JUST IN: Mayor Lori Lightfoot’s decision to tap Bally’s to build a casino in River West won the approval of 27 members of the Chicago City Council on Monday, setting the $1.73 billion proposal up for a final vote on Wednesday.
Bally’s casino and resort would be built on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street.
The casino and resort would replace what is now the Chicago Tribune printing plant and newsroom, forcing the newspaper to relocate its operations. The proposed casino would be built on the Chicago Tribune printing plant and newsroom site near Chicago Avenue and Halsted Street. Bally’s is the only one of the three finalists that does not operate another nearby casino, giving the firm an incentive to maximize efforts to drive gamblers and revelers to their Chicago casino and resort — boosting the city’s share of its revenue, according to that study.
Bally’s will also create a jobs program specifically targeting Chicago neighborhoods with the highest levels of unemployment and lowest income, according to the mayor’s office.
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