Plans for new casino in East Peoria receive approval from state
Summary
The Illinois Gaming Board has unanimously approved Boyd Gaming’s $160 million plan to build a replacement for the Par-A-Dice Casino on a barge in East Peoria. This decision concludes a long-standing dispute between Peoria and East Peoria regarding the casino’s location. Peoria argued that a 1991 agreement mandated any land-based casino be built on their side of the river, but Boyd Gaming shifted to a barge plan after Peoria filed a lawsuit. Despite a settlement offer of $1.8 million annually, Peoria’s City Council declined, leading Boyd Gaming to pursue the barge option. East Peoria officials expressed satisfaction with the approval, highlighting the investment and continued economic benefits for the region. Peoria’s mayor acknowledged the missed opportunity for a settlement but noted the region will benefit from improved casino amenities and revenue sharing.
(Source:Peoria Journal Star)