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Bally’s Takes Control of Chicago Casino Site in $500 Million Sale-Leaseback Deal

City’s First Gaming Complex Expected To Open by 2026
Bally’s plans to open a $1.7 billion casino along the Chicago River by 2026. (Bally’s)
Bally’s plans to open a $1.7 billion casino along the Chicago River by 2026. (Bally’s)
CoStar News
November 21, 2022 | 5:04 P.M.

A Chicago private equity firm has paid $200 million for the 30-acre riverfront site where the city’s first casino is planned, moving the decades-in-the-making project closer to breaking ground.

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