Bally’s Corporation, one of the leading gaming companies in the United States, has announced exciting new plans for a state-of-the-art casino in Chicago. The company has partnered with Gaming and Leisure Properties, Inc. (GLPI) to fund the project, which is set to be a game-changer for the city’s entertainment scene.
The proposed casino will be located in the heart of downtown Chicago, making it easily accessible to residents and tourists alike. The facility will boast a wide range of amenities, including a luxurious hotel, top-notch restaurants, and a cutting-edge gaming floor featuring the latest slot machines and table games.
Bally’s CEO, George Papanier, expressed his enthusiasm for the project, stating, “We are thrilled to be partnering with GLPI to bring a world-class gaming experience to the vibrant city of Chicago. Our goal is to create a destination that will attract visitors from around the country, boosting tourism and creating jobs in the local community.”
GLPI, a real estate investment trust specializing in gaming properties, will provide the necessary funding for the casino development. The company’s CEO, Peter Carlino, emphasized the strategic value of the partnership, stating, “We see great potential in the Chicago market and are excited to work with Bally’s to bring this project to life. This investment aligns perfectly with our long-term growth strategy.”
The casino project is expected to create hundreds of jobs in construction and hospitality, providing a much-needed economic boost to the Chicago area. In addition, the facility will generate significant revenue for the city through gaming taxes and licensing fees.
Local officials have expressed their support for the new casino, citing the potential economic benefits and job opportunities it will bring to the community. Mayor Lori Lightfoot commented, “We welcome this exciting development from Bally’s and GLPI and look forward to working together to make this project a success. The addition of a world-class casino will enhance Chicago’s reputation as a premier entertainment destination.”
Construction on the new casino is expected to begin in the coming months, with an estimated completion date of 2023. Once open, the facility will undoubtedly become a key player in Chicago’s entertainment landscape, offering visitors an unforgettable gaming experience in the heart of the city.
