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Bally's Battles Chicago Over Gambling Terminals | Real Estate News
Bally’s is firing back at Chicago officials, blaming video gambling machines—not their own financial woes—for hurting their $1.7 billion casino project, citing a 23% revenue drop across Illinois casinos since 2012 and using Rivers Casino as a stark contrast. Despite slowing construction and warning investors of potential collapse, Bally’s insists they’ll finish by early 2027, while the city counters that terminals aren’t a major issue in Chicago and disputes can’t be resolved by halting work. The showdown heats up with a public hearing set for September 9, where Bally’s must defend its…
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