Bally’s bids for land-based casino resort license in Chicago
| By Robert Fletcher
Bally’s Corporation has submitted a proposal to develop and operate a new $1.6bn land-based casino resort in Chicago, Illinois.
The operator said that the Bally’s Chicago venue, which would include a casino, hotel and entertainment facilities, would serve as its new flagship property.
The bid sets out that the venue would be built in two phases, the first of which would see $1.0bn spent on a casino featuring 2,700 slot machines and 95 table games, as well as an all-suite luxury hotel, an outdoor music venue, green space and dining options.
Upon achieving an expected investment return threshold on phase one, a further $600m would be spent to add up to 4,000 total gaming positions, a 400-room hotel tower with a rooftop pool and bar, an amenity terrace, a 3,000-seat indoor entertainment venue, a 20,000sq ft exhibition space and an expanded food and beverage program.