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Bally’s seeks 12-year property tax break for Chicago casino amid performance struggles

Bally’s seeks 12-year property tax break for Chicago casino amid performance struggles

Bally’s is reportedly lobbying for a 12-year property tax reduction on its $1.7 billion casino and hotel project in Chicago’s River West neighborhood, arguing that the incentive is essential for financial viability and maximizing revenue for the city. The Rhode Island-based gambling operator is req

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New casino in Chicago’s south suburbs has little impact on Northwest Indiana’s November gaming receipts

New casino in Chicago’s south suburbs has little impact on Northwest Indiana’s November gaming receipts

The opening of a new casino in south suburban Illinois last month appears not to have negatively affected in any significant way the earnings of Northwest Indiana’s four casinos.Data released Thursday by the Indiana Gaming Commission (IGC) show monthly year-over-year “win” — or revenue after paying

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Bally’s Chicago casino shows progress, but revenue falls short of projections

Bally’s Chicago casino shows progress, but revenue falls short of projections

Bally’s Corp., the operator of Chicago’s first casino, has made steady progress in its first year, but revenues from its temporary site at the Medinah Temple have fallen short of projections. The casino generated $124.6 million in revenue over its first 12 months, below the city’s initial goal of $2

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