By The Weekly Edge desk ·
Gambling Insider reported that 28 Chicago alderpersons called on Bally’s to resume full construction of its $1.7bn casino development. Bally’s had paused work on several components outside the gaming area.
The demand challenges the slowdown in delivery of parts of Bally’s Chicago casino development.
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Bally’s finance leadership changes amid Chicago casino project delays, a dispute with city officials and liquidity concerns.
Bally’s must seek financing alternatives and address Chicago’s demands for the full development as its chief financial officer prepares to leave.
The acquisition adds an adjacent casino to Bally’s existing Shreveport operations.
The purchase transfers the Louisiana casino to Bally’s ahead of a planned rebrand.
The acquisition adds a Shreveport casino property to Bally’s regional portfolio.
The financing supports Bally’s planning and pre-construction, while additional capital remains necessary for the proposed resort.