino resort concluded that the fees were too exorbitant to make the license an attractive investment opportunity. Illinois Gov. borgata casino hours

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