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The corporate owner of the Par-A-Dice Hotel Casino has received permission to move forward with its plan to redevelop the existing East Peoria site.
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The City of Peoria has decided to drop its lawsuit over the proposed $160 million redevelopment of the Par-A-Dice Hotel Casino in East Peoria.
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Boyd Gaming shifted its plans for redevelopment of the Par-A-Dice casino site in East Peoria, moving the casino floor to a permanently moored barge on the Illinois River.
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The City of Peoria is heading to court with its effort to block a proposed $160 million redevelopment of the Par-A-Dice Hotel Casino property in East Peoria.
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A possible agreement between the City of Peoria and the parent company of the Par-A-Dice Hotel Casino was voted down Monday, leaving the city open to contesting plans for a $160 million overhaul of the existing riverboat gambling venue in East Peoria.
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The corporate ownership of East Peoria’s Par-A-Dice riverboat casino intends to construct a new $160 million gambling venue on the existing property, but the decision isn’t sitting well with some Peoria city leaders who believe the move violates a long-standing intergovernmental agreement.
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A development incentive aimed at helping East Peoria pursue growth along the Illinois River is now formally in place.
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East Peoria Mayor John Kahl shared an optimistic vision for the city’s next few years Friday, albeit while speaking at a venue with an uncertain future. Kahl delivered his annual State of the City address from the banquet room at the Par-A-Dice Hotel Casino, steps away from the riverboat gambling attraction that parent Boyd Gaming is looking to replace.
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The East Peoria City Council took several more steps Tuesday night toward making a Riverfront TIF district a reality.
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Patrons at the Par-A-Dice Casino could be eligible for a slice of a class action settlement if they were captured by certain facial recognition security cameras.