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bali company (New York Stock Exchange: BaliIt announced on Friday that the proposed site plan for the company’s $1.7 billion casino complex in Chicago was approved by the Department of Planning and Urban Development on Wednesday.
The location overlooking the river is hailed as a starting point for the next day generation of entertainment. The location is noteworthy as it will be the first mixed-use gaming complex and resort located in the center of a major metropolitan city. The complex will include a casino, food court, restaurants, theater, event space, museum, exhibition area, and VIP areas, as well as a 500-room hotel.
The project gives Bally’s the exclusive right to operate a temporary casino for up to three years while the permanent casino resort is constructed.