Bally’s Pays $40M for the Chicago’s First Casino
The investments in Chicago’s gambling industry have begun. Bally’s Corporation has paid $40m for the first construction stage of a new brick-and-mortar venue. These funds will help the Windy City’s pension costs, as Bally’s will pay $4m yearly.
Lori Lightfoot, the mayor of Chicago, has made an announcement regarding Bally’s first payment. She noted that this indicated Windy City’s commitment to its hard-working professionals. Lightfoot mentioned the construction meant hundreds of jobs with decent salaries would be created.
The casino was approved by the City Council in May. Bally’s Corporation intends to launch an interim casino in the summer of 2023. Finally, the venue will open its doors to gamblers at the end of 2025 or the beginning of 2026.
Lory Lightfoot has approved the selection of Bally’s Corporation as the one to construct Chicago’s first casino in May.
The Chicago Tribune Publishing Center will be the place for Chicago’s first brick-and-mortar casino. The gamblers will be offered 3,400 slots, 170 table games, 500 apartments, 6 restaurants, 3 bars, a 3,000-seat theater, a park, etc.
We would like to remind you that the Legends Bay casino has recently obtained a license in Nevada.