Bally's halts construction pace for Chicago casino project

In Chicago, Bally's Corporation announced a change in the construction pace of its permanent casino project due to a dispute with City Hall regarding video gambling regulations. The company informed the Chicago Community Builders Collective that this adjustment could affect approximately 1,500 union workers involved in the project. Bally's has expressed concerns that the city's potential expansion of video gambling terminals violates their Host Community Agreement, which was established to limit gaming expansion in the area. This dispute arises from a budget passed by the City Council, which included provisions for increased video gambling as an alternative to Mayor Brandon Johnson's proposed corporate head tax.

The legalization of additional video gambling terminals is part of a broader financial strategy by the City Council, which aims to generate revenue through various means, including an increase in the plastic bag tax and changes to liquor sales taxes. Bally's argues that the proliferation of these terminals could undermine the viability of their casino project and create uncertainty for its future. The company has indicated that it may pursue legal action against the city if the expansion of video gambling proceeds, claiming it breaches their contractual agreement.

Despite these challenges, Bally's remains committed to opening the casino in early 2027 and has stated its intention to honor its commitments under the Host Community Agreement. The company hopes to engage in more productive discussions with the Mayor's Office and the City Council to resolve the ongoing issues. The situation highlights the tension between city officials and private enterprises regarding the regulation of gambling and its implications for local economies.

As the construction pace is reset, the impact on the workforce and the overall timeline for the casino's opening remains uncertain. Bally's has emphasized the importance of adhering to the agreements made with the city, while also navigating the complexities of local governance and community expectations. The outcome of this dispute could have significant ramifications for the future of gaming in Chicago and the economic landscape of the area.