A 1031 Exchange is not a “tax loophole” or a “tax dodge.” It is a tax benefit that helps fuel the ec
Presidential candidate Joe Biden recently announced his proposed tax plan, which seeks to fund a $775 billion child and elder care plan...
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IN THE NEWS
Andrew Levine
- Sep 15
- 1 min
1031 Exchange Qualified Intermediary – What does “Qualified” Mean?
1031 Exchange Qualified Intermediary – What does “Qualified” Mean? When a group was asked “According to the IRS, what does ‘Qualified’...
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Terry Dunleavy
- Aug 29
- 1 min
$250 Million Construction Loan & Sale-Leaseback
(CHICAGO), August 29th, 2023—O’Rourke LLP client 815 Entertainment, LLC (“815”) has entered into a tax-advantaged sale-leaseback...
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Terry Dunleavy
- Aug 25
- 1 min
Walker's Bluff Casino Resort Opens August 25th
(CHICAGO), August 25th, 2023—O’Rourke LLP client Walker’s Bluff Casino Resort has opened to the public as of Friday, August 25 at 12:00...
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Terry Dunleavy
- Aug 23
- 1 min
Illinois Requires Casinos To Individually Consider Job Applicants With Criminal Records
For more than two years, employers in many industries in Illinois have been required by law to give consideration to the full context of...
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Terry Dunleavy
- Aug 2
- 1 min
Sportsbook coming to Hard Rock Casino in Rockford
The Illinois Gaming Board approved a sportsbook at the Hard Rock Casino in Rockford. The casino must comply with IGB rules before sports...
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Terry Dunleavy
- Jul 13
- 1 min
Beaming: Hard Rock Casino Rockford reaches a new milestone
The Hard Rock Casino Rockford next summer will be bustling with activity as thousands of visitors gather to gamble, see a show or grab a...
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Terry Dunleavy
- Jul 5
- 1 min
Aurora City Council finalizes plan for Hollywood Casino move
The City of Aurora finalized plans Tuesday to move the Hollywood Casino from its longtime location on the Fox River to a spot near the...
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Terry Dunleavy
- Jun 19
- 1 min
Illinois Gaming Board gives pre-approval for temporary Chicago casino at Medinah Temple
CHICAGO — The Illinois Gaming Board has approved a motion giving pre-approval to turn the old Medinah Temple location in River North into...
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Terry Dunleavy
- Jun 7
- 1 min
Shinnecock Nation On Track To Open Cannabis Dispensary This Summer
SOUTHAMPTON, NY — A new day is set to dawn for the Shinnecock Nation as the Little Beach Harvest cannabis dispensary readies to open....
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Terry Dunleavy
- May 24
- 1 min
More Than 700 Jobs Posted for New Chicago Casino Project, Bally's Announces
Preparations are underway for Bally’s Casino to open their temporary home in Chicago, and the company has announced it is hiring more...
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Terry Dunleavy
- May 8
- 1 min
Bally’s Reaches Deal To Free Up Permanent Chicago Casino Site
Another crucial step toward an eventual Chicago casino is no longer an outstanding issue. Bally’s has reached a deal to ensure the site...
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Terry Dunleavy
- Apr 28
- 1 min
Construction On Golden Nugget Danville Wrapping Up
Although no opening date has been set, construction on the new Golden Nugget Danville Casino is winding down. Once finished, the newest...
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Terry Dunleavy
- Apr 13
- 1 min
Reps For New Waukegan Casino Excited About Opening And What’s To Come
The Temporary by American Place has been a hit with patrons and that should only amplify once the casino opens all its amenities. The...
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Mike Moody
- Apr 10
- 1 min
PG&E Urges Bankruptcy Court To Change Inverse Condemnation Rule
California utility giant PG&E Corp. asked the bankruptcy court to declare invalid the state’s legal doctrine that holds it responsible...
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Terry Dunleavy
- Mar 28
- 1 min
Investors pitch second horse track, casino for $300M south suburbs project
A team of investors called Greenway Entertainment wants to bring some competition to Hawthorne Race Course in the south suburbs. Greenway...
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Terry Dunleavy
- Mar 13
- 1 min
Illinois Casinos Exceed $115 Million In February Revenue
Illinois casinos drew in more than $115 million in revenue during February. The successful month follows an impressive start to the year...
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Terry Dunleavy
- Mar 1
- 1 min
Bally’s Chicago Casino Will Create Thousands Of Jobs
It’s like Field of Dreams, Chicago style. Bally’s is building it. They will come. And people will be needed to work at the largest...
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Terry Dunleavy
- Feb 13
- 1 min
Bally's temporary Chicago casino at Medinah Temple clears gambling panel step
The Illinois Gaming Board has OK'd another step toward Chicago getting its first casino. Regulators yesterday approved licenses to run a...
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Terry Dunleavy
- Jan 30
- 1 min
Illinois Casinos Post $114.4 Million In Revenue For December
The Illinois Gaming Board (IGB) reported casino revenue totaling $114.4 million for the month of December, as the gaming discipline...
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