Chicago picks Bally's and riverfront location for $1.7 billion-plus in-town casino

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Chicago Tribune

January gambling revenues up at Bally's but down statewide

The new year is off to a promising start for Bally's Chicago, which saw gambling revenue hit a new monthly high in January, bucking a broader post-holiday downturn for Illinois casinos. In January, revenue at the temporary Medinah Temple casino grew 9.1% to $9.3 million in adjusted gross receipts, according to monthly data released Wednesday by the…

Finance ・ 08 February 2024

Chicago Sun Times

Bally’s temporary Chicago casino opens at Medinah Temple

After decades of political wrangling by past Chicago mayors, years of jockeying by potential developers for the lucrative deal and months of preparation by the lucky bidder, Bally's temporary Chicago casino took the city's first legal wagers from the betting public Saturday morning. Not that any of that lengthy history was on display outside the…

Finance ・ 09 September 2023

WTTW

Place Your Bets: Bally’s Will Open Temporary Chicago Casino at Medinah Temple at 8 a.m. Saturday

More than three decades in the making, legalized gambling will make its Chicago debut at 8 a.m. Saturday morning when Bally's opens a temporary casino in River North's Medinah Temple. Chicagoans and tourists feeling lucky can play 800 slot games and 56 table games in the century-old Shriner's temple at 600 N. Wabash Ave., with its distinctive domed…

Law ・ 09 September 2023

Chicago Sun Times

Bally’s Medinah Temple temporary casino landlord Albert Friedman will hit $20 million jackpot under 4-year lease

Chicago's first casino has yet to open to the public, but someone already has hit a jackpot topping $20 million. It's Albert M. Friedman, the clout-heavy developer whose tenants have included three mayors - Brandon Johnson, Lori Lightfoot and Rahm Emanuel. Friedman owns the historic but long-vacant Medinah Temple building about a mile north of City…

Finance ・ 08 September 2023

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The Real Deal

Albert Friedman Getting $20M from Temporary Bally’s Casino

Prominent River North developer Albert Friedman has won big with Bally's. The longtime Chicago real estate player with strong political connections struck a $20 million deal with the casino operator for the use of the historic Medinah Temple building as a temporary gambling hall while Bally's builds its permanent, $1.7 billion entertainment complex…

Law ・ 08 September 2023

Our Quad Cities

Rock Island agrees to reimburse $4.7M in casino plan

Bally's Casino and Hotel, Rock Island, is planning a $34-million redevelopment, and the city is placing its bets to reimburse a good chunk of that. The former Jumer's Casino and Hotel (bought by Bally's in 2021), at Illinois 92 and I-280, is the oldest of the three Quad Cities casinos, having opened in 2008 and is lagging in market share, said…

Industry ・ 17 March 2023

Block Club Chicago

Final Details In Chicago Casino Plan Approved By Council

RIVER WEST - Alderpeople gave final zoning approval to the proposed Chicago casino district Wednesday, the latest step in the development's path forward as it seeks a gambling license from the state of Illinois. The planned casino is set to be built on the Tribune Publishing site along the Chicago River between Grand and Chicago avenues. The first…

Law ・ 14 December 2022

WTTW

Chicago Officials Give Final Approval to Bally’s Casino Complex in River West

The Chicago City Council voted 39-5 to approve plans to transform the home of the Chicago Tribune's printing plant and newsroom into a $1.74 billion Bally's casino and resort on 30 acres in River West. The proposal still needs the support of the Illinois Gaming Board, which must license Bally's to operate the casino before work can begin along the…

Travel ・ 15 December 2022

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WTTW

Bally’s Casino Complex Proposal Set for Final Vote by Chicago City Council

Joining "Chicago Tonight" to discuss upcoming City Council votes are Ald. Byron Sigcho-Lopez (25th Ward), Ald. Pat Dowell (3rd Ward) and Ald. Walter Burnett Jr. (27th Ward). (Produced by Alexandra Silets) Efforts to transform the home of the Chicago Tribune's printing plant and newsroom into a $1.74 billion Bally's casino and resort is one step…

Travel ・ 14 December 2022

Telegraph Herald

Chicago casino won’t be a ‘glitzy Las Vegas strip joint’ but a ‘series of experiences,’ developers say

CHICAGO - Plans to build a permanent casino and entertainment district in Chicago's River West continue to evolve based on feedback from residents, Bally's officials said at a community engagement meeting for the project Monday evening. As outlined Monday, the design now includes more greenspace and an additional road connections into the…

Land-based ・ 11 December 2022

Chicago Tribune

Chicago casino not a ‘glitzy Las Vegas strip joint': developer

Plans to build a permanent casino and entertainment district in Chicago's River West continue to evolve based on feedback from residents, Bally's officials said at a community engagement meeting for the project Monday evening. As outlined Monday, the design now includes more greenspace and an additional road connections into the riverfront district…

Land-based ・ 06 December 2022

ABC 7 Chicago

Casino Chicago: Bally's play for long-awaited location at Halsted, Chicago in River West now up to IL regulators

CHICAGO -- State gambling regulators now hold the cards in Chicago's casino game. Bally's Corporation on Wednesday filed its application with the Illinois Gaming Board seeking approval of its plan for a $1.7 billion riverfront casino-resort at Chicago Avenue and Halsted Street. It's the latest step toward breaking ground on the massive…

