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https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/
Latest Casino and Gaming NewsMon, 15 Jul 2024 17:43:27 +0000
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By: Tony
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-378386
Mon, 15 Jul 2024 17:43:27 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-378386Way to go, Bally’s! Now that the funding issue has been sorted out, it is time for demolition operations to begin at the Freedom Center. Since Bally’s Chicago is now back to all sunshine and daffodils, there are already 60 customer reviews of the temporary Bally’s Chicago casino posted prominently on Yelp. Take a look, but remind the Bally’s Chicago folks to take good care of those daffodils. Too much sunshine can affect them. Now please review the casino’s current pulse check on Yelp.
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By: Daniel
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-377587
Fri, 12 Jul 2024 21:15:55 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-377587Both July 12, 2024 Bally’s press releases mention a planned land-based Bally’s casino in State College, PA. Will GLPI be involved with financing that casino also? Why is that project currently never mentioned in the media anymore? Folks near the Nittany Mall are quick to point out that the Bally’s casino won’t be near the mall. It will be located in a former Macy’s department store that is INSIDE the Nittany Mall. Bally’s was probably just kidding when mentioning “NEAR” in every Bally’s press release for the past two years, right?
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By: Mike
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-377563
Fri, 12 Jul 2024 12:39:55 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-377563With multiple investigations reportedly underway, how confident is Bally’s that the city will swiftly approve those licenses?
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By: Anthony
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-377497
Thu, 11 Jul 2024 16:17:22 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-377497I just read about this and was reminded that Bally’s is contractually required to open their permanent Bally’s Chicago by September 2026. Smoke and mirrors. Is the City of Chicago really serious about that? What happens if severe winter weather in early 2026 prevents Bally’s from having their grand opening ceremony in September? What happens in July and August of 2026 when the project is not even close to being completed by September? Would an extension be granted with a wink and a nod or will the unfinished permanent casino just face demolition? Smoke and mirrors.
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By: Daniel
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-377495
Thu, 11 Jul 2024 16:06:49 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-377495Bally’s Chicago needs permits for demolition? OK, how many have been applied for AND what is the estimated date for those permits to be approved and actually issued? Uh, oh!
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By: Dan
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-376571
Mon, 01 Jul 2024 12:31:57 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-376571Bally’s stock price struggles badly every day to rise even above the $12.00 mark. Where’s the investor confidence about Bally’s Chicago? Cramer reminds us, “The very best thing about falling stock prices is that they have to stop at zero.”
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By: Andrew
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-376484
Sun, 30 Jun 2024 17:19:12 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-376484How much will it cost to keep all those demolition crews working 12 hours per day, 7 days a week, for 5 months or longer – and then to actually build the new casino afterwards? All of that spending is being financed… and the new casino won’t bring in any revenue for Bally’s until all of the demolition and construction is finally finished. I can only imagine how hard Bally’s stock price will crash if they can’t complete the project and the expected revenue from the new casino never materializes at all….
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By: Tony
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-375266
Thu, 20 Jun 2024 00:09:06 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-375266Bally’s chances for successfully opening a permanent casino in Chicago are now the same as a blank vaccine card. They don’t have a shot!
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By: Caron
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-375246
Wed, 19 Jun 2024 21:03:01 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-375246What will Bally’s do with their temporary Chicago casino in the Medinah Temple? Just leave it vacant since they’re leaving town anyway I reckon.
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By: George
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-375121
Tue, 18 Jun 2024 23:38:57 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-375121Take a quick look where Bally’s (BALY) stock price has been stuck YTD since January 1st. It now hovers under 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!
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By: D.J.
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-375115
Tue, 18 Jun 2024 22:54:10 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-375115Mike 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.”
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By: Mike
https://www.abouttanzanitejewelry.com/news/ballys-facing-five-months-of-daily-demolition-for-chicago-casino/#comment-375112
Tue, 18 Jun 2024 22:45:59 +0000https://www.abouttanzanitejewelry.com/news/?p=322916#comment-375112What 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 reportedly 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 over six months ago. In the interest of transparency, please provide us with an update. Are those two investigations still underway?
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