Tuesday, October 15, 2024 7:06 PM
Image aggregated from Chicago Sun-Times.
Mitchell Armentrout, Chicago Sun-Times
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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.
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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.
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