Travel ・ 12 August 2022

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Chicago Sun Times

Bally’s files Illinois Gaming Board application for Chicago casino

State gambling regulators now hold the cards in Chicago's casino game. Bally's Corporation on Wednesday filed its application with the Illinois Gaming Board seeking approval of its plan for a $1.7 billion riverfront casino-resort at Chicago Avenue and Halsted Street. It's the latest step toward breaking ground on the massive entertainment complex…

Travel ・ 11 August 2022

US Bets

Bally's Submits Application For Downtown Chicago Casino License

Bally's formally submitted its application for a casino license to the Illinois Gaming Board on Wednesday, seeking to build a $1.7 billion venue in the River West neighborhood of the third-largest city in the United States. If the IGB approves the application, Bally's would operate a temporary casino at Medinah Temple in nearby River North while…

Travel ・ 11 August 2022

Block Club Chicago

City Receives Bally's $40M Upfront Payment For Chicago's 1st Casino

CHICAGO - The promised ten-figure payment to make Chicago's first casino a reality is in city's coffers. Bally's has paid the $40 million it pledged as part of its pitch for the $1.7 billion riverfront casino and resort at the Tribune Publishing site in River West, Mayor Lori Lightfoot said in a statement Thursday. The money, which was a major…

Jobs ・ 16 June 2022

REJournals

Bally’s hits the jackpot with approval for $1.7 billion casino plan for River West

The Bally's Corporation proposal to build a casino/entertainment venue in River West was officially given the go-ahead on May 25 by the Chicago City Council, reported Urbanize Chicago. Bally's $1.7 billion plan is welcome news for most, as Mayor Lori Lightfoot has worked to bring a casino into Chicago as a new revenue stream to bridge the gap for…

Winnings ・ 01 June 2022

Construction Review Online

Bally's Corporation River West Casino Project Approved, Chicago

The River West casino and entertainment venue proposed by Bally's Corporation has been approved by the Chicago City Council. The US$ 1.7 billion project will replace the Chicago Tribune printing factory on the west bank of the Chicago River between W. Chicago Avenue and W. Grand Avenue. The process has been years in the works, with mayor Lori…

Jobs ・ 28 May 2022

WTTW

Chicago City Council Votes 41-7 to Approve Bally’s River West Casino

The Chicago City Council voted 41-7 on Wednesday to go all in on a plan from Bally's to build a casino in River West, capping a 30-year odyssey and handing Mayor Lori Lightfoot a significant victory as she prepares to run for a second term as Chicago mayor. The $1.73 billion proposal now heads to the Illinois Gaming Board, which must license…

Covid ・ 26 May 2022

WTTW

Chicago Casino Plan Poised for Approval Later This Week After Initial City Council Vote

Mayor Lori Lightfoot's decision to tap Bally's to build a casino in River West won the approval of 27 members of the Chicago City Council on Monday, setting the $1.73 billion proposal up for a final vote on Wednesday. Only three members of the special City Council committee created by Lightfoot to consider the casino proposal voted against the…

Covid ・ 24 May 2022

Chicago Tribune

Column: Chicago rushes to approve casino deal while south suburbs hit jackpot with trusted partner

Chicago's rush to approve a $1.7 billion casino deal represents a shocking contrast to Wind Creek's plans to build an entertainment complex in East Hazel Crest and Homewood. The Southland seems to have hit the jackpot with a developer committed to building long-term partnerships. Chicago risks making a bad deal by moving too quickly, some aldermen…

Winnings ・ 10 May 2022

Review Journal

Bally’s Tribune site bid selected for Chicago casino operation

Bally's Corp., a fast-growing Rhode Island gaming company that is in the process of acquiring operations of the Tropicana in Las Vegas, has been selected as the sole licensee of Chicago's planned casino. Chicago Mayor Lori Lightfoot on Thursday announced the $1.7 billion casino resort would be built on the site of the Tribune Publishing Center near…

Covid ・ 06 May 2022

Chicago Sun Times

Chicago casino: Lightfoot picks Bally’s proposal at Tribune printing plant site

Mayor Lori Lightfoot is betting big on Bally's. Lightfoot on Thursday confirmed the East Coast gambling company as her pick to run the city's coveted casino at the busy River West site of the Chicago Tribune's Freedom Center printing plant. The mayor's choice for the house of chance, first reported Tuesday by the Chicago Sun-Times, marks an upset…

Land-based ・ 06 May 2022

World Casino News

Plans for a Chicago casino being considered

As part of the campaign to bring a large casino to downtown Chicago and a trio of companies have reportedly submitted five proposals that are to now be considered by the office of mayor Lori Lightfoot (pictured). According to a Thursday report from local television broadcaster WGN-TV, the competing propositions have been officially presented by…

Politics ・ 17 December 2021

CBS Chicago

Bidders Show Off Five Casino Proposals For Chicago

CHICAGO (CBS) - We are one step closer to getting a casino in Chicago, and we now have an idea of what it could look like. The city has five proposals on the table from three companies. Each of the bidders on Thursday showed off what their casino would look like, and outlined the benefits they would bring to Chicago. Illinois COVID-19 Cases Hit…

Sports ・ 17 December 2021

WBEZ Chicago

Chicago casino draft plans

Chicago residents will soon have a chance to weigh in on the city's massive plan to build a casino-resort and entertainment space at one of five proposed locations, officials said Friday. The city plans to hold its first public hearing on Dec.16 for residents to question the three firms behind the five pitches received last month. For now, the city…

Land-based ・ 26 November 2021