EDITORIAL: Move ahead on proposal for hearings on Bally’s troubled Chicago casino deal
Regulation · 2024-06-13

EDITORIAL: Move ahead on proposal for hearings on Bally’s troubled Chicago casino deal

The Bally’s Corp.’s ability to build that big $1.7 billion casino in the River West community seems less and less like a sure thing with each passing month.

From the company’s seemingly shaky ability to close an $800 million construction funding gap, to the organization having to find a new location for a planned hotel tower — well after the complex’s master plan had been approved by the City Council — the project has rolled snake eyes just a bit too often.

Ald. Brian Hopkins (2nd), introduced a resolution at Wednesday’s City Council meeting, calling for hearings on Bally’s financial ability to build the casino.

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