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Rosemont will get $2.8 million in a settlement resolving a long-running dispute over the failed Emerald Casino bid.

The payout represents a fraction of what the village sought -- at least $45 million -- from six former Emerald officers as part of a bankruptcy proceeding.

The town spent another $10 million in legal fees over the last two decades, as its attorneys sought to recoup construction costs mostly related to the village's building of a 7-level, 8,500-space parking garage for a casino that never materialized.

That Williams Street garage today serves the 200,000-square-foot Parkway Bank Park village entertainment district, much of it on the site envisioned for the casino. The garage has unused elevator shafts that were intended to transfer casino money to armored vehicles.

'We were in a negative position cash-wise,' said Mayor Brad Stephens. 'But we have a parking garage as an asset. We were never going to recoup the legal fees, but it's better than getting nothing.'

'We were handed lemons and made some pretty tasty lemonade,' he said of the entertainment district, which opened in 2012.

The settlement comes from a pool of money secured by a bankruptcy trustee, as ordered by a federal judge in 2014. The judge ruled that six former Emerald officers owed creditors $272 million for losing the company's gambling license, after they failed to comply with Illinois Gaming Board rules and regulations.

The casino site along the Tri-State Tollway was a flurry of construction activity in 2001 when regulators started investigating allegations of mob ties of potential Emerald investors. The state eventually revoked the corporation's gambling license after determining company officials lied about investors and withheld other key information they were required to disclose.

Meanwhile, the state's 10th gambling license ended up going to the operators of Rivers Casino, across the street from Rosemont in Des Plaines.

Of 100 different creditors, only a few are left, many having been paid by Emerald's bankruptcy trustee through previous settlements.

There are still some unresolved claims in the lawsuit originally filed in June 2002 by the village and contractors. That includes a claim from the general contractor, which was a partnership between Degen & Rosato Construction Co. and Power Construction.

Stephens said the village could have gone to trial on its claims related to the parking garage, but there was a risk of not getting any money, so officials agreed to settle.

PHILADELPHIA (CBS) — Police have arrested two men in a string of Philadelphia casino crimes. Police say customers and employees from Rivers Casino were followed and robbed.

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Police are bringing the RICO statute into play, which is an element of corruption and robbery.

Investigators allege Perry Kellam pulled off 16 robberies on patrons and employees of Rivers Casino.

“We never really had a problem like this before. This crime is unique to Perry Kellam. This is his thing, this is what he does and now he is going to go to jail for it,” Philadelphia Police Lt. Patrick Doherty said.

Investigators were working the cases for some time. They brought in state and federal help.

Similarities began to surface. Police say the victims were all Asian.

Doherty, of Central Detectives, says in every single robbery, the victims were all followed home.

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“The victim would be getting out of the car and unsuspecting and all the sudden get rushed, knocked down over quickly and robbed,” Doherty said.

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In two robberies, weapons were used. None of the victims was seriously hurt.

Police are also charging Tyrone Tarpley in the three of the robberies. Police say in 2015, Kellam was arrested for robberies outside the casino.

Detectives are now expanding their search for more victims.

“We are looking at other casinos, other parts of the area, states, to see if this is happening elsewhere,” Doherty said.

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Police credit the casino’s handling of the robberies. Rivers Casino said in a statement it is cooperating with law enforcement.

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Both defendants are behind bars.

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