ROCKFORD (WREX) — 815 Leisure, the group behind bringing a Laborious Rock On line casino to Rockford, will buy Giovanni’s Restaurant and Conference Heart to renovate the area for a brief on line casino location, as soon as accepted.
Final week, the Illinois Gaming Board denied an utility for a on line casino provider’s license after Giovanni’s tried to withdraw its utility a couple of days prior. Per Illinois Gaming Regulation, candidates can not withdraw with out IGB approval.
Administrator of the Illinois Gaming Board, Marcus Fruchter, stated workers advisable the denial of the provider’s license “primarily based on conduct and associations that may jeopardize the integrity of gaming and would discredit or are inclined to discredit the state and Illinois gaming.” Nonetheless, Administrator Fructher didn’t elaborate additional in Wednesday’s assembly.
The denial triggered a clause within the lease and possession agreements that permits 815 Leisure to accumulate the property and the Castrogiovannis’ stake within the firm, Terence Dunleavy, legal professional for the corporate, instructed 13 WREX’s media companions on the Rockford Register Star. 13 WREX has reached out to Dunleavy for remark, however we’ve not heard again. Particulars of the acquisition haven’t been launched.
Dunleavy goes on to inform the Register Star this won’t have an effect on the timeline for the on line casino course of.
“We’re conscious that the present homeowners of the non permanent on line casino website might be promoting the placement to present buyers. We don’t anticipate that this variation in possession will decelerate the on line casino course of,” Rockford Mayor Tom McNamara stated in a press release to 13 WREX.
In February, the Illinois Gaming Board unanimously accepted a preliminary suitability research for the Laborious Rock On line casino, a significant step within the course of.
If accepted by the gaming board, the plan could be to have a brief on line casino open inside Giovanni’s with 736 slots, a snack bar, a on line casino bar and Legacy Restaurant, which is already there. Plans launched by Laborious Rock present that it could be open for 18 to 24 months whereas development on the Laborious Rock On line casino is underway.
Proprietor, Joe Castrogiovanni, says he’ll work with Laborious Rock on the challenge after he determined to take away himself and his spouse from the on line casino licensing course of.
“I’ve determined to take away myself and my spouse from the IGB licensing course of and work with the Laborious Rock people to facilitate their realization of the challenge, realizing they’ll put forth an exquisite product for future workers and clients. Town of Rockford deserves nothing however the most effective, and we’ll proceed to proudly help this challenge and all that it’s going to deliver to our area.” – Joe Castrogiovanni, Proprietor/Giovanni’s