Bally's casino plan clears final city hurdle, awaits Illinois Gaming Board's license approval

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The $1.7 billion project is still waiting for the Illinois Gaming Board to approve its casino license.

Bally's plans for a $1.7 billion casino in River West won final City Council approval on Wednesday, and the project now needs to clear one final hurdle, obtaining a license from the Illinois Gaming Board.the zoning changes Bally's needs to build its casino,

Ald. Walter Burnett , whose ward will be home to the casino, said it is a"big deal, because it can change the face of that community because of these opportunities." "This is something that three administrations have been trying to do," he said."Three administrations, for over 30 years, have been trying to do it. This mayor got it done."Despite the overwhelming vote of support from the City Council, the Bally's casino plan has not been without controversy. Ald. Brian Hopkins and Ald.

"Many of us had expected the committee process to be where all the vetting would occur," Reilly said."I'm really disappointed that that part of the process failed."Reilly and Hopkins have repeatedly warned that Bally's casino plan will exacerbate traffic problems downtown, and bring an increase in crime. They also have questioned whether the casino will be able to generate the kind of money Lightfoot and Bally's have claimed.

Hopkins also has noted Bally's has reported $3.4 billion in debt, questioning whether the company can even finance the casino project.

 

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She skips the vetting process & picked Bally's 🤔 That's what you call corruption. She puts a special board together, hand picked, to get it through...and they get 500 million in lease buyout tax incentives. Our crime rate is already unacceptable. All this for 3,000 jobs.

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