Bids Announced For Dormant Illinois Casino License - 2004-02-07
Bid amounts were announced for an available Illinois casino license, with Penn National Gaming giving the highest offer.
The bids were released today by the Illinois Gaming Board.
Penn National bid $506 million for the license presently held by bankrupt Emerald Casino. Harrah's Entertainment had the next highest bid at $375 million, followed by Wynn Midwest in partnership with Wynn Resorts and Midwest Gaming and Entertainment, at $360 million.
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