The regional casino operator Bally's is facing challenges that could endanger its $1.1 billion integrated resort project in the third-largest US city, but the mayor of Chicago is standing by the company.
Bally's executives informed the Nevada Gaming Control Board last month that they are working to close a $800 million funding gap in order to finish the Chicago project. In light of Bally's recent credit downgrades, that undertaking may become more challenging.
Bally's executives informed the Nevada Gaming Control Board last month that they are working to close a $800 million funding gap in order to finish the Chicago project. In light of Bally's recent credit downgrades, that undertaking may become more challenging.