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led to an overall decrease in revenue among
Illinois casinos, particularly the Grand Victoria. The casino's revenue of $ 25 million for the month of February, 2009 was down 9.9% from the previous year and down 24% from 2007. The Smoke Free Illinois Act, which banned smoking in all enclosed workplaces
228:
Board and the Grand
Victoria Foundation, The city of Elgin receives its own portion of the Grand Victoria's revenue. Casino profits led to the removal of the $ 25 vehicle license fee as well as a yearly property tax rebate for senior citizens. Today, the city continues to allocate funds for housing
220:
Board and 12.5% to the Grand
Victoria Foundation. In 2008, Kane County received about $ 8 million to use for internal programs, about $ 1 million of which was available for projects benefiting the county's educational, environmental, and economic needs. Grants for these projects are recommended by
361:
317:
271:
In an attempt to make up for lost revenue, the Grand
Victoria and other Illinois riverboat casinos petitioned for permission to distribute free alcoholic beverages. Supporters of a proposed bill said that the existing law was unclear, while opposing groups cited increased gambling addiction as a
260:, in 2007 the Grand Victoria Casino Elgin generated more revenue than any other Illinois casino,taking in $ 437 million, a rise of 13% since 2000. This increase in revenue came as a result of tightening slot machines, and occurred despite a 32% drop in attendance between 2000 and 2007.
268:
beginning
January 1, 2008, also severely reduced casino attendance. Casino industry officials estimated that Illinois would receive about 20% less in monetary contributions from the casino over the course of 2008, a difference of nearly $ 144 million.
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restoration. In 2007 specifically, the city allocated twice as much money as usual for housing rehabilitation. Money is also dedicated to the following causes:
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Kane County's riverboat committee, but both the executive committee and the county board must approve the funds before they can be distributed.
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642:
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380:
675:
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In addition to games, the casino has banquet and dining facilities including
Buckinghams, Crave Deli, and Slice Pizzeria.
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The casino employs about 1,440 people. The 29,850 sq ft (2,773 m) facility consists of approximately 1,100
848:
241:
185:
In August 2018, MGM and Hyatt sold the casino to
Eldorado Resorts (later renamed as Caesars Entertainment) for $ 328M.
1110:
1246:
257:
717:
1151:
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In 2018, the Grand
Victoria was third among Illinois riverboat casinos, with gross receipts of $ 160.7 billion.
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841:
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in 2005. At the time of the merger in 2005, management of the property was transferred from
Mandalay to Hyatt.
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Each year the Grand
Victoria Casino Elgin donates 7.5% of its adjusted net operating income to the
240:
The Grand Victoria Foundation sponsors additional community programs, such as film screenings, at
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likely consequence if free alcohol distribution were to be legalized.
39:
427:
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Elgin Riverboat Resort D.B.A. Grand Victoria Casino (1998–2009),
455:
Elgin Riverboat Resort D.B.A. Grand Victoria Casino (1998–2009),
405:"Eldorado Resorts completes acquisition of Grand Victoria Casino"
148:
124:
147:, United States, located about 40 mi (64 km) west of
168:
381:"Elgin's Grand Victoria Casino to sell for $ 327.5 million"
109:
640:
673:
290:
378:
368:. Geneva, IL. April 29, 2005 – via NewsBank.
318:"Elgin sees dollar signs as casino boat sets sail"
407:(Press release). Eldorado Resorts. August 7, 2018
263:As Illinois Gaming Board reports illustrate, the
1312:
759:
863:
458:Grand Victoria Casino Elgin - Property Overview
849:
508:
251:
1336:Tourist attractions in Kane County, Illinois
618:
596:
574:
552:
856:
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737:
428:Illinois Casino and Gambling Association,
362:"Hyatt affiliate to manage Grand Victoria"
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171:. It opened its doors on October 6, 1994.
25:
311:
309:
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783:"Illinois Gaming Board - Annual Reports"
590:
315:
1313:
530:
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379:Corilyn Shropshire (April 16, 2018).
68:29,850 sq ft (2,773 m)
485:Grand Victoria Casino Elgin - Dining
174:Gold Strike was acquired in 1995 by
418:
13:
14:
1362:
337:IL Campaign for Political Reform
316:Siewers, Alf (October 7, 1994).
108:
1341:1994 establishments in Illinois
775:
753:
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710:
689:
667:
634:
612:
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1111:Harrah's Cherokee Valley River
641:Illinois Gaming Board (2009),
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448:
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151:. It is owned and operated by
1:
674:Johnson, Steven Ross (2009),
278:
1157:Harrah's Southern California
1152:Harrah's Northern California
291:Sanborn, Tele Atlas (2009),
265:2008-2009 economic recession
236:Not-for-profit organizations
163:The casino was developed by
7:
865:Caesars Entertainment, Inc.
137:Grand Victoria Casino Elgin
19:Grand Victoria Casino Elgin
10:
1367:
1066:Isle of Capri Lake Charles
954:Harrah's North Kansas City
414:– via Business Wire.
