Editorial: How to save the Chicago casino nobody seems to want to run – Chicago Tribune*

"The problems aren’t new but they’re persistent impediments, beginning with the proposed tax of 40%. That’s better than the absurd 72% rate first proposed by the city, but it’s still an onerous burden for any company looking for a return on an investment likely to exceed $2 billion, especially given that the city’s request for proposals requires a hotel, meeting rooms, shops, restaurant spaces and, this being Chicago, a variety of obligations to use various local beneficiaries as subcontractors and sub-operators."