Bally’s on track for Chicago casino

Bally’s on track for Chicago casino

Added:
Bally’s on track for Chicago casino

Despite statements made by Mayor Brandon Johnson this week in the Chicago Sun-Times, a Bally’s representative claimed plans for a permanent Chicago casino in the River West district were on track. 

During the interview, the editorial board questioned the mayor if he believed the permanent casino will eventually be built. Johnson remained noncommittal, adding it was “still to be determined.” On Tuesday, a casino official confirmed to NBC Chicago that the new $1.7 billion casino is still on track. Bally’s intends to assume control of the River West property on July 5, with a tentative opening date of September 2026.

Ald. Walter Burnett said:

“I don’t think it was that the mayor is not on board. I think he may have gotten caught up at that editorial board on some questions that he couldn’t actually answer. I think Bally’s is on track, I just came from a vendor fair with Bally’s.

I think the bigger issue is whether or not Bally’s can actually afford to develop the site. If we look at what we’re hearing from Wall Street, they’re short hundreds of millions of dollars in cash to deliver the casino.”

The city stated that the project will contain a $1.7 billion casino and hotel on a section of the current facility, with 3,400 slots and 170 table games. The project is intended to generate three thousand permanent casino jobs. 

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