252:Revenue reports since 2000
242:Gail Borden Public Library
158:
1292:
1276:
1260:
1129:
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982:
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760:Associated Press (2009),
698:Illinois General Assembly
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176:Circus Circus Enterprises
119:
104:
94:
86:
72:
64:
56:
46:
33:
24:
18:
929:Horseshoe Council Bluffs
1015:Tropicana Atlantic City
964:Isle of Capri Boonville
924:Harrah's Council Bluffs
820:42.031046°N 88.280318°W
1061:Horseshoe Bossier City
1046:Harrah's Pompano Beach
1010:Harrah's Atlantic City
914:Horseshoe Indianapolis
509:Hague, Leslie (2008),
340:, 2005, archived from
212:Economic contributions
52:250 South Grove Avenue
1351:Mandalay Resort Group
1346:Caesars Entertainment
1284:World Series of Poker
1025:Harrah's Philadelphia
1005:Caesars Atlantic City
825:42.031046; -88.280318
677:Suburban Chicago News
644:Illinois Gaming Board
619:Ryan, Joseph (2008),
597:Ryan, Joseph (2008),
431:Grand Victoria Casino
366:Kane County Chronicle
324:– via NewsBank.
153:Caesars Entertainment
105:Public transit access
99:Caesars Entertainment
1172:Lady Luck Black Hawk
787:www.igb.illinois.gov
575:Moylan, Sue (2008),
553:Moylan, Sue (2008),
1321:Casinos in Illinois
1227:Horseshoe Las Vegas
1207:Harrah's Lake Tahoe
1081:Harrah's Gulf Coast
1056:Caesars New Orleans
995:Horseshoe Baltimore
959:Horseshoe St. Louis
894:Harrah's Metropolis
816: /
738:Filas, Lee (2008),
224:In addition to the
165:Gold Strike Resorts
125:grandvictoriacasino
73:Notable restaurants
42:60120 United States
1252:Tropicana Laughlin
1212:Harrah's Las Vegas
1187:Circus Circus Reno
1091:Isle of Capri Lula
944:Mid-America Center
201:in addition to 36
65:Total gaming space
1331:Riverboat casinos
1308:
1307:
1217:Harrah's Laughlin
1106:Harrah's Cherokee
909:Horseshoe Hammond
719:Casino City Times
322:Chicago Sun-Times
256:According to the
133:
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1242:Planet Hollywood
1178:
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1142:Harrah's Ak-Chin
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1121:Caesars Virginia
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1268:Caesars Windsor
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1167:Isle Black Hawk
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1071:Louisiana Downs
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934:Isle Bettendorf
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60:October 6, 1994
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884:Grand Victoria
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1198:
1197:Eldorado Reno
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1034:Southern U.S.
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657:on 2009-04-07
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558:
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549:
536:
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527:
514:
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492:on 2009-04-15
491:
487:
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478:
465:on 2009-04-16
464:
460:
459:
451:
438:on 2009-01-20
437:
433:
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424:
422:
406:
400:
386:
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375:
367:
363:
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344:on 2008-11-20
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1300:William Hill
1130:Western U.S.
1020:Pennsylvania
974:Scioto Downs
904:Hoosier Park
883:
872:Midwest U.S.
801:
790:. Retrieved
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293:
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270:
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258:Daily Herald
255:
239:
223:
215:
207:
192:
184:
173:
162:
136:
134:
57:Opening date
1076:Mississippi
823: /
294:Google Maps
226:Kane County
218:Kane County
203:table games
195:video poker
87:Casino type
76:Buckinghams
1315:Categories
1147:California
1000:New Jersey
811:88°16′49″W
808:42°01′52″N
792:2020-10-27
769:2009-04-02
747:2009-04-02
725:2009-04-02
704:2009-04-02
683:2009-03-31
661:2009-03-31
628:2009-03-31
606:2009-03-31
584:2009-03-31
562:2009-03-31
540:2009-04-02
518:2009-03-31
496:2009-03-29
469:2009-03-29
442:2009-03-02
411:2018-08-07
390:2018-04-23
348:2009-04-02
300:2009-03-29
279:References
180:MGM Mirage
82:Crave Deli
1293:Bookmaker
1051:Louisiana
90:Riverboat
40:Elgin, IL
35:Location
1277:Programs
1202:Flamingo
1192:Cromwell
1162:Colorado
1116:Virginia
990:Maryland
949:Missouri
879:Illinois
48:Address
1222:Harveys
1137:Arizona
1041:Florida
899:Indiana
159:History
149:Chicago
120:Website
78:Indulge
1261:Canada
1177:Nevada
189:Casino
1237:Paris
655:(PDF)
648:(PDF)
246:Elgin
169:Hyatt
139:is a
95:Owner
1232:Linq
969:Ohio
919:Iowa
197:and
167:and
135:The
127:.com
114:Pace
244:in
143:in
1317::
785:.
420:^
383:.
364:.
320:.
308:^
248:.
205:.
155:.
857:e
850:t
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795:.
393:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
