Bally's proposed permanent casino hotel is a project that some local politicians and residents believe is on life support. In light of Chicago's underfunded public pension obligations, which are a ticking time bomb, revenue from the project is required.
Chicago's pension problems might be made worse by Bally's financial problems. The Chicago venue will not become a reality unless the local gaming company raises $800 million in financing.
Chicago's pension problems might be made worse by Bally's financial problems. The Chicago venue will not become a reality unless the local gaming company raises $800 million in financing.