Bally’s Corporation is now seeking investment for a 25 per cent equity stake in its upcoming Chicago casino and resort project.

Bally’s Chicago has begun marketing the initial public offering and concurrent private placement of its own equity stake in the project, the company said.
The casino operator hopes to raise US$250m to go towards construction of the casino and resort, the Chicago-Sun Times reported.
Bally’s revealed in July that Gaming and Leisure Properties (GLPI) is to provide the business with up to US$2.07bn in funding to complete the construction of its redesigned permanent Chicago casino and entertainment complex.
The finished product would see around 3,300 slots, 173 table games and VIP gaming areas be housed in the casino.
A 500-room, 34-storey hotel tower would also be constructed alongside a 3,000-seat theatre, six restaurants, cafes and a food hall.
A two-acre public park has also been included in initial renderings of the site that Bally’s wants up and running in September 2026.
In September, GLPI completed the acquisition of the land on which the resort is to be constructed for $250m.