Bally’s Corporation is a step closer to getting a Chicago casino license. It came after the Chicago City Council voted in favor of the zoning for the building that would house the proposed casino. Also, online gambling news reports the project’s total value is $1.7 billion.
Bally’s will spend the initial part of the project constructing a casino covering one million square feet, a hotel with 500 rooms and a rooftop bar, an event area that can hold 3,000 visitors, and a vast open space for the general public. In addition to bringing a new casino to the neighborhood, Bally’s will also get several upgrades to the existing facilities. A public riverwalk, a taxi stand, an outdoor green area, and an outdoor concert venue are all part of the project’s scope.
The proposed casino will create around 3,000 construction jobs in Chicago. In addition, city officials projected an annual tax income of millions of dollars.
According to Bally’s, the new development is a major success and a new essential stage in the process. the project already has the approval of the Committee on Zoning and the Plan Commission.
Chicago City Council in Favor of New Casino
According to Korean sportsbook sources, members of the development team testified before the municipal council, highlighting the benefits and resources that would be brought to the region by the new casino. They listed several positive trends, such as increased chances for women and minorities to acquire equity stakes in businesses, hiring new vendors, and a more extensive regional workforce. In addition, the chairman of Bally, Soo Kim, has faith in the project’s long-term beneficial economic advantages, including the high wages paid to union workers.
Bally’s Chicago is dedicated to showcasing the finest Chicago has to offer in terms of attractions, cuisine, art, entertainment, and hand-picked restaurants. The venue is planned for the 30-acre Chicago Tribune Publishing Center at the corner of Halsted Street and Chicago Avenue. Its construction is anticipated to transform the underutilized property into a significant contributor to Chicago’s economy.
According to sports betting tutorials and news sites, 170 table games, 3,400 slot machines, and 10 restaurants and bars will be available in the casino.
At the beginning of the month, Bally’s officials heard residents’ worries about the planned development. As a result, the company was awarded the contract to manage the new casino at the beginning of May.