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Bally's Bronx Casino Gets $560M Lifeline | Real Estate News
Bally’s just landed a $560 million lifeline from WhiteHawk Capital Partners to keep their $4 billion Bronx casino project alive, with $400 million hitting the bank immediately. This move comes amid growing concerns about Bally’s liquidity, especially after their Chicago development slowed and their CFO stepped down. The funding helps cover upfront costs and gives them breathing room as they await final casino licensing — one of three companies recommended. Despite the turbulence, Bally’s chairman insists Chicago’s opening is still on track for early 2027, while also negotiating video gaming…
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