Business

Sources say Bally's River West casino plan expected to get Lightfoot's nod

Posted May 03, 2022 1:00 am

Chicago Sun-Times

Mayor Lori Lightfoot is preparing to turn over her cards in the Chicago casino game, with all signs pointing to a winning hand for Bally's Corp. and its River West bid, sources told the Chicago Sun-Times on Tuesday.

The city signaled in a March report that Bally's proposal for the Chicago Tribune printing plant site at Chicago Avenue and Halsted Street was the front-runner over two other finalists for the casino. An official decision could come Thursday.

The publicly traded Rhode Island corporation was the only one to offer an upfront payment of $25 million for the license - and was projected as the top revenue generator over a Hard Rock casino proposed across DuSable Lake Shore Drive from Soldier Field and the so-called Rivers 78 plan backed by billionaire Neil Bluhm for the South Loop.

• For the full story, visit chicago.suntimes.com.

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