Grand Victoria Casino Elgin
| Grand Victoria Casino Elgin | |
|---|---|
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| Location | Elgin, IL 60120 United States |
| Address | 250 South Grove Avenue |
| Opening date | 1994 |
| Total gaming space | 29,850 sq ft (2,773 m2) |
| Notable restaurants | Buckinghams Grand Victoria Buffet Prime Burger Bar Crave Deli |
| Casino type | Riverboat |
| Owner |
MGM Resorts International Hyatt |
| Website | http://www.grandvictoriacasino.com |
The Grand Victoria Casino Elgin is a riverboat casino in Elgin, Illinois, United States, located about 40 mi (64 km) west of Chicago. It is 50% owned and operated by RBG, LLP, a subsidiary of Hyatt, and 50% by a subsidiary of MGM Resorts International, which acquired Mandalay Resort Group, the former 50% partner company, in April 2005.
The casino opened its doors in 1994 and employs about 1,440 people. The 29,850 sq ft (2,773 m2) facility consists of approximately 1,100 video poker and slot machines in addition to the following table games:
In addition to games, the casino has banquet and dining facilities including Buckinghams, Indulge Buffet, Crave Deli, and the Prime Burger Bar.
Each year the Grand Victoria Casino Elgin donates 7.5% of its adjusted net operating income to the Kane County Board and 12.5% to the Grand Victoria Foundation. In 2008, Kane County received about $8 million to use for internal programs, about $1 million of which was available for projects benefiting the county's educational, environmental, and economic needs. Grants for these projects are recommended by Kane County's riverboat committee, but both the executive committee and the county board must approve the funds before they can be distributed.
In addition to the Kane County Board and the Grand Victoria Foundation, The city of Elgin receives its own portion of the Grand Victoria's revenue. Casino profits led to the removal of the $25 vehicle license fee as well as a yearly property tax rebate for senior citizens. Today, the city continues to allocate funds for housing restoration. In 2007 specifically, the city allocated twice as much money as usual for housing rehabilitation. Money is also dedicated to the following causes:
The Grand Victoria Foundation sponsors additional community programs, such as film screenings, at Gail Borden Public Library in Elgin.
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