Bally’s is slowing parts of construction on its $1.7 billion permanent Chicago casino as it pushes back against the possible expansion of video gambling terminals (VGTs) in the city. The company told the Chicago Community Builders Collective that it is “resetting the pace” of some work.
For now, the corporation says that adjustment will not delay the casino’s planned early 2027 opening.
“Bally’s issued a notification to the Chicago Community Builders Collective (CCBC) that it is resetting the pace of construction of elements of Bally’s Chicago permanent casino,” the company said.
The company says the “potential for an uncontrolled proliferation” of video gambling terminals would run against commitments Chicago made when the casino agreement was reached.
“The potential for an uncontrolled proliferation of video gambling terminals (VGTs) is in breach of the City’s commitment not to expand gaming in the Host Community Agreement (HCA) and creates uncertainty that could be harmful for Bally’s Chicago prospects,” the company said.
“Initial opening of the permanent Casino remains unchanged for early 2027 and Bally’s Chicago intends to fully honor its commitments under the Host Community Agreement,” it added.
The slowdown could affect workers on one of Chicago’s biggest developments. Bally’s says up to 1,500 union tradespeople could potentially feel the impact.
“We do not take this lightly because of the potential impact on many of the 1,500 union trades people who have been working hard to build Bally’s Chicago,” the company said.
Bally’s says it is reviewing its options while hoping for “more productive discussions with the Mayor’s Office and City Council.”
The dispute follows a major July milestone, when the casino reached its full structural height at 560 W. Grand Ave., according to our previous reporting. Crews installed the final steel beam at the former Chicago Tribune Freedom Center site.
“This is a significant milestone for Bally’s Chicago and reflects the incredible effort of the union trades and partners who have made this moment possible,” Kim said at the time. “We’re proud of the progress to date and excited to move into the next phase as we deliver a one-of-a-kind destination for the people of Chicago.”
Plans for the 30-acre River West property include 3,400 slots, 173 table games, 10 food and beverage venues, a 500-room hotel, a 3,000-seat entertainment venue, parking and riverfront amenities. About 3,000 permanent jobs are expected.
Construction has faced earlier setbacks involving debris entering the Chicago River, an unauthorized waste hauler and engineering changes that forced foundation revisions and relocation of the hotel tower.
“We had some fits and starts,” Kim said during the July topping-off event. “We’re going to be done early next year. We’re excited to finish it all up.”
The Illinois Gaming Board has extended operations at Bally’s temporary Medinah Temple casino through September 9, 2027.
Bally’s had already moved in June to defend its investment, saying it assembled an “excellent and knowledgeable team” and hired RKF Global PLLC, where former Mayor Lori Lightfoot is a partner.
“As we ramp up efforts to protect our investment in the city, we have also brought on the strategic counsel of RKF Global PLLC,” Bally’s said.
Chicago officials have projected the permanent casino could eventually produce more than $100 million annually for police and fire pensions and other city priorities.
Featured image: Heron Agency / Bally’s Corporation
