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As Bally’s navigates a buyout offer from its largest shareholder, credit downgrades from ratings agencies and an $800 million funding gap to build its planned $1.7 billion Chicago casino, business at the temporary facility continues to ramp up. Revenue at the Medinah Temple casino grew 12.7% in March to more than $11.1 million in adjusted gross receipts, according to data released Thursday by ...
Any definitive verdict on the new Chicago gambling emporium, Bally’s Chicago, is premature. The operation is still in its temporary home at the Medinah Temple in River North, its revenue performance extends back just four months, and, as anyone who has visited the new casino can see, the operation is still finding its feet. But if the city of Chicago were playing blackjack to buoy its ...
Good afternoon, Chicago. West and northwest suburbs remain under a winter storm warning as snow continues to fall throughout the day and another round of heavy snow could complicate commutes Tuesday evening throughout the city. Evening snow is predicted to start around 6 p.m. and “be worse the farther west and north you go,” said meteorologist David King. Here's what else is happening today. ...
Gamblers will soon be able to roll the dice around the clock at Bally’s Chicago after the casino was granted approval to expand to a 24/7 operation beginning Dec. 27. Bally’s Chicago has been limited to a 20-hour daily schedule since opening its temporary casino Sept. 9. The Illinois Gaming Board signed off on the casino’s request for expanded hours Dec. 6. “Opening our doors 24/7 is an ...
Bally’s Chicago revenues were flat for November during its third month of operation, as the casino awaits approval from the Illinois Gaming Board to expand to a 24/7 schedule. The temporary casino at Medinah Temple generated just over $7.6 million in adjusted gross receipts last month, matching its October revenue totals, according to data published by the Illinois Gaming Board. Bally’s ...
With dice rolling across the craps table at Medinah Temple, it may be worthwhile to recall that unsanctioned gambling long flourished in Chicago, giving rise to Patrick Healy’s admonition when legal casinos in Chicago were discussed in 1983. “You might as well bring back Al Capone,” said the head of Chicago’s Crime Commission. Capone died in 1947. But the Tribune’s archives are replete with ...