Crain's Chicago Business: Des Plaines Casino Groundbreaking Delayed

Developer Neil Bluhm has quietly postponed groundbreaking for his new casino in Des Plaines, near O'Hare Airport.

   Sources close to the matter say that construction on the 40,000-square-foot, 1,200-gaming-position operation was supposed to be starting right about now but has been put off until late winter —sometime in February, or perhaps March.

  The delay is being attributed to the difficulty of arranging financing in an extremely tight credit market, with minority partners in Mr. Bluhm's Midwest Gaming & Entertainment LLC said to have faced especially high obstacles.

  Insiders say the holdup is temporary...

Read more at Crain's Chicago Business