Chicago residents could be offered an ownership slice in the city’s first casino.
Its operator, Bally’s, said Tuesday it has proposed the casino stake in a draft registration statement submitted to the Securities and Exchange Commission. The Form S-1 statement is confidential for now, allowing the SEC and Bally’s to negotiate terms before details are made public.
The commitment was one reason the Bally’s proposal got the backing of Mayor Lori Lightfoot in 2022. The casino would replace the Chicago Tribune printing plant at 777 W. Chicago Ave. by 2026.
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