Bally’s Corporation is a US company that mainly operates in the gambling and entertainment industries. Its business covers various areas such as casinos, sports betting, online gambling, iGaming, and fantasy sports across the United States.
Headquartered in Providence, Rhode Island, the company owns 14 casinos, 13 racetracks, and four sports arenas, distributed across seven US states. Bally’s Corporation is dedicated to continuously expanding its business scope, providing high-quality entertainment experiences, and constantly innovating and leading trends in the gambling industry.
On Friday, Bally’s Corporation (NYSE:BALY) announced that the proposed site plan for its $1.7 billion casino complex in Chicago was approved by the city’s Department of Planning and Urban Development on Wednesday.
The riverfront location is being hailed as a springboard for the next generation of entertainment. It is particularly notable as it will mark the first ground-up mixed-use gaming complex and resort located in the center of a major metropolitan city. The complex will include a casino, food hall and restaurants, a theater and event space, a museum and exhibition area, VIP areas, as well as a 500-room hotel.
The project also grants Bally’s Corporation the exclusive right to operate a temporary casino for up to three years while the permanent casino resort is under construction.