The Gaming Commission recently appointed a three-member Gaming Facility Location Board, which will oversee the competition for licenses.
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Given the increase in providers that are featuring variable payout percentages, I¡¯m sure that other developers are moving towards this trend too.
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Bally¡¯s deal with the city required the company to pay the city $40M at the contract signing, with $4M in yearly payments and an anticipated $200M in tax revenue annually. Bally¡¯s also agreed to make $74M in infrastructure improvements in the River West district.