<\/span><\/h2>\nIn the meantime, Bally’s plans to open a temporary casino at Medinah Temple this summer. This interim venue is crucial for the operator as it helps establish a customer database and contributes to Chicago’s revenue generation. Bally’s President George Papanier stated that both the temporary casino and the main project are progressing according to schedule and budget.<\/p>\n
Bally’s is also actively engaging with the Chicago community to foster positive relationships. The gaming company has filed plans with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) linked to the Windy City casino. While the financial details of the offering are yet to be determined, Bally’s has committed to selling up to a 25% stake in the project to various stakeholders. These stakeholders include philanthropists, business owners, sports stars, celebrities, and individuals from the Black and Latino communities, as well as other ethnic and gender groups.<\/p>\n
Currently operating 15 gaming venues across 10 states with a workforce of 10,500 employees, Bally’s is eager to make its mark with the first fully integrated casino resort in the heart of a major U.S. city\u2014Chicago.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dave | May 12, 2023 | Updated on: May 12th, 2023Bally’s has received the green light from the Chicago Department of Planning and Urban Development for its exciting $1.7 billion casino hotel project in Chicago. Construction is set to begin in late 2024. This ambitious venture will not only create over 3,000 permanent jobs for […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3697,14235],"tags":[],"yoast_head":"\n
Bally's Chicago Casino Plan Approved: Construction to Begin Late 2024<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n