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By: Michael

Michael — Wed, 03 Jul 2024 18:24:40 +0000

Tomorrow is the Fourth of July. How many of those required permits have been received? How many have been applied for? Let’s watch to see how much is accomplished by Labor Day.

By: Tony

Tony — Wed, 12 Jun 2024 11:48:49 +0000

Don’t bet on Bally’s!

By: George

George — Mon, 10 Jun 2024 13:06:11 +0000

Take a quick look where Bally’s (BALY) stock price has been stuck since January 1st. It now hovers in the $12.00 range nearly every day. Hitting $13.00 and staying above that seems to now be out of the question for them. No wonder Bally’s Chairman Soo Kim wisely offered just $15.00 per share in his takeover bid to take the company private. A more sensible investment in the AI sector would absolutely be a decision to cheer about. Bally’s? Not so much!

By: Andrew

Andrew — Mon, 10 Jun 2024 11:10:40 +0000

With revenue numbers like these, it is no wonder that Bally’s had to ask Rhode Island for additional concessions including an increase in its leverage limits. What additional concessions will Bally’s ask for from the people of Chicago?

By: D.J.

D.J. — Mon, 10 Jun 2024 03:55:39 +0000

Mike Pence had a more realistic chance of winning the 2024 Presidential election than Bally’s now has in their hope to build a successful casino anywhere. Strong emphasis here on the word “anywhere.”

By: Dan

Dan — Mon, 10 Jun 2024 02:04:35 +0000

How many other financial “irons are in the fire” right now for brand-new brick-and-mortar Bally’s casino locations? One is the planned $120 million land-based Bally’s casino near the Nittany Mall in State College, PA. At least construction there will be easier since that casino location is a vacant former Macy’s store near (actually in) that shopping mall. The approval or denial of the formal issuance of the State College casino license has been held up since 2021 due to legal wranglings between the non-winning bidder and the winning bidder. The Pennsylvania Supreme Court has taken jurisdiction of the case and will hear arguments at a future date yet to be determined. Some not so brilliant business plans underway, right? Who picked that State College location anyway? Are they still one of the current Bally’s decision-makers?

By: Mike

Mike — Mon, 10 Jun 2024 01:39:27 +0000

Wait a minute! What about ongoing investigations that are not mentioned above? In early December, reporters at PlayIllinois.com revealed that Bally’s Chicago is drawing the eye of both local and federal investigators. That was according to Crain’s Chicago Business, which reports that authorities are looking at the bidding process that resulted in Bally’s winning the opportunity to construct a casino in Chicago. The probes were spurred by complaints from unsuccessful bidders, the report said. No one close to the investigations has commented on the probes. However, Chicago Alderman Brian Hopkins confirmed the federal investigation, and claimed the entire Bally’s Chicago project could be at risk of coming to a complete halt. The federal investigation is reportedly being spearheaded by the U.S. Attorney’s Office. City of Chicago Inspector General Deborah Witzburg is reportedly running the city’s investigation. Early December was just over six months ago. In the interest of transparency, please provide us with an update. Are those two investigations still underway or are there more than two?

By: Anthony

Anthony — Mon, 10 Jun 2024 01:30:34 +0000

Bally’s (and others) apparently already forgot about the Chicago investigations reportedly going on about how Bally’s was selected by the City of Chicago’s leaders. Did the media also forget about that? Ask Chicago Inspector General Deborah Witzburg if she forgot all about it. As Jacob McCandles said often in Big Jake, “Not hardly.”