Bally’s Chicago, the highly anticipated casino resort located in the heart of the Windy City, has officially secured the necessary financing to move forward with its development. The $650 million project has been in the works for several years, and this latest development marks a significant step towards bringing the world-class gaming destination to fruition.
The financing for Bally’s Chicago was secured through a combination of funding sources, including private investors, financial institutions, and government grants. The project has also received support from the city of Chicago, which views the casino resort as a key driver of economic development and job creation in the downtown area.
In addition to securing financing, Bally’s Chicago has also unveiled the design for its accompanying hotel, which will feature a sleek and modern aesthetic inspired by the city’s historic architecture. The hotel will offer over 400 luxurious guest rooms and suites, as well as a rooftop pool, spa, and fitness center.
The casino itself will span over 150,000 square feet and will feature a wide range of gaming options, including slot machines, table games, and a state-of-the-art sportsbook. In addition to the gaming floor, Bally’s Chicago will also boast several upscale dining options, ranging from gourmet steakhouses to trendy cocktail bars.
“We are thrilled to announce that Bally’s Chicago has secured the financing needed to bring this world-class casino resort to life,” said Richard Jones, CEO of Bally’s Corporation. “We believe that our unique combination of gaming, entertainment, and hospitality will make Bally’s Chicago a must-visit destination for both locals and tourists alike.”
Construction on Bally’s Chicago is expected to begin later this year, with a grand opening slated for 2023. The casino resort is projected to create thousands of jobs in the Chicago area and generate millions of dollars in revenue for the city.
Overall, Bally’s Chicago promises to be a game-changer for the Windy City, bringing a new level of luxury and excitement to the local gaming scene. As one of the most eagerly awaited developments in recent memory, Bally’s Chicago is poised to become a true landmark in the heart of downtown Chicago.
