Waukegan once again is setting itself up for disappointment, The Hound predicts. After entering a cheapskate bid of $225 million for a gaming palace and hotel at an easily accessible 31-acre site at Fountain Square, the city and its casino partners got trumped by a $435 million bid from the village of Rosemont, which really, really wants that 10th and last Illinois gaming license.
Don't get The Hound wrong. By all rights, Waukegan should have the casino. The state's original gaming law envisioned helping communities like Waukegan. The then-riverboat law certainly helped Aurora, Elgin and Joliet. A Waukegan casino would help the city and neighboring communities, too.
The Waukegan site is the best site because it will bring new money to the table and not take away from the existing casinos. The other sites, including Rosemont, are too close to the venues in Aurora, Elgin and Joliet. Gamblers would just switch sites. Waukegan can draw new players from southeast Wisconsin. And, it could be up and running sooner than the other bids.
Logically, the Waukegan site is perfect. But logic doesn't dictate the way things operate in Illinois, as we've seen the past few years.
The Hound is barking for the Waukegan site, but there's bad juju surrounding this remaining license. The Hound hopes the hex isn't on, but don't say you weren't warned.
At least the city rolled the bones and took the gamble. As the lottery folks remind us: If you don't play, you can't win.