Bally’s Loudly Opposes Chicago Budget That Would Legalize Video Gaming Terminals – Casino Reports

A Bally's VP estimated Bally’s would have a yearly total tax loss of $260 million with VGTs legal, and the city would lose roughly $70 million in tax revenue annually beyond the $4 million payment from the HCA. But she saved her biggest salvo for last, claiming a similar 37% reduction in revenue projects to a “staggering reduction of 750 to 1,050 positions if this proposal is effectuated.” Suever said Bally’s is committed to creating and maintaining 3,000 jobs at the River West side but bluntly said “VGTs pose a direct threat to this commitment.”