Bally’s Chairman Soo Kim said the River West entertainment complex will be built as planned.
To paraphrase Mark Twain, reports that the planned $1.7 billion Bally’s Chicago permanent casino may be doomed before the first shovel is planted are, according to the company’s chairman, greatly exaggerated.
Some believe that Rhode Island-based Bally’s, an upstart public gaming company that adopted a storied name and aggressively built a portfolio of 16 casinos in 10 states, mostly through acquisition, might be better off not developing its grand Chicago flagship as planned. Slot machines glow through the windows of Bally’s temporary casino at Medinah Temple in Chicago on April 11, 2024. John J. Kim/Chicago Tribune
The Bloomingdale's store, housed in the historic Medinah Temple, owned by Friedman Properties, in the Near North neighborhood is seen on June 13, 2019, in Chicago.People walk near the historic Medinah Temple and former Bloomingdale's store on Feb. 27, 2018.Morning traffic moves along Ohio Street by the Medinah Temple in Chicago on Sept. 30, 2022.A man bikes near the Medinah Temple in Chicago's Near North neighborhood on Sept. 30, 2022.
Two-year-old chimpanee Saboo holds on to his owner, Pamela Rosaire Zoppe, onstage at the Medinah Temple on March 4, 1999, as they prepare for the final Shrine Circus performances at the venue.A 1999 view shows the 42,00-seat auditorium that was inside the Medinah Temple.John J. Kim / Chicago Tribune Johnson softened his stance slightly at a news conference Wednesday, expressing confidence in his administration’s ability to “work through” the process with Bally’s in getting the permanent casino built.“It’s a variety of things,” Johnson said. “It’s not just about remediation of space, making sure that the timeline and the budget is in agreement or in alignment.
The city scheduled a public meeting at the Jesse White Community Center on Friday night to discuss the demolition process at Freedom Center. A demolition application has been filed but the timeline for leveling the massive printing plant has yet to be determined.
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