{"id":1583536,"date":"2024-06-10T09:35:49","date_gmt":"2024-06-10T13:35:49","guid":{"rendered":"https:\/\/sports7.us\/?p=1583536"},"modified":"2024-06-10T09:35:49","modified_gmt":"2024-06-10T13:35:49","slug":"ballys-temporary-casino-in-chicago-hit-record-high-levels-of-revenue-in-may","status":"publish","type":"post","link":"https:\/\/sports7.us\/news\/ballys-temporary-casino-in-chicago-hit-record-high-levels-of-revenue-in-may\/","title":{"rendered":"Bally\u2019s Temporary Casino in Chicago hit record-high levels of revenue in May"},"content":{"rendered":"<p><span style=\"font-weight: 400\">In May 2024, Bally\u2019s Chicago posted its best monthly gross gaming revenue with $11.73 million. That was reported by the Illinois Gaming Control Board (IGCB). Their slot machines accounted for $6.8 million and table games won $4.75 million. This temporary casino location opened last September. Mark Wong is the General manager and VP of Bally\u2019s Chicago. He believes their continued growth demonstrates their popularity in the market Last month they climbed over the 90,000 person mark. Bally's Chicago features 800 slot machines and 56 live dealer table games. <\/span><\/p>\n<h2>What is holding Bally\u2019s Chicago from starting to build its permanent casino location?<\/h2>\n<p><span style=\"font-weight: 400\">Bally\u2019s Chicago will continue to operate in Illinois as the Bally\u2019s Corp. waits to build its permanent resort property. Early next month, they are expected to take possession of the former Chicago Tribune printing plant. Additionally, the industry operator plans to have their permanent casino in Chicago open in 2026. They will have a 500-room hotel, a 3,000-seat theatre, 10 restaurants, and a casino with 4,000 gaming positions. When they open to the public, Bally\u2019s Chicago will be the largest casino in the state.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Funding is one issue holding Bally\u2019s back. However, GM Mark Wong is not worried. He said the casino is still on track to open in September 2026. Bally\u2019s is seeking roughly $800 million to support the $1.7 billion needed to build their permanent casino in Chicago. They need additional funding because Bally\u2019s is not making the money they projected to make. Last year, they estimated $242.7 million could be made in 2024, roughly $20.22 million a month. Year to date, Bally\u2019s has made $52.36 million. Only $10.47 million. Well-below the numbers they projected.<\/span><\/p>\n<h2><b>Demolition is expected to start soon in Chicago<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Bally\u2019s is taking over the complex formerly owned by the Chicago Tribune in the Freedom Center. They paid $150 million for the property. Mark Wong said they will start prepping for demolition once they take full ownership next month. The Freedom Center opened in 1982.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In May 2024, Bally\u2019s Chicago posted its best monthly gross gaming revenue with $11.73 million. That was reported by the Illinois Gaming Control Board (IGCB). Their slot machines accounted for $6.8 million and table games won $4.75 million. This temporary casino location opened last September. Mark Wong is the General manager and VP of Bally\u2019s [&hellip;]<\/p>\n","protected":false},"author":304,"featured_media":1583537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[447316],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bally\u2019s Temporary Casino in Chicago hit record-high levels of revenue in May<\/title>\n<meta name=\"description\" content=\"With $11.73 million in gross gaming revenue, Bally\u2019s Chicago set a new monthly record in May. They are still operating as a temporary casino.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sports7.us\/news\/ballys-temporary-casino-in-chicago-hit-record-high-levels-of-revenue-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bally\u2019s Temporary Casino in Chicago hit record-high levels of revenue in May\" \/>\n<meta property=\"og:description\" content=\"With $11.73 million in gross gaming revenue, Bally\u2019s Chicago set a new monthly record in May. 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