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CHAMPIONS Casino at Hawthorne Park Confident Opening Bid Will Play Well

Revenue Generated by Ability to Open First Will Generate $200,000,000 More

 

Stickney, IL—With the public release of the opening bids for Illinois’ tenth casino license, CHAMPIONS Casino & Resort at Hawthorne Park is confident its $150,000,000 position will make a strong case for their proposal. “When you take into account that we can open in just 6 months, we’ll generate an additional $200,000,000 for the state while other applicants are still digging holes in the ground,” says Tim Carey, president of Hawthorne Race Course. “That effectively makes our opening bid $350,000,000, which puts us exactly where we want to be.”

 

On Wednesday, the Illinois Gaming Board announced that there were seven applicants for the license with bids ranging from $435 million to $60 million. Chief counsel for the Gaming Board, Michael Fries, stated that a variety of factors will contribute to the decision, “ranging from revenue to the state, character and reputation of the applicants and their key persons, their financing,” and cautioning people not to read too much into the opening bids.

 

“Additionally, we are positioned to service the highest density market so we can make more money for the state over the long-term,” explains Carey. The population within a 30-minute drive from Hawthorne Race Course is 4.2 million people. 2.8 million live within 10 miles from the proposed site. “Illinois loses $720 million in gaming revenue to Indiana every year. “The solution is not another casino near the Indiana border, it’s a casino close to the market that spends most of this money. Geographically, we are in the best position to recover the most of that money for Illinois.”

 

www.ChampionsCasinoResort.com
The Hawthorne partnership group has also launched a website to showcase its proposal. “This casino and resort is going to be a huge benefit to the community and so we wanted the public to be able to see the plans and give us their feedback right away,” says Carey. “The response has been overwhelming. We’ve created a letter of support that people can sign. There are Facebook groups supporting the project. And we’re building out pages on MySpace and MouthpieceSports.com too.”

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