These funds will also provide much-needed support to the City’s public employee pension funds.
“The wagering and admission taxes collected at the Chicago casino will support the state’s Capital Projects Fund to address critical infrastructure needs across the region, creating job opportunities our communities desperately need. “The Chicago labor movement is excited about the opportunity a casino will provide the City, our communities and Chicago’s tourism and hospitality industry,” said Bob Reiter, President Chicago Federation of Labor. Once built, I expect the casino to become a top ranked, global destination and a point of pride for all our residents.” Mayor Lightfoot and her administration are committed to making decisions in the coming days that best serve Chicago and showcase our diversity, our culture, and why we continue to be recognized as a world-class city. “From creating equitable and inclusive economic development and job creation, to opportunities for businesses all over our city-the casino will be a catalyst for meaningful change. “As the city rebuilt better 150 years ago, after the Great Chicago Fire, today the casino project is our generation’s opportunity for an innovative and transformative reimagining,” said Michael Fassnacht, President & CEO, World Business Chicago, and Chief Marketing Officer, City of Chicago.
