Many sources expect Chicago Mayor Lori Lightfoot to announce a partnership with Bally’s Corporation to construct a casino in the city. However, the anticipated Bally’s Chicago deal received backlash from elected officials and residents.
Lightfoot’s office has not affirmed that a declaration in the casino search is nearing its end. However, a few council members, including Alderman Brian Hopkins, say that Bally’s undertaking has been the leading candidate from the start. Also, they guess that it will be the triumphant bid.
A few gambling and soccer news sources, including the Chicago Tribune and Chicago Sun-Times, had revealed Tuesday that Bally’s was set to be the winner for the city’s new casino permit. However, Lightfoot denied that a choice had been made.
Anticipated Bally’s Chicago Deal
Hopkins’ ward is found just toward the north of the site, arranged along the Chicago River on a plot of land previously utilized as a distributing plant for the Chicago Tribune.
Residents of the area expressed skepticism about the viability of the proposed casino site. Also, homeowners’ associations opposed the plan, including the River North Residents Association.
The proposed casino will include a 500-room hotel and various amenities. It will also have a space where to bet on sports. Lawmakers expect it to earn around $200 million per year. Also, the city allotted the profits to fund fire and police pensions.
Regardless of the potential tourist income, Hopkins opposed the proposed location and deal.
According to casino and volleyball betting experts, the declaration of the Bally’s site could come on Thursday. In addition, the company is close to signing a deal with the Chicago Federation of Labor that would require the whole perplexing to utilize workers from the union.