“Major victory” for Bally’s Chicago casino campaign
Operator Bally's Corporation has hailed a "major victory," following the Chicago City's Council vote to approve an amendment for the construction of its casino.
The amendment is to Planned Development No. 1426, which authorises zoning for the building of Bally’s Chicago Casino, a $1.7bn “flagship entertainment destination.”
Bally’s says the first phase of the project will include a one-million-square-foot casino building, a 500-room hotel and a 3,000-person.
The battle for a Chicago licence took some time but Bally’s was considered a favourite from early in the process.
The Council’s support follows the Plan Commission and Committee on Zoning recommended approval of the project earlier this week.
Bally’s Chairman Soo Kim said: “This is a significant achievement and another critical step forward in the process of developing Bally’s Chicago.
“We are confident the casino will bring numerous long-term, positive economic benefits, including good-paying, union jobs, to this great city.”
There has been plenty of Bally’s news elsewhere this week, first with the company appointing a new EVP and Chief Legal Officer in Kim Barker Lee.
Company CEO Lee Fenton added: “We are excited to welcome Kim to Bally’s and are confident that she will make an excellent addition to our global leadership team.”
Per the agreement, the parties will take a neutral approach to organise campaigns that will enable every Tropicana Las Vegas employee to make an informed decision regarding their union representation.
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