from a Harnesslink article about the demise of Illinois racing :
Fairmount Park Racetrack, located in Collinsville, IL, near to St. Louis, which also sports a one-mile racing oval, partnered with Fan Duel (the facility is now called FanDuel Sportsbook and Horse Racing), and had plans to open a full casino by the end of 2024. Curiously, however, FanDuel has not revamped the Fairmount facility either. Is it possible that Fairmount/FanDuel is waiting to see what happens with the vacant land where Arlington Park once stood?
Consider this: the community of Arlington Heights was dependent on Arlington Park to provide them with tax revenue for almost 100 years. The Chicago Bears purchased the 326-acre property for $197 million, stating they planned to move from their downtown location of Soldier’s Field to the vacated Arlington site.
What’s curious also is that the Bears haven’t yet moved forward, and speculation swirls that Bears management is now considering building a new facility in their parking lots on the city’s lakefront, just south of where Soldier’s Field now stands. If the Bears do not build on the Arlington property as planned, then the community is going to look elsewhere for revenue. It is possible that FanDuel might procure that property, and bring racing back, in the form of a racino.
Remember, Illinois legislated a 5,000-machine racino for Arlington Park—undoubtably, until its demise at least, the state’s flagship racing venue. A facility of this magnitude would draw people from O’Hare, the nearby states of Wisconsin, Iowa, and Indiana, as well as from Chicago, garnering hefty tourism dollars. The Arlington locale is also preferable to the Rivers Casino site because it has the acreage and ability to generate two to five times the tax revenue for the village of Arlington Heights.
The landmass allows for more entertainment options such as shopping and concert halls. This draw would bring in sorely needed revenue for Illinois, Cook County, the village of Arlington Heights, and importantly, the racing community.