Plans revealed for new Par-A-Dice Casino replacement in East Peoria
Summary
Boyd Gaming unveiled plans to replace the Par-A-Dice Riverboat Casino with a new $160 million land-based casino in East Peoria, Illinois. The proposal involves building on a water basin to circumvent regulations requiring land-based casinos to be located in Peoria, leading to a dispute with the city of Peoria. Peoria officials argue this violates a 1991 agreement stipulating any land-based casino must be built on their side of the river, and are concerned about lost tax revenue. The Illinois Gaming Board will review the plan in February. East Peoria’s mayor supports the project, while Peoria is evaluating its options, including enforcing the 1991 agreement. The new casino is projected to have an $890 million economic impact over the next decade and be completed in late 2028.
(Source:Peoria Journal Star)