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American Alliance for Equal Rights sues over Bally’s Chicago casino IPO

Regulation

The American Alliance for Equal Rights filed a federal lawsuit in Chicago challenging Bally’s $250m investment offer for its casino project, which was reserved for women, people of colour and other groups. The suit also names the City of Chicago and the Illinois Gaming Board; Bally’s said the programme reflects its city agreement and warned that an adverse ruling could affect that agreement and casino operations.

The case could affect the proposed investment programme and Bally’s financing plans for its Chicago casino.

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Chicago issues sportsbook licences as alliance challenges city tax

Chicago issued licences to major sportsbook operators before 1 January, allowing their services to remain available as 2026 began, according to a report. The Sports Betting Alliance withdrew its request for a temporary restraining order but is continuing its court challenge to the city’s licensing requirements and proposed 10.25% tax. The alliance argues that Chicago lacks authority under Illinois law to impose them.

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