Bally’s Chicago at Risk of Not Being Built, Says City Alderman Brian Hopkins – Casino.org

"Bally’s has already indicated that they’re not in a hurry to start construction,” Ald. Brian Hopkins said. “They don’t have the money to do it. They were counting on the cash flow from the Medinah Temple site to fund the construction project, and right now, they don’t have it. The signs are on the wall that they’re going to stay (at Medinah) longer. The real risk now is that they turn [Medinah Temple] into a permanent temporary site where it just keeps getting renewed over and over again,”
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Fullbladder
2 years ago

When the CME moved to the CBOT, that floor, back in 08′, was the golden opportunity for a Chicago casino. Chicago’s missed the boat on a casino, the region is saturated at this point. The Chicago Political class’s in-fighting over who gets to steal first, has cost them that opportunity.

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Rick
2 years ago

Maybe they don’t like taking orders from SEIU as to how they are to actually run their own casino.

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Where's Mine ???
2 years ago

This ST-Fran Spielman podcast show interview with Hopkins is pretty good. He states the same thing about Bally’s casino being a flop. Interesting comments on downtown crime and retail/real-estate closings…but he still kinda keeps the knee pads on for CTU/Brandon.
https://chicago.suntimes.com/fran-spielman-show/2023/11/16/23964206/ballys-temporary-casino-medinah-temple-revenue-gambling-permanent-site-water-tower-place-hopkins

Last edited 2 years ago by Where's Mine ???
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