Lightfoot cited Bally’s financial benefits when announcing why it was picked, saying it will provide a $40 million upfront payment to the city and $4 million annually for the Host Community Agreement, and it’s the only operator that didn’t have a competing casino in the region.īally’s also has an agreement with organized labor, and the company has “committed to take input from the community” on how it redevelops the Tribune site, Lightfoot said.Īld. Wabash Ave., “due to its proximity to major transit and retail/hospitality corridors” and in an effort to boost nearby businesses struggling during COVID-19, according to the mayor’s office. The temporary casino will be located at the Medinah Temple, 600 N.
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