The city estimates a casino will bring in $200 million a year in tax revenue - money that is earmarked for police and fire pensions, according to officials.Īccording to officials, Bally's has committed to 60% minority hiring for its nearly 3,000 jobs.

A fitness center, sun deck and pool spaĪs part of its proposal, Bally's offered the city $40 million up front.

An extension of the Riverwalk and pedestrian bridge.

The $1.74 billion dollar project includes:

The casino's temporary location would open first. The permanent location is expected to take several years to redevelop. When the Casino Open?Ī press release from Mayor Lightfoot's office did not specify dates. However, that site needs to be redeveloped.Īccording to the press release, Bally's will open a temporary casino in River North at the Medinah Temple, located at 600 N Wabash Ave - the former site of a Bloomingdale's Home Store - would open first, until the Tribune site can be constructed into a permanent spot. The casino project and hotel is expected to be built on a portion of the site of the current industrial Tribune Publishing Center at Tribune Publishing Plant in the River West neighborhood, at N. Where will Chicago's Bally's Casino be Located? It must still be approved by the full City Council and the Illinois Gaming Board before it can move forward, but here's what we know right now. The bidding war brought months of proposals, public comment, support and strong opposition from some neighborhood groups and aldermen.

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