Gaming Strategy
Featured Stories
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Search Our Archive of Gaming Articles 

Attorney General Blocks Emerald Casino Deal

23 May 2002

ILLINOIS – As reported by the Associated Press: "Attorney General Jim Ryan dealt a serious blow Wednesday to supporters of a proposed riverboat casino in Rosemont, saying he is prepared to block any deal that would let Emerald Casino Inc. sell its gambling license.

"`I can't conceive of any deal or arrangement, frankly, that the attorney general's office could approve,' Ryan said.

"The attorney general's announcement came after the Illinois Gaming Board met in closed session to consider a new settlement offer from Emerald. The board postponed a hearing on Emerald's license until May 29 and said officials would continue to meet with the casino company.

"…Emerald's casino license has been in limbo since January 2001, when the board rejected the company's request to build a casino in Rosemont, moving its license from a shuttered boat in East Dubuque. The board alleged that company executives Kevin and Donald Flynn had lied to investigators and that some shareholders had ties to the mob.

"Ryan, the Republican nominee for governor, has repeatedly said the Flynns should not be allowed to profit if their alleged wrongdoing is proved.

"…Ryan added that he was concerned about Rosemont as a casino site because of a pending federal investigation involving the village and the casino. Investigators have subpoenaed all Gaming Board records related to the Emerald proposal…"

< Gaming News