The proprietors of Chicago’s first casino saw their luck change for the better as they closed out the first year of legal gambling within city limits.
Bally’s finally put to bed questions about financing their permanent $1.34 billion entertainment complex, remapped their site plan at Chicago Avenue and Halsted Street after old water pipes forced them back to the drawing board — and saw steadily increasing returns from their temporary operation in River North.
But the money still isn’t flowing like city budget officials initially hoped, and in a new report released this month, state revenue forecasters say they have questions about how many more dollars can be squeezed from a crowded and ever-growing Illinois gambling market.
