November 2, 2024

Danville casino revenue totals for August near bottom in Illinois – The News-Gazette

Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

One of Editor & Publisher’s ‘10 That Do It Right 2021’
Wind increasing. Lots of sunshine. High near 70F. Winds WNW at 20 to 30 mph. Higher wind gusts possible..
Clear to partly cloudy. Low 42F. Winds NNW at 10 to 20 mph.
Updated: October 21, 2023 @ 12:07 pm
Our County Editor
DANVILLE — The city of Danville’s share of funds generated by the Golden Nugget Danville casino in August totaled $187,872.
That money is a welcome shot in the arm to the city’s police and fire department pension fund but ranks near the bottom of the 13 casinos in Illinois that operated for the entire month.
Rivers Casino’s share of tax money sent to its home city of Des Plaines for the month was $2,503,450.
The tax allotment comes from admissions and wagering.
Rivers’ adjusted gross revenue (the amount taken in after payouts to players) was $44,778,232, dwarfing the $3,101,743 for the Danville casino, which opened in May.
Argosy Casino Alton was the only one with lower totals than Danville’s, with $2,919,572 in adjusted gross revenue and $179,650 distributed to the city.
Danville Mayor Rickey Williams Jr. said city officials figured first-year totals would be about two-thirds of what they hope will be eventually generated.
“We anticipated we’re going to bring in $6 million (a year) from the casino,” Williams said, “but we budgeted that we would only bring in $4 million” the first year.
He said the city figured it would take time for the casino “to get open and work through the kinks.”
Williams said Golden Nugget Danville officials are “happy with the progress so far. The only concern is they need more employees, and that’s a problem.”
“I think everyone throughout the county is having that problem, not just the casino or Danville,” he said.
Williams said with insufficient staff, the casino is not able to operate all of its table games as many hours as it would like to during the day. It has also not yet secured permission from the state to operate its sports book.
Golden Nugget’s adjusted gross revenue from table games was $300,334 — a far cry from the $17,036,708 reported by Rivers. The next-highest total in the state in that category was $2,401,322 at Elgin’s Grand Victoria Casino.
The Danville casino encompasses 19,489 square feet, compared with Rivers’ 78,500. Danville had 32,785 admissions for the month, compared with 264,539 at Rivers.
Danville is also benefiting with direct contributions from ownership. Wilmorite Management, which owns the casino, presented a $1 million check to the city in March for riverfront development.
Williams said he expects Phase 1 of the riverfront design process to be completed by the end of the year. That work will involve construction of an overlook on the bluff behind the David S. Palmer Arena, completion of a boardwalk near the river, and switchback stairs being built on both ends.
At the casino’s grand opening in May, a second $1 million check was presented to the Boys and Girls Club of Danville for construction of a teen center.
Wilmorite will present a third $1 million check later to the city for maintenance of its buildings. Williams said it has not been determined when that presentation will be made.
Our County Editor

The News-Gazette mobile app brings you the latest local breaking news, updates, and more. Read the News-Gazette on your mobile device just as it appears in print.


Pick the brain of veteran News-Gazette columnist Tom Kacich and veteran WDWS/WHMS radio personality Kathy Reiser.
Your browser is out of date and potentially vulnerable to security risks.
We recommend switching to one of the following browsers:

source
Visit
Provided by Casino Marousi – Καζίνο Μαρούσι
https://casinomarousi.com
https://casinomarousi.gr

Contact : casinomarousi@gmail.com

Please follow and like us:

6 thoughts on “Danville casino revenue totals for August near bottom in Illinois – The News-Gazette

  1. Alloy aluminum recycling

    Aluminium scrap mechanical treatments Aluminium scrap waste elimination Aluminium scrap supervision

  2. Copper scrap customer engagement

    Electric motor copper scrap Copper tube recycling Scrap Copper yard

  3. Iron waste reclamation

    Metal reclaiming process Metal waste sorting center Iron scrap recovery plants

    Ferrous waste recovery facility, Iron and steel reclaiming facility, Metal reclamation and recovery center

  4. Iron scrap processing facility

    Metal waste recycle yard Ferrous material recycling compliance Iron waste repurposing center

    Ferrous material processing unit, Iron and steel scrapping and recuperation, Metal waste recuperation

  5. Iron recovery yard services

    Scrap metal remanufacturing center Ferrous material alloying Iron and steel reclaiming facility

    Ferrous scrap handling safety, Iron scrap recovery and repurposing, Metal waste sales

  6. Iron scrap salvage

    End-of-life metal recovery Ferrous material awareness campaigns Iron and steel reclaiming and recycling

    Ferrous material green initiatives, Iron scrap reclamation yard, Metal reclamation yard

Leave a Reply

Your email address will not be published. Required fields are marked *